MarketBeat7/12/2026Neutral (-0.063)
HDFC Bank Limited $HDB Stock Holdings Trimmed by Sumitomo Mitsui Trust Group Inc.
Sumitomo Mitsui Trust Group Inc. reduced its stake in HDFC Bank by 16.2% in the first quarter, selling over 500,000 shares. Despite this, several other institutional investors, including GQG Partners and Royal Bank of Canada, increased their holdings in the bank. HDFC Bank also saw insider selling, while analysts maintain a "Sell" consensus rating, with Zacks downgrading it to "strong sell."
