Natixis Advisors LLC Has $118.54 Million Stock Holdings in HDFC Bank Limited (NYSE:HDB)

Natixis Advisors LLC lowered its holdings in shares of HDFC Bank Limited (NYSE:HDB - Free Report) by 7.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,856,293 shares of the bank's stock after selling 145,276 shares during the period. Natixis Advisors LLC owned about 0.07% of HDFC Bank worth $118,542,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Whipplewood Advisors LLC acquired a new stake in shares of HDFC Bank during the 4th quarter valued at about $29,000. Pin Oak Investment Advisors Inc. grew its stake in shares of HDFC Bank by 104.1% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 498 shares of the bank's stock valued at $31,000 after purchasing an additional 254 shares during the period. Sierra Ocean LLC acquired a new position in shares of HDFC Bank in the 4th quarter worth approximately $42,000. Kestra Investment Management LLC bought a new position in shares of HDFC Bank during the 4th quarter worth approximately $60,000. Finally, RPg Family Wealth Advisory LLC bought a new stake in HDFC Bank in the third quarter valued at $65,000. Institutional investors own 17.61% of the company's stock.

HDFC Bank Trading Up 1.3 %

HDFC Bank stock traded up $0.80 during trading hours on Wednesday, reaching $63.20. 3,512,013 shares of the company's stock traded hands, compared to its average volume of 2,505,428. The firm has a market capitalization of $160.03 billion, a price-to-earnings ratio of 19.21, a PEG ratio of 2.12 and a beta of 0.92. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.09 and a current ratio of 0.09. HDFC Bank Limited has a fifty-two week low of $54.07 and a fifty-two week high of $68.50. The firm's 50 day moving average is $60.01 and its 200-day moving average is $62.44.

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HDFC Bank (NYSE:HDB - Get Free Report) last announced its quarterly earnings data on Wednesday, January 22nd. The bank reported $0.82 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.74 by $0.08. HDFC Bank had a net margin of 14.64% and a return on equity of 12.19%. On average, analysts predict that HDFC Bank Limited will post 3.03 earnings per share for the current year.

Analyst Ratings Changes

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

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.