DekaBank Deutsche Girozentrale Has $2.76 Million Position in HDFC Bank (HDB)

DekaBank Deutsche Girozentrale increased its position in shares of HDFC Bank (NYSE:HDB) by 3.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 28,408 shares of the bank’s stock after acquiring an additional 882 shares during the period. DekaBank Deutsche Girozentrale’s holdings in HDFC Bank were worth $2,757,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. C WorldWide Group Holding A S increased its holdings in HDFC Bank by 2.2% during the 1st quarter. C WorldWide Group Holding A S now owns 1,516,451 shares of the bank’s stock worth $149,780,000 after acquiring an additional 33,011 shares during the period. Atria Investments LLC increased its holdings in HDFC Bank by 42.4% during the 1st quarter. Atria Investments LLC now owns 4,499 shares of the bank’s stock worth $444,000 after acquiring an additional 1,339 shares during the period. Intermede Investment Partners Ltd bought a new stake in HDFC Bank during the 1st quarter worth approximately $6,435,000. Comerica Bank increased its holdings in HDFC Bank by 14.3% during the 1st quarter. Comerica Bank now owns 119,927 shares of the bank’s stock worth $11,788,000 after acquiring an additional 15,014 shares during the period. Finally, Public Employees Retirement Association of Colorado increased its holdings in HDFC Bank by 7.2% during the 1st quarter. Public Employees Retirement Association of Colorado now owns 408,000 shares of the bank’s stock worth $40,298,000 after acquiring an additional 27,500 shares during the period. 17.22% of the stock is currently owned by institutional investors and hedge funds.

Separately, Zacks Investment Research lowered shares of HDFC Bank from a “buy” rating to a “hold” rating in a report on Wednesday, January 17th.

Shares of HDFC Bank opened at $99.95 on Tuesday, MarketBeat reports. The firm has a market capitalization of $85.73 billion, a PE ratio of 39.66, a P/E/G ratio of 0.93 and a beta of 0.99. HDFC Bank has a one year low of $99.33 and a one year high of $100.68.

HDFC Bank Company Profile

HDFC Bank Limited provides a range of banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in Treasury, Retail Banking, Wholesale Banking, and Other Banking Business segments. It accepts savings accounts, salary accounts, current accounts, fixed and recurring deposits, demat accounts, safe deposit lockers, and rural accounts, as well as offshore accounts and deposits.

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

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