Sivia Capital Partners LLC Has $603,000 Stake in HDFC Bank Limited (NYSE:HDB)

Sivia Capital Partners LLC lifted its holdings in shares of HDFC Bank Limited (NYSE:HDB) by 10.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,436 shares of the bank’s stock after acquiring an additional 923 shares during the quarter. Sivia Capital Partners LLC’s holdings in HDFC Bank were worth $603,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Pin Oak Investment Advisors Inc. grew its position in shares of HDFC Bank by 104.1% in the third quarter. Pin Oak Investment Advisors Inc. now owns 498 shares of the bank’s stock valued at $31,000 after purchasing an additional 254 shares during the last quarter. Northwest Investment Counselors LLC bought a new position in HDFC Bank during the 3rd quarter worth $38,000. JFS Wealth Advisors LLC lifted its holdings in shares of HDFC Bank by 70.2% during the third quarter. JFS Wealth Advisors LLC now owns 667 shares of the bank’s stock worth $42,000 after buying an additional 275 shares in the last quarter. RPg Family Wealth Advisory LLC bought a new stake in shares of HDFC Bank in the third quarter valued at about $65,000. Finally, GAMMA Investing LLC increased its position in HDFC Bank by 34.6% during the third quarter. GAMMA Investing LLC now owns 1,215 shares of the bank’s stock worth $76,000 after acquiring an additional 312 shares during the period. 17.61% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of HDFC Bank from a “hold” rating to a “sell” rating in a report on Wednesday, November 27th.

HDFC Bank Price Performance

HDFC Bank stock traded down $0.65 during mid-day trading on Monday, reaching $57.98. 1,595,305 shares of the company were exchanged, compared to its average volume of 2,943,724. The firm has a market cap of $146.82 billion, a PE ratio of 17.62, a PEG ratio of 1.78 and a beta of 0.92. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.53 and a quick ratio of 0.53. The company has a fifty day simple moving average of $64.54 and a 200-day simple moving average of $62.75. HDFC Bank Limited has a 12 month low of $52.16 and a 12 month high of $68.50.

HDFC Bank (NYSE:HDB) last posted its quarterly earnings data on Saturday, October 19th. The bank reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.09. The business had revenue of $9.21 billion during the quarter, compared to analysts’ expectations of $4.84 billion. HDFC Bank had a net margin of 14.48% and a return on equity of 12.49%. As a group, equities research analysts expect that HDFC Bank Limited will post 3.15 earnings per share for the current fiscal year.

HDFC Bank Company Profile

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.