HDFC Bank Limited (NYSE:HDB) Holdings Boosted by Generali Investments CEE investicni spolecnost a.s.

Generali Investments CEE investicni spolecnost a.s. boosted its stake in HDFC Bank Limited (NYSE:HDB - Free Report) by 167.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 99,200 shares of the bank's stock after purchasing an additional 62,120 shares during the period. Generali Investments CEE investicni spolecnost a.s.'s holdings in HDFC Bank were worth $6,591,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. GAMMA Investing LLC increased its holdings in HDFC Bank by 6.8% in the 1st quarter. GAMMA Investing LLC now owns 2,391 shares of the bank's stock valued at $159,000 after purchasing an additional 153 shares in the last quarter. Brown Brothers Harriman & Co. grew its stake in shares of HDFC Bank by 63.7% during the fourth quarter. Brown Brothers Harriman & Co. now owns 617 shares of the bank's stock valued at $39,000 after acquiring an additional 240 shares in the last quarter. Level Four Advisory Services LLC grew its stake in shares of HDFC Bank by 3.6% during the fourth quarter. Level Four Advisory Services LLC now owns 6,855 shares of the bank's stock valued at $438,000 after acquiring an additional 241 shares in the last quarter. Portside Wealth Group LLC grew its stake in shares of HDFC Bank by 2.7% during the first quarter. Portside Wealth Group LLC now owns 9,014 shares of the bank's stock valued at $599,000 after acquiring an additional 241 shares in the last quarter. Finally, Endowment Wealth Management Inc. grew its stake in shares of HDFC Bank by 4.9% during the fourth quarter. Endowment Wealth Management Inc. now owns 6,202 shares of the bank's stock valued at $396,000 after acquiring an additional 289 shares in the last quarter. 17.61% of the stock is currently owned by institutional investors and hedge funds.

HDFC Bank Stock Down 0.0%

Shares of HDFC Bank stock traded down $0.02 during trading hours on Friday, hitting $76.16. 1,618,943 shares of the company's stock traded hands, compared to its average volume of 2,733,734. The stock has a 50 day simple moving average of $74.32 and a 200-day simple moving average of $66.93. The company has a quick ratio of 0.09, a current ratio of 0.07 and a debt-to-equity ratio of 1.26. The company has a market cap of $192.86 billion, a PE ratio of 23.08, a PEG ratio of 1.85 and a beta of 0.64. HDFC Bank Limited has a twelve month low of $57.24 and a twelve month high of $78.14.

HDFC Bank (NYSE:HDB - Get Free Report) last announced its earnings results on Saturday, April 19th. The bank reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.11. HDFC Bank had a return on equity of 13.85% and a net margin of 15.02%. The company had revenue of $5.04 billion during the quarter, compared to the consensus estimate of $434.68 billion. Equities research analysts anticipate that HDFC Bank Limited will post 3.03 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded HDFC Bank from a "sell" rating to a "hold" rating in a research note on Wednesday, May 14th.

HDFC Bank Company Profile

HDFC Bank Limited provides banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in three segments: Wholesale Banking, Retail Banking, and Treasury Services. It accepts savings, salary, current, rural, public provident fund, pension, and demat accounts; fixed and recurring deposits; and safe deposit lockers, as well as offshore accounts and deposits, and overdrafts against fixed deposits.