NS Partners Ltd Raises Stock Holdings in HDFC Bank Limited $HDB

NS Partners Ltd boosted its holdings in shares of HDFC Bank Limited (NYSE:HDB) by 6.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. 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 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in HDB. Larson Financial Group LLC grew its holdings in HDFC Bank by 90.4% during the 3rd quarter. Larson Financial Group LLC now owns 849 shares of the bank’s stock worth $29,000 after acquiring an additional 403 shares in the last quarter. Axiom Investment Management LLC acquired a new stake in shares of HDFC Bank during the first quarter worth $32,000. Bell Investment Advisors Inc raised its stake in HDFC Bank by 260.9% during the first quarter. Bell Investment Advisors Inc now owns 1,386 shares of the bank’s stock worth $34,000 after acquiring an additional 1,002 shares during the period. Pin Oak Investment Advisors Inc. boosted its stake in 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 acquiring an additional 498 shares during the period. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in shares of HDFC Bank during the 3rd quarter worth approximately $43,000. Institutional investors own 17.61% of the company’s stock.

HDFC Bank Stock Performance

Shares of NYSE:HDB opened at $22.73 on Tuesday. The company has a market capitalization of $116.63 billion, a PE ratio of 13.37, a price-to-earnings-growth ratio of 1.09 and a beta of 0.65. The stock has a fifty day moving average of $24.44 and a 200-day moving average of $25.90. HDFC Bank Limited has a one year low of $22.30 and a one year high of $37.45.

HDFC Bank (NYSE:HDB) last announced its earnings results on Saturday, July 18th. The bank reported $0.40 EPS for the quarter, beating the consensus estimate of $0.38 by $0.02. The business had revenue of $9.01 billion during the quarter, compared to the consensus estimate of $5 billion. HDFC Bank had a return on equity of 11.84% and a net margin of 15.96%. As a group, research analysts forecast that HDFC Bank Limited will post 1.67 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on HDB. Wall Street Zen lowered HDFC Bank from a “hold” rating to a “sell” rating in a research report on Saturday, July 18th. Weiss Ratings upgraded shares of HDFC Bank from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, July 20th. HSBC lowered shares of HDFC Bank from a “buy” rating to a “hold” rating in a research note on Monday. The Goldman Sachs Group started coverage on HDFC Bank in a report on Friday, August 21st. They issued a “buy” rating for the company. Finally, Zacks Research raised HDFC Bank from a “strong sell” rating to a “hold” rating in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Key Stories Impacting HDFC Bank

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

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).