HDFC Bank stock is trading -9.21% below its average target price of $70.5 after marking a 5.2% during today's morning session. Analysts are giving the Large-Cap Commercial Banking company an average rating of buy and target prices ranging from $68.0 to $73.2 per share.
HDFC Bank's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 0.6%. The stock's short ratio is 5.42. At 0.0%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation.
Another number to watch is the company's rate of institutional share ownership, which now stands at 13.8%. In conclusion, we believe there is mixed market sentiment regarding HDFC Bank.
Institutions Invested in HDFC Bank
Date Reported | Holder | Percentage | Shares | Value |
---|---|---|---|---|
2024-06-30 | Morgan Stanley | 1% | 16,840,989 | $1,077,991,741 |
2024-06-30 | FIL LTD | 1% | 13,976,122 | $894,611,599 |
2024-06-30 | JP Morgan Chase & Company | 1% | 13,047,293 | $835,157,252 |
2024-06-30 | Baillie Gifford and Company | 0% | 11,533,215 | $738,241,116 |
2024-06-30 | Harding Loevner LLC | 0% | 8,945,517 | $572,602,562 |
2024-06-30 | Sustainable Growth Advisors, LP | 0% | 8,543,287 | $546,855,819 |
2024-06-30 | Viking Global Investors, L.P. | 0% | 8,756,864 | $560,526,883 |
2024-06-30 | Temasek Holdings (Private) Limited | 0% | 8,234,777 | $527,108,093 |
2024-06-30 | Fiera Capital Corporation | 0% | 6,444,564 | $412,516,555 |
2024-06-30 | Franklin Resources, Inc. | 0% | 6,242,948 | $399,611,114 |