Capula Management Ltd Boosts Stake in HDFC Bank Limited (NYSE:HDB)

Capula Management Ltd grew its holdings in HDFC Bank Limited (NYSE:HDB - Free Report) by 48.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 380,946 shares of the bank's stock after purchasing an additional 123,846 shares during the quarter. HDFC Bank comprises about 0.1% of Capula Management Ltd's portfolio, making the stock its 12th biggest position. Capula Management Ltd's holdings in HDFC Bank were worth $24,327,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Whipplewood Advisors LLC bought a new stake in HDFC Bank in the fourth quarter valued at $29,000. Graney & King LLC bought a new stake in HDFC Bank in the 4th quarter valued at about $38,000. Brown Brothers Harriman & Co. raised its stake in HDFC Bank by 63.7% during the 4th quarter. Brown Brothers Harriman & Co. now owns 617 shares of the bank's stock worth $39,000 after buying an additional 240 shares during the period. Sierra Ocean LLC bought a new position in HDFC Bank in the fourth quarter worth approximately $42,000. Finally, Atlas Capital Advisors Inc. acquired a new stake in HDFC Bank in the fourth quarter valued at approximately $56,000. Institutional investors own 17.61% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Nomura Securities upgraded HDFC Bank from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 23rd. Nomura upgraded shares of HDFC Bank from a "neutral" rating to a "buy" rating in a report on Thursday, January 23rd.

HDFC Bank Stock Up 3.5 %

HDB stock traded up $2.31 during mid-day trading on Friday, reaching $67.34. 3,057,208 shares of the company traded hands, compared to its average volume of 2,746,582. The stock has a market cap of $170.52 billion, a price-to-earnings ratio of 20.47, a P/E/G ratio of 2.12 and a beta of 0.68. HDFC Bank Limited has a fifty-two week low of $54.99 and a fifty-two week high of $68.50. The firm's 50 day moving average price is $62.38 and its 200 day moving average price is $62.76. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 1.26.

HDFC Bank (NYSE:HDB - Get Free Report) last announced its 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 return on equity of 12.19% and a net margin of 14.64%. As a group, equities research analysts predict that HDFC Bank Limited will post 3.03 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.