Hantz Financial Services Inc. Sells 5,522 Shares of HDFC Bank Limited (NYSE:HDB)

Hantz Financial Services Inc. lessened its position in shares of HDFC Bank Limited (NYSE:HDB - Free Report) by 8.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 63,754 shares of the bank's stock after selling 5,522 shares during the quarter. Hantz Financial Services Inc.'s holdings in HDFC Bank were worth $4,071,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Glenmede Trust Co. NA boosted its stake in shares of HDFC Bank by 3.6% in the 3rd quarter. Glenmede Trust Co. NA now owns 4,807 shares of the bank's stock valued at $301,000 after purchasing an additional 167 shares during the last quarter. Commerce Bank boosted its stake in HDFC Bank by 7.0% in the third quarter. Commerce Bank now owns 3,427 shares of the bank's stock valued at $214,000 after acquiring an additional 225 shares during the last quarter. Pin Oak Investment Advisors Inc. grew its holdings in HDFC Bank by 104.1% during the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 498 shares of the bank's stock worth $31,000 after acquiring an additional 254 shares during the period. Mount Yale Investment Advisors LLC raised its position in shares of HDFC Bank by 4.2% during the 3rd quarter. Mount Yale Investment Advisors LLC now owns 6,371 shares of the bank's stock valued at $399,000 after acquiring an additional 257 shares during the last quarter. Finally, JFS Wealth Advisors LLC lifted its stake in shares of HDFC Bank by 70.2% in the 3rd quarter. JFS Wealth Advisors LLC now owns 667 shares of the bank's stock valued at $42,000 after purchasing an additional 275 shares during the period. Institutional investors own 17.61% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on HDB shares. Nomura upgraded HDFC Bank from a "neutral" rating to a "buy" rating in a report on Thursday, January 23rd. StockNews.com downgraded shares of HDFC Bank from a "hold" rating to a "sell" rating in a research report on Wednesday, November 27th. Finally, Nomura Securities raised shares of HDFC Bank from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 23rd.

HDFC Bank Trading Up 1.3 %

HDB stock traded up $0.75 during midday trading on Thursday, hitting $60.32. 450,865 shares of the company's stock were exchanged, compared to its average volume of 2,908,255. HDFC Bank Limited has a one year low of $52.16 and a one year high of $68.50. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.53 and a current ratio of 0.53. The company has a market cap of $152.75 billion, a PE ratio of 18.33, a price-to-earnings-growth ratio of 1.73 and a beta of 0.92. The stock's fifty day moving average price is $63.49 and its 200-day moving average price is $62.36.

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

HDFC Bank Company 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.