Aubrey Capital Management Ltd Acquires 3,632 Shares of HDFC Bank Limited (NYSE:HDB)

Aubrey Capital Management Ltd raised its holdings in HDFC Bank Limited (NYSE:HDB) by 29.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 15,910 shares of the bank’s stock after purchasing an additional 3,632 shares during the period. Aubrey Capital Management Ltd’s holdings in HDFC Bank were worth $1,016,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of HDB. Pin Oak Investment Advisors Inc. boosted its position in shares of HDFC Bank by 104.1% during the third quarter. Pin Oak Investment Advisors Inc. now owns 498 shares of the bank’s stock worth $31,000 after purchasing an additional 254 shares in the last quarter. Northwest Investment Counselors LLC bought a new position in shares of HDFC Bank during the third quarter worth $38,000. JFS Wealth Advisors LLC boosted its position in shares of HDFC Bank by 70.2% during the third quarter. JFS Wealth Advisors LLC now owns 667 shares of the bank’s stock worth $42,000 after purchasing an additional 275 shares in the last quarter. RPg Family Wealth Advisory LLC bought a new position in shares of HDFC Bank during the third quarter worth $65,000. Finally, GAMMA Investing LLC boosted its position in shares of HDFC Bank by 34.6% during the third quarter. GAMMA Investing LLC now owns 1,215 shares of the bank’s stock worth $76,000 after purchasing an additional 312 shares in the last quarter. 17.61% of the stock is owned by institutional investors.

HDFC Bank Trading Down 1.2 %

HDB opened at $61.22 on Monday. The stock has a market capitalization of $155.03 billion, a P/E ratio of 18.61, a P/E/G ratio of 1.70 and a beta of 0.91. HDFC Bank Limited has a 12 month low of $52.16 and a 12 month high of $68.50. The firm’s fifty day simple moving average is $62.76 and its 200 day simple moving average is $62.39. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 1.26.

HDFC Bank (NYSE:HDB) last issued its quarterly earnings results on Wednesday, January 22nd. The bank reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.08. HDFC Bank had a net margin of 14.64% and a return on equity of 12.19%. As a group, research analysts anticipate that HDFC Bank Limited will post 3.09 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on HDB shares. Nomura Securities raised shares of HDFC Bank from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 23rd. Nomura raised shares of HDFC Bank from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Finally, StockNews.com cut shares of HDFC Bank from a “hold” rating to a “sell” rating in a research report on Wednesday, November 27th.

HDFC Bank 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.