Acquired shares of HDFC Bank Limited (NYSE: HDB) by Flossbach Von Storch AG

In India, Bahrain, Hong Kong, and Dubai, HDFC Bank Limited provides financial and banking products and services to both people and corporations.

The three divisions of the company are treasury services, retail banking, and wholesale banking.

Flossbach Von Storch AG increased its stake in shares of HDFC Bank Limited (NYSE: HDB - Free Report) by 41.8% during the third quarter.

According to Hdfc in its latest filing with the Securities & Exchange Commission.

HDFC Bank (NYSE: HDB - Get Free Report) last announced its results on Monday, October 16th. The bank reported earnings per share of $0.80 for the quarter, beating the consensus estimate of $0.45 by $0.35.

Several other hedge funds have also recently changed their positions in HDB. Brown Shipley& Co Ltd increased its position in shares of HDFC Bank by 1,274.4% during the 2nd quarter.

The institutional investor held 819,470 shares of the bank after purchasing an additional 241,508 shares during the quarter.