Tudor Investment Corp ET AL Invests $580,000 in HDFC Bank Limited (NYSE:HDB)

Tudor Investment Corp ET AL acquired a new stake in shares of HDFC Bank Limited (NYSE:HDB - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,083 shares of the bank's stock, valued at approximately $580,000.

Several other institutional investors also recently bought and sold shares of the business. Whipplewood Advisors LLC purchased a new position in HDFC Bank in the fourth quarter worth $29,000. Graney & King LLC acquired a new position in shares of HDFC Bank in the fourth quarter worth about $38,000. Brown Brothers Harriman & Co. raised its position in shares of HDFC Bank by 63.7% in the fourth quarter. Brown Brothers Harriman & Co. now owns 617 shares of the bank's stock worth $39,000 after acquiring an additional 240 shares during the period. Sierra Ocean LLC acquired a new position in shares of HDFC Bank in the fourth quarter worth about $42,000. Finally, Atlas Capital Advisors Inc. acquired a new position in shares of HDFC Bank in the fourth quarter worth about $56,000. 17.61% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Nomura upgraded HDFC Bank from a "neutral" rating to a "buy" rating in a research report on Thursday, January 23rd. Nomura Securities upgraded HDFC Bank from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 23rd. Finally, StockNews.com downgraded shares of HDFC Bank from a "hold" rating to a "sell" rating in a research report on Monday, May 5th.

HDFC Bank Price Performance

Shares of HDB traded down $0.73 during mid-day trading on Wednesday, hitting $71.66. 831,012 shares of the company were exchanged, compared to its average volume of 2,808,710. HDFC Bank Limited has a 1-year low of $54.99 and a 1-year high of $75.37. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.09 and a current ratio of 0.09. The company has a 50 day moving average of $67.46 and a 200-day moving average of $64.29. The stock has a market cap of $181.46 billion, a price-to-earnings ratio of 21.78, a price-to-earnings-growth ratio of 2.12 and a beta of 0.63.

HDFC Bank (NYSE:HDB - Get Free Report) last released its quarterly 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 firm had revenue of $5.04 billion during the quarter, compared to the consensus estimate of $434.68 billion. HDFC Bank had a net margin of 14.64% and a return on equity of 12.19%. Analysts expect that HDFC Bank Limited will post 3.03 EPS for the current fiscal year.

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.