Brinker Capital Inc. Has $1.61 Million Position in HDFC Bank Limited (HDB)

Brinker Capital Inc. lessened its holdings in HDFC Bank Limited (NYSE:HDB) by 1.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,570 shares of the bank’s stock after selling 305 shares during the quarter. Brinker Capital Inc.’s holdings in HDFC Bank were worth $1,614,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of HDB. Ruggie Capital Group purchased a new position in HDFC Bank in the 4th quarter worth $25,000. Lindbrook Capital LLC purchased a new position in HDFC Bank in the 4th quarter worth $26,000. Enlightenment Research LLC bought a new stake in HDFC Bank in the 4th quarter worth $31,000. Moody National Bank Trust Division bought a new stake in HDFC Bank in the 4th quarter worth $39,000. Finally, We Are One Seven LLC bought a new stake in HDFC Bank in the 4th quarter worth $50,000. Institutional investors own 19.10% of the company’s stock.

A number of equities research analysts have issued reports on HDB shares. TheStreet raised shares of HDFC Bank from a “c+” rating to a “b-” rating in a report on Monday, December 31st. Zacks Investment Research raised shares of HDFC Bank from a “hold” rating to a “buy” rating and set a $115.00 price target on the stock in a report on Friday, December 21st.

Shares of HDFC Bank stock opened at $112.50 on Wednesday. The firm has a market capitalization of $97.79 billion, a price-to-earnings ratio of 36.17, a PEG ratio of 1.38 and a beta of 0.58. HDFC Bank Limited has a 12-month low of $85.43 and a 12-month high of $113.89.

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HDFC Bank Profile

HDFC Bank Limited provides a range of banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in Treasury, Retail Banking, Wholesale Banking, and Other Banking Business segments. It accepts savings accounts, salary accounts, current accounts, fixed and recurring deposits, demat accounts, safe deposit lockers, and rural accounts, as well as offshore accounts and deposits.

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

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