Natural Investments LLC Cuts Holdings in HDFC Bank Limited $HDB

Natural Investments LLC trimmed its position in HDFC Bank Limited (NYSE:HDB) by 65.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. 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 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. GQG Partners LLC boosted its stake in HDFC Bank by 1.5% during the fourth quarter. GQG Partners LLC now owns 52,962,709 shares of the bank’s stock valued at $1,935,258,000 after buying an additional 777,977 shares during the last quarter. Royal Bank of Canada grew its holdings in HDFC Bank by 6.3% during the 1st quarter. Royal Bank of Canada now owns 42,418,483 shares of the bank’s stock valued at $1,055,372,000 after buying an additional 2,520,716 shares in the last quarter. Schroder Investment Management Group increased its stake in HDFC Bank by 4.1% in the 4th quarter. Schroder Investment Management Group now owns 26,264,726 shares of the bank’s stock worth $959,713,000 after acquiring an additional 1,043,596 shares during the last quarter. JPMorgan Chase & Co. increased its stake in HDFC Bank by 6.8% in the 4th quarter. JPMorgan Chase & Co. now owns 20,504,634 shares of the bank’s stock worth $749,239,000 after acquiring an additional 1,299,851 shares during the last quarter. Finally, Principal Financial Group Inc. raised its holdings in shares of HDFC Bank by 16,808.5% during the 1st quarter. Principal Financial Group Inc. now owns 17,977,844 shares of the bank’s stock worth $447,289,000 after acquiring an additional 17,871,520 shares in the last quarter. 17.61% of the stock is owned by institutional investors.

Key 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

HDFC Bank Stock Performance

HDB opened at $23.16 on Thursday. The stock’s 50 day moving average price is $24.35 and its 200-day moving average price is $25.76. HDFC Bank Limited has a one year low of $22.30 and a one year high of $37.45. The stock has a market cap of $118.86 billion, a price-to-earnings ratio of 13.63, a P/E/G ratio of 1.28 and a beta of 0.63.

HDFC Bank (NYSE:HDB) last issued its quarterly earnings results on Saturday, July 18th. The bank reported $0.40 earnings per share (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 firm had revenue of $9.01 billion during the quarter, compared to analyst estimates of $5 billion. As a group, analysts predict that HDFC Bank Limited will post 1.36 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on HDB. HSBC downgraded HDFC Bank from a “buy” rating to a “hold” rating in a research report on Monday. The Goldman Sachs Group began coverage on shares of HDFC Bank in a research note on Friday, August 21st. They issued a “buy” rating for the company. Zacks Research upgraded shares of HDFC Bank from a “strong sell” rating to a “hold” rating in a report on Friday, July 17th. Wall Street Zen cut HDFC Bank from a “hold” rating to a “sell” rating in a research note on Saturday, July 18th. 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 investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

HDFC Bank Profile

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).