<div id="readability-page-1"><p>S Bank Fund Management Ltd grew its holdings in  HDFC Bank Limited (NYSE:HDB - Free Report) by 100.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor  owned 107,850 shares of the bank's stock after buying an additional 53,925 shares during the quarter. S Bank Fund Management Ltd's holdings in HDFC Bank were worth $3,684,000 at the end of the most recent reporting period.</p><p>Other institutional investors have also made changes to their positions in the company. Robeco Institutional Asset Management B.V. boosted its position in  HDFC Bank by 150.1% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 11,601,628 shares of the bank's stock valued at $396,312,000 after buying an additional 6,963,646 shares during the last quarter.  PineStone Asset Management Inc. boosted its holdings in  HDFC Bank by 100.4% in the third quarter. PineStone Asset Management Inc. now owns 8,163,734 shares of the bank's stock valued at $278,873,000 after acquiring an additional 4,089,267 shares during the last quarter.  Northcape Capital Pty Ltd increased its position in  HDFC Bank by 86.9% in the third quarter. Northcape Capital Pty Ltd now owns 5,263,443 shares of the bank's stock worth $179,799,000 after purchasing an additional 2,447,948 shares during the period.  Hardman Johnston Global Advisors LLC raised its holdings in  HDFC Bank by 120.0% during the 3rd quarter. Hardman Johnston Global Advisors LLC now owns 4,269,682 shares of the bank's stock worth $145,852,000 after purchasing an additional 2,329,058 shares during the last quarter.  Finally, CCLA Investment Management lifted its position in  HDFC Bank by 104.2% during the 3rd quarter. CCLA Investment Management now owns 4,352,450 shares of the bank's stock valued at $148,952,000 after purchasing an additional 2,221,419 shares during the period. 17.61% of the stock is owned by institutional investors. </p><h2>HDFC Bank Trading Up 1.3%</h2><p>Shares of HDFC Bank stock opened at $33.52 on Tuesday. The stock's fifty day simple moving average is $35.82 and its 200 day simple moving average is $36.33. The company has a market capitalization of $170.98 billion, a PE ratio of 20.37, a PEG ratio of 1.33 and a beta of 0.57. HDFC Bank Limited has a 12 month low of $28.89 and a 12 month high of $39.81. </p><p>HDFC Bank (NYSE:HDB - Get Free Report) last announced its quarterly earnings results on Saturday, October 18th. The bank reported $0.44 earnings per share (EPS) for the quarter, topping 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 company had revenue of $8.08 billion during the quarter, compared to the consensus estimate of $4.98 billion.  Analysts predict that  HDFC Bank Limited will post 3.03 EPS for the current fiscal year. </p><h2>Analyst Ratings Changes</h2><p>HDB has been the subject of several analyst reports. Wall Street Zen cut shares of HDFC Bank from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a research report on Saturday, January 3rd. Zacks Research raised shares of HDFC Bank from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a report on Monday, September 29th. Finally, Weiss Ratings  reissued a &#34;hold (c-)&#34; rating on shares of HDFC Bank in a research note on Monday, December 29th. One equities research analyst  has rated the stock with a Strong Buy rating, one  has given a Buy rating and two have issued  a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of &#34;Moderate Buy&#34;.</p><p><b>Read Our Latest Stock Analysis on HDFC Bank</b></p><h2>HDFC Bank Profile</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>Featured Articles</h2><ul><li>Five stocks we like better than HDFC Bank</li><li>Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!</li><li>How a Family Trust May Be Able To Help Preserve Your Wealth</li><li>A U.S. “birthright” claim worth trillions - activated quietly</li><li>Ticker Revealed: Pre-IPO Access to &#34;Next Elon Musk&#34; Company</li><li>This stock gets a 94 out of 100</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>S Bank Fund Management Ltd increased its stake in HDFC Bank Limited by 100% in Q3, acquiring 53,925 shares, bringing its total to 107,850 shares valued at $3.68 million. Other institutional investors also boosted their holdings significantly. HDFC Bank's stock opened at $33.52, with a market cap of $170.98 billion and a PE ratio of 20.37. The bank reported Q3 earnings of $0.44 per share, exceeding estimates. Analyst ratings vary, with an average rating of "Moderate Buy."</p>

S Bank Fund Management Ltd Acquires 53,925 Shares of HDFC Bank Limited $HDB