HDB

HDB Stock – Analyzing the Surge - Is the Moon the Limit?

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
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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