Aubrey Capital Management Ltd Sells 4,000 Shares of HDFC Bank Limited (NYSE:HDB)

Aubrey Capital Management Ltd cut its stake in HDFC Bank Limited (NYSE:HDB) by 22.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,024 shares of the bank’s stock after selling 4,000 shares during the quarter. Aubrey Capital Management Ltd’s holdings in HDFC Bank were worth $941,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Skandinaviska Enskilda Banken AB publ purchased a new stake in shares of HDFC Bank in the third quarter worth approximately $27,000. NBC Securities Inc. purchased a new stake in HDFC Bank in the third quarter worth $29,000. GAMMA Investing LLC bought a new stake in shares of HDFC Bank during the fourth quarter worth $33,000. FinTrust Capital Advisors LLC boosted its stake in shares of HDFC Bank by 36.4% during the third quarter. FinTrust Capital Advisors LLC now owns 693 shares of the bank’s stock valued at $41,000 after purchasing an additional 185 shares during the period. Finally, Parkside Financial Bank & Trust grew its holdings in shares of HDFC Bank by 89.8% in the fourth quarter. Parkside Financial Bank & Trust now owns 615 shares of the bank’s stock worth $41,000 after purchasing an additional 291 shares during the last quarter. 17.61% of the stock is owned by hedge funds and other institutional investors.

HDFC Bank Stock Up 0.0 %

Shares of HDB stock traded up $0.01 during mid-day trading on Friday, hitting $58.34. The stock had a trading volume of 1,434,939 shares, compared to its average volume of 2,953,923. The firm has a market capitalization of $108.51 billion, a P/E ratio of 17.90, a price-to-earnings-growth ratio of 1.09 and a beta of 0.87. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.40 and a quick ratio of 0.52. HDFC Bank Limited has a 12-month low of $52.16 and a 12-month high of $71.39. The firm’s 50-day moving average is $56.19 and its two-hundred day moving average is $58.57.

Analyst Ratings Changes

Separately, StockNews.com cut shares of HDFC Bank from a “hold” rating to a “sell” rating in a research report on Monday, April 22nd.

About HDFC Bank

HDFC Bank Limited provides banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in three segments: Wholesale Banking, Retail Banking, and Treasury Services. It accepts savings, salary, current, rural, public provident fund, pension, and demat accounts; fixed and recurring deposits; and safe deposit lockers, as well as offshore accounts and deposits, and overdrafts against fixed deposits.