Public Employees Retirement System of Ohio Has $45.55 Million Stake in HDFC Bank Limited (NYSE:HDB)

Public Employees Retirement System of Ohio boosted its holdings in HDFC Bank Limited (NYSE:HDB - Free Report) by 112.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 713,228 shares of the bank's stock after purchasing an additional 377,141 shares during the quarter. Public Employees Retirement System of Ohio's holdings in HDFC Bank were worth $45,547,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. GQG Partners LLC increased its position in HDFC Bank by 74.4% during the fourth quarter. GQG Partners LLC now owns 7,883,347 shares of the bank's stock worth $503,431,000 after purchasing an additional 3,364,114 shares during the last quarter. Schroder Investment Management Group lifted its holdings in HDFC Bank by 82.1% in the fourth quarter. Schroder Investment Management Group now owns 7,008,828 shares of the bank's stock worth $447,584,000 after acquiring an additional 3,160,533 shares during the last quarter. FIL Ltd increased its holdings in shares of HDFC Bank by 17.5% in the 4th quarter. FIL Ltd now owns 17,467,131 shares of the bank's stock worth $1,115,451,000 after acquiring an additional 2,599,337 shares during the period. Royal Bank of Canada boosted its position in shares of HDFC Bank by 43.0% during the fourth quarter. Royal Bank of Canada now owns 7,307,074 shares of the bank's stock worth $466,629,000 after buying an additional 2,196,315 shares during the period. Finally, Robeco Institutional Asset Management B.V. raised its stake in HDFC Bank by 172.6% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 3,380,979 shares of the bank's stock valued at $215,909,000 after acquiring an additional 2,140,591 shares in the last quarter. Institutional investors and hedge funds own 17.61% of the company's stock.

HDFC Bank Price Performance

NYSE HDB traded up $0.51 on Thursday, reaching $74.65. The company's stock had a trading volume of 1,066,091 shares, compared to its average volume of 2,822,470. The firm's 50 day moving average is $70.10 and its two-hundred day moving average is $65.01. The stock has a market cap of $189.04 billion, a PE ratio of 22.69, a PEG ratio of 2.12 and a beta of 0.63. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.09 and a current ratio of 0.09. HDFC Bank Limited has a twelve month low of $55.00 and a twelve month high of $75.37.

HDFC Bank (NYSE:HDB - Get Free Report) last issued its earnings results on Saturday, April 19th. The bank reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.11. The company had revenue of $5.04 billion for the quarter, compared to analyst estimates of $434.68 billion. HDFC Bank had a return on equity of 12.19% and a net margin of 14.64%. As a group, sell-side analysts predict that HDFC Bank Limited will post 3.03 EPS for the current year.

Wall Street Analyst Weigh In

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

HDFC Bank 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.