HDFC Bank Ltd. (NYSE:HDB)’s share price hit a new 52-week high during trading on Friday . The stock traded as high as $69.39 and last traded at $69.28, with a volume of 162,581 shares trading hands. The stock had previously closed at $69.05.

Separately, Zacks Investment Research raised shares of HDFC Bank from a “sell” rating to a “hold” rating in a research note on Monday, March 28th.

The company has a market capitalization of $351.06 billion and a price-to-earnings ratio of 184.65. The company’s 50-day moving average is $66.28 and its 200 day moving average is $61.24.

The business also recently disclosed a dividend, which was paid on Wednesday, June 29th. Shareholders of record on Wednesday, June 29th were given a $0.403 dividend. The ex-dividend date was Monday, June 27th.

Other institutional investors have bought and sold shares of the company. Sawtooth Asset Management Inc. increased its position in HDFC Bank by 3,496.0% in the fourth quarter. Sawtooth Asset Management Inc. now owns 33,119 shares of the company’s stock valued at $2,040,000 after buying an additional 32,198 shares during the last quarter. GAM Holding AG increased its position in HDFC Bank by 157.1% in the fourth quarter. GAM Holding AG now owns 57,600 shares of the company’s stock valued at $3,548,000 after buying an additional 35,200 shares during the last quarter. New Vernon Capital Holdings II LLC increased its position in HDFC Bank by 110.6% in the fourth quarter. New Vernon Capital Holdings II LLC now owns 66,636 shares of the company’s stock valued at $4,105,000 after buying an additional 35,000 shares during the last quarter. Comerica Bank increased its position in HDFC Bank by 14.4% in the fourth quarter. Comerica Bank now owns 83,740 shares of the company’s stock valued at $4,898,000 after buying an additional 10,556 shares during the last quarter. Finally, Jennison Associates LLC increased its position in HDFC Bank by 6,604.4% in the fourth quarter. Jennison Associates LLC now owns 220,574 shares of the company’s stock valued at $13,587,000 after buying an additional 217,284 shares during the last quarter.

HDFC Bank Limited (HDFC Bank) is a banking company. The Bank is engaged in providing a range of banking and financial services including commercial banking and treasury operations. It operates in four segments: Treasury, Retail Banking, Wholesale banking and other banking business. The treasury segment primarily consists of net interest earnings from the Bank’s investment portfolio, money market borrowing and lending, gains or losses on investment operations.

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