HDFC Bank Limited (NYSE:HDB) was the recipient of unusually large options trading on Monday. Investors bought 1,466 call options on the company. This represents an increase of approximately 752% compared to the average volume of 172 call options.
HDFC Bank (NYSE:HDB) opened at $100.62 on Friday. HDFC Bank has a 1 year low of $60.36 and a 1 year high of $102.77. The company has a market capitalization of $75,700.00, a P/E ratio of 81.80, a P/E/G ratio of 1.15 and a beta of 0.84.
A number of hedge funds have recently bought and sold shares of HDB. Harding Loevner LP increased its stake in HDFC Bank by 2,141.9% during the third quarter. Harding Loevner LP now owns 78,647,160 shares of the bank’s stock worth $248,755,000 after acquiring an additional 75,139,157 shares during the last quarter. BlackRock Inc. increased its stake in HDFC Bank by 105.1% during the second quarter. BlackRock Inc. now owns 2,103,171 shares of the bank’s stock worth $182,912,000 after acquiring an additional 1,077,828 shares during the last quarter. Aberdeen Asset Management PLC UK increased its stake in HDFC Bank by 170.0% during the second quarter. Aberdeen Asset Management PLC UK now owns 1,357,680 shares of the bank’s stock worth $118,078,000 after acquiring an additional 854,828 shares during the last quarter. FMR LLC increased its stake in HDFC Bank by 4.1% during the second quarter. FMR LLC now owns 14,824,081 shares of the bank’s stock worth $1,289,251,000 after acquiring an additional 589,126 shares during the last quarter. Finally, Baillie Gifford & Co. increased its stake in HDFC Bank by 64.6% during the third quarter. Baillie Gifford & Co. now owns 1,461,230 shares of the bank’s stock worth $140,818,000 after acquiring an additional 573,395 shares during the last quarter. 17.29% of the stock is owned by institutional investors.
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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.
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