Calamos Advisors LLC Sells 85,259 Shares of HDFC Bank Limited (NYSE:HDB)

Calamos Advisors LLC lessened its stake in shares of HDFC Bank Limited (NYSE:HDB) by 82.6% during the 4th quarter, Holdings Channel reports. The fund owned 17,983 shares of the bank’s stock after selling 85,259 shares during the period. Calamos Advisors LLC’s holdings in HDFC Bank were worth $1,207,000 as of its most recent SEC filing.

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

HDFC Bank Price Performance

Shares of NYSE HDB opened at $59.05 on Monday. HDFC Bank Limited has a fifty-two week low of $52.16 and a fifty-two week high of $71.39. The company has a market cap of $109.83 billion, a PE ratio of 18.23, a P/E/G ratio of 1.46 and a beta of 0.87. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.52 and a current ratio of 0.52. The business has a 50-day simple moving average of $55.68 and a two-hundred day simple moving average of $58.59.

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.