HDFC Bank Limited (NYSE:HDB) Shares Purchased by 180 Wealth Advisors LLC

180 Wealth Advisors LLC raised its position in HDFC Bank Limited (NYSE:HDBGet Rating) by 4.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 6,184 shares of the bank’s stock after purchasing an additional 275 shares during the period. 180 Wealth Advisors LLC’s holdings in HDFC Bank were worth $343,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in HDB. Fieldpoint Private Securities LLC increased its stake in shares of HDFC Bank by 15.7% during the 1st quarter. Fieldpoint Private Securities LLC now owns 1,235 shares of the bank’s stock worth $76,000 after purchasing an additional 168 shares in the last quarter. Eaton Vance Management grew its holdings in HDFC Bank by 5.8% during the 4th quarter. Eaton Vance Management now owns 3,449 shares of the bank’s stock valued at $223,000 after buying an additional 189 shares during the last quarter. Veriti Management LLC increased its position in HDFC Bank by 2.9% during the first quarter. Veriti Management LLC now owns 6,704 shares of the bank’s stock worth $411,000 after buying an additional 189 shares in the last quarter. Shepherd Financial Partners LLC raised its holdings in shares of HDFC Bank by 2.4% in the fourth quarter. Shepherd Financial Partners LLC now owns 9,435 shares of the bank’s stock worth $614,000 after acquiring an additional 223 shares during the last quarter. Finally, KB Financial Partners LLC lifted its position in shares of HDFC Bank by 7.6% in the first quarter. KB Financial Partners LLC now owns 3,290 shares of the bank’s stock valued at $202,000 after acquiring an additional 232 shares in the last quarter. Institutional investors and hedge funds own 17.59% of the company’s stock.

HDFC Bank Trading Down 3.0 %

HDFC Bank stock opened at $64.92 on Monday. The stock has a 50-day moving average price of $62.08 and a 200 day moving average price of $58.97. HDFC Bank Limited has a 52 week low of $50.61 and a 52 week high of $78.43. The stock has a market cap of $119.30 billion, a PE ratio of 22.94, a P/E/G ratio of 1.01 and a beta of 0.80. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.84.

HDFC Bank (NYSE:HDBGet Rating) last released its quarterly earnings results on Saturday, July 16th. The bank reported $0.66 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.66. The company had revenue of $3.61 billion for the quarter, compared to analysts’ expectations of $3.27 billion. HDFC Bank had a net margin of 22.96% and a return on equity of 16.39%. Equities research analysts predict that HDFC Bank Limited will post 2.99 earnings per share for the current fiscal year.

HDFC Bank Increases Dividend

The firm also recently declared an annual dividend, which was paid on Wednesday, July 27th. Shareholders of record on Thursday, May 12th were issued a $0.5805 dividend. The ex-dividend date was Tuesday, July 19th. This is an increase from HDFC Bank’s previous annual dividend of $0.52. This represents a yield of 0.8%. HDFC Bank’s payout ratio is 17.31%.

HDFC Bank Company Profile

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HDFC Bank Limited provides various banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. It operates in Treasury, Retail Banking, Wholesale Banking, Other Banking Business, and Unallocated segments. The company 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, overdrafts against fixed deposits, and sweep-in facilities.

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Institutional Ownership by Quarter for HDFC Bank (NYSE:HDB)

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