C WorldWide Group Holding A S lowered its position in shares of HDFC Bank Limited (NYSE:HDB – Free Report) by 2.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,126,982 shares of the bank’s stock after selling 205,782 shares during the period. HDFC Bank comprises about 4.6% of C WorldWide Group Holding A S’s holdings, making the stock its 9th largest position. C WorldWide Group Holding A S’s holdings in HDFC Bank were worth $184,090,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in HDB. GQG Partners LLC increased its position in HDFC Bank by 1.5% in the 4th quarter. GQG Partners LLC now owns 52,962,709 shares of the bank’s stock valued at $1,935,258,000 after acquiring an additional 777,977 shares during the period. Royal Bank of Canada increased its holdings in shares of HDFC Bank by 6.3% in the first quarter. Royal Bank of Canada now owns 42,418,483 shares of the bank’s stock valued at $1,055,372,000 after purchasing an additional 2,520,716 shares during the period. Schroder Investment Management Group raised its stake in shares of HDFC Bank by 4.1% during the fourth quarter. Schroder Investment Management Group now owns 26,264,726 shares of the bank’s stock worth $959,713,000 after purchasing an additional 1,043,596 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of HDFC Bank by 6.8% during the fourth quarter. JPMorgan Chase & Co. now owns 20,504,634 shares of the bank’s stock worth $749,239,000 after purchasing an additional 1,299,851 shares during the period. Finally, Principal Financial Group Inc. grew its position in HDFC Bank by 16,808.5% in the 1st quarter. Principal Financial Group Inc. now owns 17,977,844 shares of the bank’s stock valued at $447,289,000 after buying an additional 17,871,520 shares during the last quarter. Hedge funds and other institutional investors own 17.61% of the company’s stock.
HDFC Bank Stock Performance
Shares of NYSE:HDB opened at $22.47 on Wednesday. The business’s 50-day simple moving average is $24.14 and its 200 day simple moving average is $25.49. The company has a market cap of $115.28 billion, a P/E ratio of 13.22, a PEG ratio of 1.29 and a beta of 0.63. HDFC Bank Limited has a one year low of $22.30 and a one year high of $37.45.
HDFC Bank News Summary
Here are the key news stories impacting HDFC Bank this week:
- Positive Sentiment: No material company-specific positive announcement was reported in the latest coverage. HDFC Bank’s prior quarterly results showed EPS above expectations, but that information predates the current legal news.
- Neutral Sentiment: Separate coverage continues to compare HDFC Bank with other international banks as a potential value investment. The stock trades at a relatively moderate valuation, but these opinion-based comparisons provide limited near-term support. BNPQY or HDB: Which Is the Better Value Stock Right Now?
- Negative Sentiment: Kaplan Fox, Hagens Berman, Pomerantz, Glancy Prongay Wolke & Rotter, Rosen, and other firms are soliciting investors for a securities class action against HDFC Bank and certain executives. The case covers investors who purchased HDB securities or ADSs between July 17, 2023, and May 26, 2026, and alleges violations of federal securities laws. The allegations have not been adjudicated, and the notices do not establish liability. Kaplan Fox HDFC Bank Class Action Notice
- Negative Sentiment: Investors have until approximately October 13, 2026 to seek appointment as lead plaintiff, according to most notices; one report cites October 12. The repeated law-firm announcements may increase uncertainty around potential financial damages, management oversight, and litigation costs, weighing on investor sentiment. HDFC Bank Securities Fraud Lawsuit Deadline Alert
Analyst Ratings Changes
HDB has been the subject of a number of recent analyst reports. Wall Street Zen downgraded shares of HDFC Bank from a “hold” rating to a “sell” rating in a research report on Saturday, July 18th. Weiss Ratings raised HDFC Bank from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, July 20th. HSBC lowered HDFC Bank from a “buy” rating to a “hold” rating in a report on Monday, August 31st. Zacks Research upgraded shares of HDFC Bank from a “strong sell” rating to a “hold” rating in a report on Friday, July 17th. Finally, The Goldman Sachs Group began coverage on shares of HDFC Bank in a report on Friday, August 21st. They issued a “buy” rating for the company. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.
View Our Latest Stock Analysis on HDB
HDFC Bank Company Profile
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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