Fieldpoint Private Securities LLC bought a new stake in shares of HDFC Bank Limited (NYSE:HDB) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 3,426 shares of the bank’s stock, valued at approximately $330,000.

A number of other large investors have also added to or reduced their stakes in the business. Financial Counselors Inc. grew its stake in HDFC Bank by 0.8% during the 2nd quarter. Financial Counselors Inc. now owns 5,791 shares of the bank’s stock valued at $504,000 after acquiring an additional 46 shares in the last quarter. Trillium Asset Management LLC grew its stake in HDFC Bank by 0.3% during the 2nd quarter. Trillium Asset Management LLC now owns 36,636 shares of the bank’s stock valued at $3,186,000 after acquiring an additional 115 shares in the last quarter. Bahl & Gaynor Inc. grew its stake in HDFC Bank by 1.1% during the 2nd quarter. Bahl & Gaynor Inc. now owns 11,160 shares of the bank’s stock valued at $677,000 after acquiring an additional 124 shares in the last quarter. IFP Advisors Inc grew its stake in HDFC Bank by 7.0% during the 2nd quarter. IFP Advisors Inc now owns 2,072 shares of the bank’s stock valued at $180,000 after acquiring an additional 136 shares in the last quarter. Finally, Parallel Advisors LLC grew its stake in HDFC Bank by 14.8% during the 2nd quarter. Parallel Advisors LLC now owns 1,469 shares of the bank’s stock valued at $142,000 after acquiring an additional 189 shares in the last quarter. 17.53% of the stock is currently owned by institutional investors.

Separately, Zacks Investment Research cut HDFC Bank from a “hold” rating to a “sell” rating in a research note on Wednesday, November 1st. One analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. HDFC Bank has an average rating of “Buy” and a consensus price target of $110.00.

Shares of HDFC Bank Limited (NYSE HDB) opened at $96.14 on Thursday. The company has a market capitalization of $83,205.88, a P/E ratio of 36.62, a P/E/G ratio of 1.11 and a beta of 0.85. HDFC Bank Limited has a 12 month low of $59.00 and a 12 month high of $100.26. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.71.

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HDFC Bank Company Profile

HDFC Bank Limited (the Bank) is a holding company. The Bank offers a range of banking services covering commercial and investment banking on the wholesale side and transactional/branch banking on the retail side. It also offers financial services. The Bank’s segments include Treasury, Retail banking, Wholesale banking and Other banking business.

Institutional Ownership by Quarter for HDFC Bank (NYSE:HDB)

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