Tudor Investment Corp ET AL Makes New Investment 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) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,083 shares of the bank's stock, valued at approximately $580,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HDB. Whipplewood Advisors LLC bought a new stake in shares of HDFC Bank in the fourth quarter worth $29,000. Graney & King LLC bought a new stake in shares of HDFC Bank in the 4th quarter valued at about $38,000. Brown Brothers Harriman & Co. increased its stake 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 valued at $39,000 after buying an additional 240 shares during the period. Sierra Ocean LLC bought a new position in shares of HDFC Bank during 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 approximately $56,000. 17.61% of the stock is currently owned by institutional investors.

HDFC Bank Stock Up 1.5 %

NYSE HDB traded up $1.04 on Friday, reaching $70.54. The company had a trading volume of 2,323,241 shares, compared to its average volume of 2,817,861. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 1.26. The stock has a market capitalization of $178.63 billion, a P/E ratio of 21.44, a P/E/G ratio of 2.12 and a beta of 0.63. The company's fifty day moving average is $66.95 and its 200 day moving average is $64.17. HDFC Bank Limited has a 52-week low of $54.99 and a 52-week high of $75.37.

HDFC Bank (NYSE:HDB - Get Free Report) last posted its quarterly earnings data 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. HDFC Bank had a return on equity of 12.19% and a net margin of 14.64%. The business had revenue of $5.04 billion for the quarter, compared to analysts' expectations of $434.68 billion. Sell-side analysts anticipate that HDFC Bank Limited will post 3.03 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on HDB shares. Nomura Securities upgraded shares of HDFC Bank from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 23rd. Nomura upgraded HDFC Bank from a "neutral" rating to a "buy" rating in a report on Thursday, January 23rd. Finally, StockNews.com lowered HDFC Bank from a "hold" rating to a "sell" rating in a research report on Monday, May 5th.

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.