US Bancorp DE lessened its stake in shares of HDFC Bank Limited by 4.9% during the first quarter, according to its most recent filing with the Securities &amp; Exchange Commission. The firm owned 149,878 shares of the bank's stock after selling 7,787 shares during the period. US Bancorp DE's holdings in HDFC Bank were worth $9,958,000 at the end of the most recent reporting period. A number of other institutional investors also recently modified their holdings of HDB. FIL Ltd increased its stake in HDFC Bank by 17.5% during the 4th quarter. FIL Ltd now owns 17,467,131 shares of the bank's stock valued at $1,115,451,000 after purchasing an additional 2,599,337 shares in the last quarter. Temasek Holdings Private Ltd increased its stake in HDFC Bank by 2.3% during the 4th quarter. Temasek Holdings Private Ltd now owns 8,557,788 shares of the bank's stock valued at $546,500,000 after purchasing an additional 190,566 shares in the last quarter. FMR LLC increased its stake in HDFC Bank by 13.3% during the 4th quarter. FMR LLC now owns 7,793,113 shares of the bank's stock valued at $497,668,000 after purchasing an additional 914,289 shares in the last quarter. Royal Bank of Canada increased its stake in HDFC Bank by 43.0% during the 4th quarter. Royal Bank of Canada now owns 7,307,074 shares of the bank's stock valued at $466,629,000 after purchasing an additional 2,196,315 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in HDFC Bank by 27.3% during the 4th quarter. Bank of America Corp DE now owns 6,373,404 shares of the bank's stock valued at $407,006,000 after purchasing an additional 1,368,365 shares in the last quarter. Institutional investors and hedge funds own 17.61% of the company's stock. HDFC Bank Stock Up 0.3% opened at $77.00 on Monday. The company has a market capitalization of $194.99 billion, a price-to-earnings ratio of 23.62, a PEG ratio of 1.92 and a beta of 0.64. The firm has a 50-day moving average price of $75.98 and a 200-day moving average price of $68.95. HDFC Bank Limited has a twelve month low of $57.24 and a twelve month high of $79.61. HDFC Bank ( - ) last released its quarterly earnings data on Saturday, July 19th. The bank reported $0.74 EPS for the quarter, missing analysts' consensus estimates of $0.75 by ($0.01). HDFC Bank had a net margin of 14.49% and a return on equity of 11.60%. The firm had revenue of $5.10 billion during the quarter, compared to the consensus estimate of $5.03 billion. On average, sell-side analysts expect that HDFC Bank Limited will post 3.03 earnings per share for the current fiscal year. Analysts Set New Price Targets Separately, upgraded shares of HDFC Bank from a \"sell\" rating to a \"hold\" rating in a report on Saturday, July 26th. HDFC Bank 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.

US Bancorp DE Has $9.96 Million Position in HDFC Bank Limited (NYSE:HDB)

US Bancorp DE reduced its stake in HDFC Bank by 4.9% in Q1, while other institutional investors like FIL Ltd, Temasek Holdings, and Royal Bank of Canada increased their holdings. HDFC Bank reported Q2 earnings missing analyst estimates, with a market cap of $194.99 billion and key financial metrics including a 14.49% net margin and 11.60% return on equity.