Robeco Institutional Asset Management B.V. Increases Stock Holdings in HDFC Bank Limited (NYSE:HDB)

Robeco Institutional Asset Management B.V. boosted its position in HDFC Bank Limited (NYSE:HDB) by 172.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,380,979 shares of the bank’s stock after purchasing an additional 2,140,591 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.13% of HDFC Bank worth $215,909,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Pin Oak Investment Advisors Inc. lifted its position in shares of HDFC Bank by 104.1% during the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 498 shares of the bank’s stock valued at $31,000 after buying an additional 254 shares in the last quarter. Northwest Investment Counselors LLC purchased a new position in shares of HDFC Bank during the 3rd quarter valued at about $38,000. JFS Wealth Advisors LLC lifted its position in shares of HDFC Bank by 70.2% during the 3rd quarter. JFS Wealth Advisors LLC now owns 667 shares of the bank’s stock valued at $42,000 after buying an additional 275 shares in the last quarter. RPg Family Wealth Advisory LLC purchased a new position in shares of HDFC Bank during the 3rd quarter valued at about $65,000. Finally, GAMMA Investing LLC lifted its position in shares of HDFC Bank by 34.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,215 shares of the bank’s stock valued at $76,000 after buying an additional 312 shares in the last quarter. 17.61% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

HDFC Bank Stock Up 2.8 %

NYSE HDB opened at $60.37 on Wednesday. The stock has a market cap of $152.87 billion, a PE ratio of 18.35, a P/E/G ratio of 1.73 and a beta of 0.92. HDFC Bank Limited has a 12 month low of $52.16 and a 12 month high of $68.50. The stock’s 50 day moving average is $63.56 and its 200 day moving average is $62.38. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 1.34.

HDFC Bank (NYSE:HDB) last issued its quarterly earnings data on Wednesday, January 22nd. The bank reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.08. HDFC Bank had a return on equity of 11.78% and a net margin of 14.64%. Research analysts predict that HDFC Bank Limited will post 3.13 EPS for the current fiscal year.

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.