Dimensional Fund Advisors LP Has $547,000 Position in HDFC Bank Limited (NYSE:HDB)

Dimensional Fund Advisors LP raised its position in shares of HDFC Bank Limited (NYSE:HDB) by 127.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,676 shares of the bank’s stock after acquiring an additional 3,176 shares during the period. Dimensional Fund Advisors LP’s holdings in HDFC Bank were worth $547,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HDB. Jupiter Asset Management Ltd. lifted its position in HDFC Bank by 46.3% during the third quarter. Jupiter Asset Management Ltd. now owns 193,900 shares of the bank’s stock worth $18,686,000 after buying an additional 61,400 shares in the last quarter. IFC Holdings Incorporated FL purchased a new position in shares of HDFC Bank during the 3rd quarter valued at $1,744,000. Jennison Associates LLC grew its holdings in shares of HDFC Bank by 7.2% during the 3rd quarter. Jennison Associates LLC now owns 1,055,339 shares of the bank’s stock valued at $101,703,000 after acquiring an additional 70,662 shares in the last quarter. Janus Henderson Group PLC lifted its stake in shares of HDFC Bank by 807.5% in the 2nd quarter. Janus Henderson Group PLC now owns 115,057 shares of the bank’s stock valued at $10,006,000 after purchasing an additional 102,379 shares during the last quarter. Finally, BB&T Corp acquired a new stake in shares of HDFC Bank in the 3rd quarter valued at $390,000. 17.45% of the stock is currently owned by hedge funds and other institutional investors.

Separately, Zacks Investment Research lowered shares of HDFC Bank from a “buy” rating to a “sell” rating in a research note on Wednesday, October 25th.

HDFC Bank Limited (NYSE HDB) traded down $0.50 during trading hours on Monday, hitting $100.76. 436,600 shares of the stock traded hands, compared to its average volume of 700,761. HDFC Bank Limited has a one year low of $70.23 and a one year high of $110.77. The company has a market cap of $86,067.38, a P/E ratio of 37.88, a price-to-earnings-growth ratio of 1.14 and a beta of 0.91.

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HDFC Bank Profile

HDFC Bank Limited (the Bank) is a holding company. The Bank offers a range of banking services covering commercial and investment banking on the wholesale side and transactional/branch banking on the retail side. It also offers financial services. The Bank’s segments include Treasury, Retail banking, Wholesale banking and Other banking business.

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

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