Natural Investments LLC Sells 36,533 Shares of HDFC Bank Limited $HDB

Natural Investments LLC lessened its holdings in shares of HDFC Bank Limited (NYSE:HDB) by 65.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,510 shares of the bank’s stock after selling 36,533 shares during the quarter. Natural Investments LLC’s holdings in HDFC Bank were worth $503,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Principal Financial Group Inc. raised its holdings in HDFC Bank by 16,808.5% in the 1st quarter. Principal Financial Group Inc. now owns 17,977,844 shares of the bank’s stock worth $447,289,000 after purchasing an additional 17,871,520 shares during the period. Royal Bank of Canada grew its holdings in HDFC Bank by 31.0% during the fourth quarter. Royal Bank of Canada now owns 39,897,767 shares of the bank’s stock valued at $1,457,865,000 after purchasing an additional 9,451,992 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in HDFC Bank by 9,866.5% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 7,944,403 shares of the bank’s stock valued at $271,381,000 after purchasing an additional 7,864,692 shares during the period. Wellington Management Group LLP increased its position in HDFC Bank by 94.3% in the third quarter. Wellington Management Group LLP now owns 13,155,196 shares of the bank’s stock worth $449,381,000 after buying an additional 6,386,002 shares in the last quarter. Finally, Invesco Ltd. increased its position in HDFC Bank by 98.3% in the third quarter. Invesco Ltd. now owns 12,338,006 shares of the bank’s stock worth $421,466,000 after buying an additional 6,115,797 shares in the last quarter. Institutional investors own 17.61% of the company’s stock.

HDFC Bank Trading Up 0.9%

NYSE:HDB opened at $23.16 on Thursday. The stock has a 50-day moving average price of $24.35 and a 200 day moving average price of $25.76. The stock has a market capitalization of $118.86 billion, a P/E ratio of 13.63, a P/E/G ratio of 1.28 and a beta of 0.63. HDFC Bank Limited has a 12-month low of $22.30 and a 12-month high of $37.45.

HDFC Bank (NYSE:HDB) last posted its quarterly earnings results on Saturday, July 18th. The bank reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.02. HDFC Bank had a return on equity of 11.84% and a net margin of 15.96%.The company had revenue of $9.01 billion for the quarter, compared to analysts’ expectations of $5 billion. On average, research analysts predict that HDFC Bank Limited will post 1.36 earnings per share for the current fiscal year.

More HDFC Bank News

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

• Negative Sentiment: Several law firms, including Rosen, Hagens Berman, Faruqi & Faruqi, Bronstein, Kaplan Fox, and others, urged investors to participate in or seek leadership roles in a securities class action covering purchases from July 17, 2023, through May 26, 2026. The lead-plaintiff deadline is generally October 13, 2026, although some notices cite October 12 or October 17. The allegations are not proven. Rosen class action notice
• Negative Sentiment: The central allegations reportedly involve HDFC Bank’s disclosures about internal control over financial reporting and approximately Rs 45 crore (about $4.7 million) in alleged deposit inducements routed through the marketing budget in possible violation of Reserve Bank of India norms. Plaintiffs claim investors were harmed after an approximately 4% share-price decline. Levi & Korsinsky shareholder alert
• Negative Sentiment: HSBC lowered its rating on HDFC Bank, adding analyst caution to the litigation-related concerns. The supplied report does not specify the revised rating or price target. HSBC rating report
• Neutral Sentiment: Recent coverage also focuses on CEO Sashidhar Jagdishan’s departure and succession, with investors assessing the implications for post-merger strategy and financial performance. HDFC Bank CEO succession report
• Neutral Sentiment: HDFC Bank disclosed an unsolicited ESG rating to the NYSE. The announcement provides additional disclosure but, based on the information supplied, does not indicate a material change to earnings or operations. HDFC Bank ESG rating disclosure

Analyst Ratings Changes

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

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).