HDFC Bank Limited (NYSE:HDB) Shares Acquired by BSW Wealth Partners

BSW Wealth Partners boosted its holdings in HDFC Bank Limited (NYSE:HDB) by 6.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,195 shares of the bank’s stock after purchasing an additional 464 shares during the quarter. BSW Wealth Partners’ holdings in HDFC Bank were worth $523,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Pin Oak Investment Advisors Inc. increased its stake in shares of HDFC Bank by 104.1% during the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 498 shares of the bank’s stock valued at $31,000 after acquiring an additional 254 shares during the last quarter. Northwest Investment Counselors LLC acquired a new position in HDFC Bank during the third quarter worth approximately $38,000. JFS Wealth Advisors LLC boosted its holdings in shares of HDFC Bank by 70.2% in the 3rd quarter. JFS Wealth Advisors LLC now owns 667 shares of the bank’s stock valued at $42,000 after purchasing an additional 275 shares during the last quarter. RPg Family Wealth Advisory LLC acquired a new position in shares of HDFC Bank in the 3rd quarter valued at $65,000. Finally, GAMMA Investing LLC grew its stake in shares of HDFC Bank by 34.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,215 shares of the bank’s stock valued at $76,000 after buying an additional 312 shares during the period. 17.61% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

HDB has been the topic of a number of research analyst reports. Nomura Securities upgraded HDFC Bank from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 23rd. Nomura raised HDFC Bank from a “neutral” rating to a “buy” rating in a research note 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 Wednesday, November 27th.

HDFC Bank Stock Performance

NYSE:HDB opened at $59.64 on Thursday. HDFC Bank Limited has a 1-year low of $52.16 and a 1-year high of $68.50. The stock has a market cap of $151.02 billion, a P/E ratio of 18.13, a PEG ratio of 1.73 and a beta of 0.92. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.53 and a quick ratio of 0.53. The firm has a 50-day moving average of $63.56 and a two-hundred day moving average of $62.38.

HDFC Bank (NYSE:HDB) last released its quarterly earnings results on Wednesday, January 22nd. The bank reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.08. HDFC Bank had a net margin of 14.64% and a return on equity of 11.78%. On average, research analysts expect that HDFC Bank Limited will post 3.13 earnings per share for the current fiscal year.

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.