Sapient Capital LLC Buys Shares of 3,925 HDFC Bank Limited (NYSE:HDB)

Sapient Capital LLC purchased a new position in shares of HDFC Bank Limited (NYSE:HDB) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 3,925 shares of the bank’s stock, valued at approximately $263,000.

A number of other hedge funds have also made changes to their positions in HDB. Skandinaviska Enskilda Banken AB publ bought a new stake in HDFC Bank during the third quarter worth approximately $27,000. NBC Securities Inc. acquired a new stake in shares of HDFC Bank in the third quarter worth $29,000. Resurgent Financial Advisors LLC bought a new stake in shares of HDFC Bank during the 4th quarter worth $40,000. FinTrust Capital Advisors LLC boosted its holdings in shares of HDFC Bank by 36.4% during the 3rd quarter. FinTrust Capital Advisors LLC now owns 693 shares of the bank’s stock worth $41,000 after buying an additional 185 shares during the period. Finally, Signaturefd LLC grew its stake in HDFC Bank by 44.7% in the 3rd quarter. Signaturefd LLC now owns 848 shares of the bank’s stock valued at $50,000 after buying an additional 262 shares during the last quarter. Institutional investors and hedge funds own 17.61% of the company’s stock.

HDFC Bank Stock Down 0.9 %

HDFC Bank stock opened at $56.51 on Tuesday. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.52 and a quick ratio of 0.52. HDFC Bank Limited has a fifty-two week low of $52.16 and a fifty-two week high of $71.39. The firm has a fifty day moving average price of $55.47 and a two-hundred day moving average price of $58.61. The firm has a market cap of $105.10 billion, a price-to-earnings ratio of 17.44, a P/E/G ratio of 1.41 and a beta of 0.87.

HDFC Bank (NYSE:HDB) last posted its quarterly earnings data on Tuesday, January 16th. The bank reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.11. HDFC Bank had a return on equity of 15.98% and a net margin of 17.34%. The business had revenue of $8.62 billion for the quarter, compared to analyst estimates of $5.67 billion. As a group, analysts forecast that HDFC Bank Limited will post 2.71 earnings per share for the current year.

About HDFC Bank

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.