<div id="readability-page-1"><p>Tower View Wealth Management LLC boosted its holdings in  HDFC Bank Limited (NYSE:HDB - Free Report) by 170.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities &amp; Exchange Commission. The fund owned 88,600 shares of the bank's stock after purchasing an additional 55,829 shares during the period. HDFC Bank makes up   1.6% of Tower View Wealth Management LLC's portfolio, making the stock its 27th largest position. Tower View Wealth Management LLC's holdings in HDFC Bank were worth $3,027,000 as of its most recent SEC filing.</p><p>Several other large investors have also recently modified their holdings of the stock. BNP Paribas Financial Markets lifted its position in  HDFC Bank by 81.0% in the first quarter. BNP Paribas Financial Markets now owns 568,407 shares of the bank's stock valued at $37,765,000 after purchasing an additional 254,395 shares during the last quarter.  Acadian Asset Management LLC bought a new position in shares of  HDFC Bank in the first quarter worth approximately $19,366,000.  Immersion Capital LLP purchased a new position in shares of  HDFC Bank in the first quarter worth $19,753,000.  Freemont Capital Pte Ltd bought a new stake in  HDFC Bank during the 2nd quarter valued at $1,073,000.  Finally, Eminence Capital LP boosted its position in  HDFC Bank by 18.9% during the 1st quarter. Eminence Capital LP now owns 1,186,551 shares of the bank's stock valued at $78,834,000 after buying an additional 189,015 shares during the period. Hedge funds and other institutional investors own  17.61% of the company's stock. </p><h2>Analyst Upgrades and Downgrades</h2><p>HDB has been the topic of a number of recent analyst reports. Weiss Ratings  reissued a &#34;hold (c-)&#34; rating on shares of HDFC Bank in a report on Monday. Wall Street Zen lowered shares of HDFC Bank from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a report on Friday, November 28th. Finally, Zacks Research upgraded HDFC Bank from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a report on Monday, September 29th. One analyst  has rated the stock with a Strong Buy rating, one  has given a Buy rating and two have assigned  a Hold rating to the company. Based on data from MarketBeat.com, HDFC Bank  has an average rating of &#34;Moderate Buy&#34;.</p><p><b>Check Out Our Latest Research Report on HDB</b></p><h2>HDFC Bank Price Performance</h2><p>Shares of NYSE HDB opened at $36.45 on Friday. HDFC Bank Limited has a 1 year low of $28.89 and a 1 year high of $39.81. The stock has a market capitalization of $185.92 billion, a P/E ratio of 22.16, a P/E/G ratio of 1.64 and a beta of 0.58. The company's 50-day moving average is $36.24 and its 200 day moving average is $36.56. </p><p>HDFC Bank (NYSE:HDB - Get Free Report) last posted its quarterly earnings data on Saturday, October 18th. The bank reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.08. HDFC Bank had a return on equity of 11.49% and a net margin of 14.94%.The business had revenue of $8.08 billion for the quarter, compared to analysts' expectations of $4.98 billion.  Research analysts anticipate that  HDFC Bank Limited will post 3.03 earnings per share for the current year. </p><h2>About HDFC Bank</h2> (Free Report)<p>HDFC Bank Limited is one of India's leading private sector banks, headquartered in Mumbai. Incorporated in 1994 and promoted by Housing Development Finance Corporation (HDFC), the bank provides a full range of banking and financial services to retail, small and medium-sized enterprises, and corporate customers. It is publicly listed and also accessible to international investors through American Depositary Receipts (ADRs) trading on the New York Stock Exchange under the symbol HDB.  </p><p>The bank's core activities include retail banking (deposit accounts, personal loans, home loans, auto loans, and credit cards), commercial and corporate banking (working capital finance, term lending, trade finance and treasury services), and transaction banking (cash management and payment solutions).</p><h2>Read More</h2><ul><li>Five stocks we like better than HDFC Bank</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Do you know what Amazon is planning for January 1?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhEQg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhEQg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in HDFC Bank Right Now?</h2><p>Before you consider HDFC Bank, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HDFC Bank wasn't on the list.</p><p>While HDFC Bank currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Tower View Wealth Management LLC increased its holdings in HDFC Bank by 170.4% in Q3, owning 88,600 shares worth $3,027,000. Other investors like BNP Paribas and Acadian Asset Management also modified their positions. Analysts have mixed ratings on HDFC Bank, with an average rating of "Moderate Buy." The bank's stock opened at $36.45, with a market cap of $185.92 billion. HDFC Bank reported $0.44 EPS for the quarter, beating estimates.</p>

Tower View Wealth Management LLC Raises Position in HDFC Bank Limited $HDB