WINTON GROUP Ltd trimmed its holdings in shares of HDFC Bank Limited (NYSE:HDB – Free Report) by 39.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 50,700 shares of the bank’s stock after selling 33,400 shares during the quarter. WINTON GROUP Ltd’s holdings in HDFC Bank were worth $1,310,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Larson Financial Group LLC lifted its position in HDFC Bank by 90.4% in the third quarter. Larson Financial Group LLC now owns 849 shares of the bank’s stock valued at $29,000 after buying an additional 403 shares during the last quarter. Cary Street Partners Financial LLC acquired a new stake in shares of HDFC Bank during the second quarter valued at about $75,000. Pin Oak Investment Advisors Inc. raised its stake in shares of HDFC Bank by 100.0% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 996 shares of the bank’s stock valued at $34,000 after acquiring an additional 498 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in shares of HDFC Bank in the 3rd quarter valued at approximately $43,000. Finally, Axiom Investment Management LLC acquired a new position in shares of HDFC Bank in the 1st quarter worth approximately $32,000. 17.61% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several analysts recently weighed in on the stock. HSBC downgraded shares of HDFC Bank from a “buy” rating to a “hold” rating in a report on Monday, August 31st. Zacks Research upgraded HDFC Bank from a “strong sell” rating to a “hold” rating in a research note on Friday, July 17th. Wall Street Zen lowered HDFC Bank from a “hold” rating to a “sell” rating in a research report on Saturday, July 18th. The Goldman Sachs Group started coverage on HDFC Bank in a research note on Friday, August 21st. They issued a “buy” rating for the company. Finally, Weiss Ratings upgraded HDFC Bank from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, July 20th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, HDFC Bank presently has an average rating of “Hold”.
Trending Headlines about HDFC Bank
Here are the key news stories impacting HDFC Bank this week:
- Positive Sentiment: A Bahrain High Civil Court reportedly dismissed the final two investor claims tied to Credit Suisse AT1 bonds on September 9, bringing the total number of rejected Bahrain cases to seven. The outcome reduces a legal overhang and follows a favorable March ruling in India involving related complaints. HDFC Bank Rallies as Bahrain Court Relief Eases Legal Overhang
- Neutral Sentiment: The move may also reflect bargain hunting after recent weakness. HDFC Bank’s shares remain below their 50-day and 200-day moving averages and close to the reported 52-week low, suggesting valuation support but continued investor caution.
- Negative Sentiment: Multiple law firms are publicizing a securities-fraud class action against HDFC Bank and certain executives. The case covers investors who purchased securities between July 17, 2023, and May 26, 2026, with lead-plaintiff deadlines generally falling on October 12 or October 13, 2026. The allegations include claims that approximately 4.5 billion Indian rupees in deposit inducements were routed through marketing expenses to pay higher interest to a state-owned company. The allegations have not been proven, but the litigation could create financial, regulatory, and reputational exposure. HDFC Bank Securities Fraud Class Action Filed
- Negative Sentiment: Reported insider activity has been entirely selling over the past six months: two bank executives sold a combined 31,600 shares, with no reported purchases. While these transactions may be immaterial relative to HDFC Bank’s size, they provide a modestly cautious signal.
HDFC Bank Price Performance
Shares of HDB opened at $23.33 on Friday. HDFC Bank Limited has a 1-year low of $21.76 and a 1-year high of $37.45. The stock has a market cap of $119.72 billion, a PE ratio of 13.72, a price-to-earnings-growth ratio of 1.30 and a beta of 0.63. The firm has a fifty day moving average price of $23.94 and a 200 day moving average price of $25.32.
HDFC Bank (NYSE:HDB – Get Free Report) last issued its quarterly earnings data on Saturday, July 18th. The bank reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.02. HDFC Bank had a return on equity of 11.84% and a net margin of 15.96%.The company had revenue of $9.01 billion for the quarter, compared to analyst estimates of $5 billion. As a group, equities analysts expect that HDFC Bank Limited will post 1.36 EPS for the current fiscal year.
About HDFC Bank
HDFC Bank Limited is an India-based banking and financial services company headquartered in Mumbai. Established in 1994 and commencing operations in 1995, the bank serves individual consumers, small and midsize businesses, corporations, institutions and government-related organizations.
The bank provides a broad range of services, including savings and current accounts, fixed deposits, personal and home loans, vehicle and business financing, credit and debit cards, payments, remittances, wealth management and insurance distribution.
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