HDFC Bank Limited (NYSE:HDB) Shares Acquired by Northcape Capital Pty Ltd

Northcape Capital Pty Ltd increased its stake in shares of HDFC Bank Limited (NYSE:HDB) by 26.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,176,019 shares of the bank’s stock after buying an additional 448,340 shares during the quarter. HDFC Bank comprises approximately 17.3% of Northcape Capital Pty Ltd’s holdings, making the stock its 2nd largest position. Northcape Capital Pty Ltd’s holdings in HDFC Bank were worth $146,033,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Fithian LLC bought a new stake in HDFC Bank during the fourth quarter worth approximately $1,319,000. Skandinaviska Enskilda Banken AB publ acquired a new position in shares of HDFC Bank in the third quarter worth about $27,000. NBC Securities Inc. acquired a new stake in shares of HDFC Bank during the third quarter valued at approximately $29,000. Resurgent Financial Advisors LLC purchased a new position in HDFC Bank during the 4th quarter worth approximately $40,000. Finally, FinTrust Capital Advisors LLC grew its holdings in shares of HDFC Bank by 36.4% during the third quarter. FinTrust Capital Advisors LLC now owns 693 shares of the bank’s stock valued at $41,000 after buying an additional 185 shares in the last quarter. Institutional investors and hedge funds own 17.61% of the company’s stock.

HDFC Bank Stock Up 0.2 %

Shares of HDFC Bank stock traded up $0.13 on Thursday, hitting $55.78. 1,034,883 shares of the company traded hands, compared to its average volume of 3,709,291. The company has a 50-day moving average price of $54.98 and a 200 day moving average price of $59.05. HDFC Bank Limited has a 12-month low of $52.16 and a 12-month high of $71.39. The company has a market cap of $103.75 billion, a PE ratio of 17.17, a PEG ratio of 1.41 and a beta of 0.87. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 1.78.

HDFC Bank (NYSE:HDB) last issued its quarterly earnings results on Tuesday, January 16th. The bank reported $0.82 EPS for the quarter, topping the consensus estimate of $0.71 by $0.11. The company had revenue of $8.62 billion for the quarter, compared to the consensus estimate of $5.67 billion. HDFC Bank had a return on equity of 15.98% and a net margin of 17.34%. Sell-side analysts predict that HDFC Bank Limited will post 2.72 earnings per share for the current 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.