HDFC Bank Limited (NYSE:HDB) Shares Purchased by Cwm LLC

Cwm LLC raised its position in HDFC Bank Limited (NYSE:HDB) by 2,567.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,094 shares of the bank’s stock after buying an additional 2,978 shares during the period. Cwm LLC’s holdings in HDFC Bank were worth $194,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. UMB Bank n.a. raised its holdings in HDFC Bank by 5.4% in the second quarter. UMB Bank n.a. now owns 4,831 shares of the bank’s stock valued at $311,000 after acquiring an additional 248 shares in the last quarter. Endowment Wealth Management Inc. increased its position in shares of HDFC Bank by 6.5% in the 1st quarter. Endowment Wealth Management Inc. now owns 4,438 shares of the bank’s stock worth $248,000 after purchasing an additional 272 shares during the last quarter. GAMMA Investing LLC increased its position in shares of HDFC Bank by 34.6% in 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 during the last quarter. Mount Yale Investment Advisors LLC raised its stake in shares of HDFC Bank by 5.6% in the 2nd quarter. Mount Yale Investment Advisors LLC now owns 6,114 shares of the bank’s stock valued at $393,000 after purchasing an additional 322 shares in the last quarter. Finally, Toronto Dominion Bank lifted its position in shares of HDFC Bank by 10.8% during the first quarter. Toronto Dominion Bank now owns 3,328 shares of the bank’s stock worth $186,000 after purchasing an additional 325 shares during the last quarter. 17.61% of the stock is currently owned by institutional investors and hedge funds.

HDFC Bank Stock Up 1.7 %

HDB stock opened at $64.19 on Thursday. The firm has a market cap of $119.38 billion, a price-to-earnings ratio of 19.69, a PEG ratio of 1.95 and a beta of 0.92. HDFC Bank Limited has a 1-year low of $52.16 and a 1-year high of $67.44. The firm has a fifty day moving average price of $61.94 and a two-hundred day moving average price of $60.34. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.51 and a quick ratio of 0.51.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on HDB shares. JPMorgan Chase & Co. lowered HDFC Bank from an “overweight” rating to a “neutral” rating in a report on Monday, July 22nd. StockNews.com lowered HDFC Bank from a “hold” rating to a “sell” rating in a research report on Saturday, October 12th.

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.