Calamos Advisors LLC cut its holdings in shares of HDFC Bank Limited (NYSE:HDB - Free Report) by 82.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,983 shares of the bank's stock after selling 85,259 shares during the period. Calamos Advisors LLC's holdings in HDFC Bank were worth $1,207,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in the business. Skandinaviska Enskilda Banken AB publ bought a new position in shares of HDFC Bank in the third quarter valued at $27,000. NBC Securities Inc. bought a new position in shares of HDFC Bank in the third quarter valued at $29,000. FinTrust Capital Advisors LLC increased its holdings in shares of HDFC Bank by 36.4% in the third quarter. FinTrust Capital Advisors LLC now owns 693 shares of the bank's stock valued at $41,000 after buying an additional 185 shares in the last quarter. Signaturefd LLC increased its holdings in shares of HDFC Bank by 44.7% in the third quarter. Signaturefd LLC now owns 848 shares of the bank's stock valued at $50,000 after buying an additional 262 shares in the last quarter. Finally, Park Place Capital Corp increased its holdings in shares of HDFC Bank by 84.9% in the third quarter. Park Place Capital Corp now owns 867 shares of the bank's stock valued at $51,000 after buying an additional 398 shares in the last quarter. 17.61% of the stock is currently owned by institutional investors and hedge funds.
HDFC Bank Price Performance
Shares of NYSE HDB traded down $0.76 during trading on Monday, hitting $58.29. The company had a trading volume of 3,977,731 shares, compared to its average volume of 3,642,041. The company has a market cap of $108.41 billion, a P/E ratio of 17.73, a PEG ratio of 1.46 and a beta of 0.87. HDFC Bank Limited has a 52 week low of $52.16 and a 52 week high of $71.39. The business's 50-day moving average is $55.68 and its 200 day moving average is $58.59. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.52 and a current ratio of 0.52.
HDFC Bank Company Profile
(
Free Report)
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.
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