NS Partners Ltd Purchases 61,100 Shares of HDFC Bank Limited $HDB

NS Partners Ltd grew its holdings in HDFC Bank Limited (NYSE:HDB) by 6.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,029,571 shares of the bank’s stock after purchasing an additional 61,100 shares during the quarter. NS Partners Ltd’s holdings in HDFC Bank were worth $26,594,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Larson Financial Group LLC increased its position in HDFC Bank by 90.4% in the 3rd quarter. Larson Financial Group LLC now owns 849 shares of the bank’s stock worth $29,000 after buying an additional 403 shares during the period. Axiom Investment Management LLC acquired a new position in HDFC Bank during the 1st quarter valued at $32,000. Bell Investment Advisors Inc increased its holdings in shares of HDFC Bank by 260.9% during the 1st quarter. Bell Investment Advisors Inc now owns 1,386 shares of the bank’s stock worth $34,000 after purchasing an additional 1,002 shares during the period. Pin Oak Investment Advisors Inc. lifted its stake in shares of HDFC Bank by 100.0% in the third quarter. Pin Oak Investment Advisors Inc. now owns 996 shares of the bank’s stock valued at $34,000 after buying an additional 498 shares during the period. Finally, Caitong International Asset Management Co. Ltd bought a new position in HDFC Bank during the third quarter valued at about $43,000. 17.61% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

HDB has been the subject of a number of recent research reports. Zacks Research upgraded HDFC Bank from a “strong sell” rating to a “hold” rating in a research note on Friday, July 17th. Wall Street Zen lowered HDFC Bank from a “hold” rating to a “sell” rating in a research note on Saturday, July 18th. HSBC cut HDFC Bank from a “buy” rating to a “hold” rating in a report on Monday. The Goldman Sachs Group assumed coverage on shares of HDFC Bank in a research note on Friday, August 21st. They set a “buy” rating on the stock. Finally, Weiss Ratings upgraded shares of HDFC Bank from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, July 20th. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

More HDFC Bank News

Here are the key news stories impacting HDFC Bank this week:

• Positive Sentiment: Shares initially rose after CEO Sashidhar Jagdishan said he would not seek reappointment. Analysts said the successor’s profile could create potential for a strategic reset and valuation re-rating. India’s largest private lender HDFC Bank sees shares rise after CEO announces surprise exit
• Neutral Sentiment: Brokerage commentary reviewed Jagdishan’s tenure, including the post-merger integration and margin performance, leaving investors focused on how the next CEO will manage growth, profitability and execution. Merger to margins: How brokerages assess Sashidhar Jagdishan’s tenure at HDFC Bank
• Negative Sentiment: HSBC downgraded HDFC Bank from “buy” to “hold,” likely limiting investor enthusiasm while the bank faces leadership uncertainty and weak recent share performance. HDFC Bank downgrade information
• Negative Sentiment: Reports that the CEO will step down following an internal review and regulatory fine raise governance and oversight concerns. The leadership transition could increase uncertainty around the bank’s controls and operating priorities. HDFC CEO to step down after bank’s internal review, fine
• Negative Sentiment: Several law firms are soliciting investors in a securities class action alleging that HDFC Bank misrepresented interest payments, including claims that approximately Rs 45 crore in deposit inducements was routed through its marketing budget. The lawsuit covers securities purchased from July 17, 2023, through May 26, 2026, with lead-plaintiff deadlines generally falling October 12–13, 2026. The allegations have not been adjudicated. HDB Investor Alert: HDFC Bank Limited Securities Class Action Notice

HDFC Bank Trading Down 1.5%

Shares of HDB stock opened at $22.73 on Tuesday. HDFC Bank Limited has a 1 year low of $22.30 and a 1 year high of $37.45. The firm’s 50 day moving average is $24.44 and its 200-day moving average is $25.90. The firm has a market capitalization of $116.63 billion, a price-to-earnings ratio of 13.37, a PEG ratio of 1.09 and a beta of 0.65.

HDFC Bank (NYSE:HDB) last posted its quarterly earnings data on Saturday, July 18th. The bank reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.02. The firm had revenue of $9.01 billion during the quarter, compared to analysts’ expectations of $5 billion. HDFC Bank had a net margin of 15.96% and a return on equity of 11.84%. On average, equities research analysts forecast that HDFC Bank Limited will post 1.67 earnings per share for the current fiscal year.

About HDFC Bank

HDFC Bank Limited is one of India’s leading private sector banks, headquartered in Mumbai. Incorporated in 1994 and promoted by Housing Development Finance Corporation (HDFC), the bank provides a full range of banking and financial services to retail, small and medium-sized enterprises, and corporate customers. It is publicly listed and also accessible to international investors through American Depositary Receipts (ADRs) trading on the New York Stock Exchange under the symbol HDB.

The bank’s core activities include retail banking (deposit accounts, personal loans, home loans, auto loans, and credit cards), commercial and corporate banking (working capital finance, term lending, trade finance and treasury services), and transaction banking (cash management and payment solutions).