HDFC Bank Limited (NYSE:HDB) Shares Bought by Aubrey Capital Management Ltd

Aubrey Capital Management Ltd grew its holdings in shares of HDFC Bank Limited (NYSE:HDB) by 29.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,910 shares of the bank’s stock after buying an additional 3,632 shares during the period. Aubrey Capital Management Ltd’s holdings in HDFC Bank were worth $1,016,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Cetera Investment Advisers raised its holdings in HDFC Bank by 2.4% during the second quarter. Cetera Investment Advisers now owns 14,979 shares of the bank’s stock worth $964,000 after purchasing an additional 358 shares in the last quarter. GAMMA Investing LLC grew its position in HDFC Bank by 34.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,215 shares of the bank’s stock worth $76,000 after purchasing an additional 312 shares in the last quarter. CWM LLC grew its holdings in shares of HDFC Bank by 2,567.2% during the 3rd quarter. CWM LLC now owns 3,094 shares of the bank’s stock valued at $194,000 after acquiring an additional 2,978 shares in the last quarter. UMB Bank n.a. grew its holdings in shares of HDFC Bank by 10.5% during the 3rd quarter. UMB Bank n.a. now owns 5,340 shares of the bank’s stock valued at $334,000 after acquiring an additional 509 shares in the last quarter. Finally, First Affirmative Financial Network lifted its stake in shares of HDFC Bank by 14.7% in the 3rd quarter. First Affirmative Financial Network now owns 3,628 shares of the bank’s stock valued at $227,000 after purchasing an additional 466 shares during the last quarter. Institutional investors own 17.61% of the company’s stock.

HDFC Bank Price Performance

Shares of HDFC Bank stock opened at $61.22 on Monday. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 1.26. The stock has a market capitalization of $155.03 billion, a price-to-earnings ratio of 18.61, a P/E/G ratio of 1.70 and a beta of 0.91. HDFC Bank Limited has a 1-year low of $52.16 and a 1-year high of $68.50. The firm’s 50-day moving average price is $62.76 and its two-hundred day moving average price is $62.39.

HDFC Bank (NYSE:HDB) last issued its quarterly earnings results on Wednesday, January 22nd. The bank reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.08. HDFC Bank had a net margin of 14.64% and a return on equity of 12.19%. On average, equities analysts predict that HDFC Bank Limited will post 3.09 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms recently issued reports on HDB. Nomura Securities raised shares of HDFC Bank from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 23rd. StockNews.com lowered shares of HDFC Bank from a “hold” rating to a “sell” rating in a research report on Wednesday, November 27th. Finally, Nomura raised shares of HDFC Bank from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd.

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.