C WorldWide Group Holding A S Sells 7,872 Shares of HDFC Bank Limited (HDB)

C WorldWide Group Holding A S lowered its stake in HDFC Bank Limited (NYSE:HDB) by 0.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,483,440 shares of the bank’s stock after selling 7,872 shares during the quarter. HDFC Bank comprises 2.2% of C WorldWide Group Holding A S’s portfolio, making the stock its 14th biggest holding. C WorldWide Group Holding A S’s holdings in HDFC Bank were worth $150,821,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of HDB. Creative Planning bought a new position in shares of HDFC Bank in the fourth quarter worth about $203,000. CIBC World Markets Inc. bought a new position in shares of HDFC Bank in the fourth quarter worth about $212,000. Advisor Partners LLC bought a new position in shares of HDFC Bank in the fourth quarter worth about $216,000. Dimensional Fund Advisors LP bought a new position in shares of HDFC Bank in the second quarter worth about $217,000. Finally, Park Avenue Securities LLC bought a new position in shares of HDFC Bank in the third quarter worth about $224,000. 17.41% of the stock is currently owned by hedge funds and other institutional investors.

HDFC Bank Limited (NYSE:HDB) opened at $99.26 on Friday. HDFC Bank Limited has a 12 month low of $68.89 and a 12 month high of $110.77. The company has a market capitalization of $86,272.38, a PE ratio of 37.32, a PEG ratio of 1.14 and a beta of 0.91.

Separately, Zacks Investment Research downgraded HDFC Bank from a “hold” rating to a “sell” rating in a research note on Wednesday, November 1st.

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About HDFC Bank

HDFC Bank Limited (the Bank) is a holding company. The Bank offers a range of banking services covering commercial and investment banking on the wholesale side and transactional/branch banking on the retail side. It also offers financial services. The Bank’s segments include Treasury, Retail banking, Wholesale banking and Other banking business.

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

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