Hendershot Investments Boosted Ross Stores (ROST) Stake; Hdfc Bank LTD (HDB) Holder Tahithromos Has Lowered Position by $16.80 Million

February 23, 2018 - By Peter Erickson

Tahithromos Llc decreased its stake in Hdfc Bank Ltd (HDB) by 50% based on its latest 2017Q3 regulatory filing with the SEC. Tahithromos Llc sold 175,000 shares as the company’s stock rose 20.33% with the market. The institutional investor held 175,000 shares of the commercial banks company at the end of 2017Q3, valued at $16.87M, down from 350,000 at the end of the previous reported quarter. Tahithromos Llc who had been investing in Hdfc Bank Ltd for a number of months, seems to be less bullish one the $74.93 billion market cap company. The stock increased 1.16% or $1.13 during the last trading session, reaching $98.83. About 396,253 shares traded. HDFC Bank Limited (NYSE:HDB) has risen 36.23% since February 23, 2017 and is uptrending. It has outperformed by 19.53% the S&P500.

Hendershot Investments Inc increased its stake in Ross Stores Inc (ROST) by 104.83% based on its latest 2017Q3 regulatory filing with the SEC. Hendershot Investments Inc bought 16,340 shares as the company’s stock declined 9.26% while stock markets rallied. The institutional investor held 31,927 shares of the consumer services company at the end of 2017Q3, valued at $2.06 million, up from 15,587 at the end of the previous reported quarter. Hendershot Investments Inc who had been investing in Ross Stores Inc for a number of months, seems to be bullish on the $29.78 billion market cap company. The stock decreased 0.71% or $0.56 during the last trading session, reaching $77.94. About 1.63 million shares traded. Ross Stores, Inc. (NASDAQ:ROST) has risen 12.03% since February 23, 2017 and is uptrending. It has underperformed by 4.67% the S&P500.

Tahithromos Llc, which manages about $82.70M US Long portfolio, upped its stake in Altisource Residential Corp (NYSE:RESI) by 127,457 shares to 725,335 shares, valued at $8.06M in 2017Q3, according to the filing.

Among 3 analysts covering HDFC Bank Limited (NYSE:HDB), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. HDFC Bank Limited had 5 analyst reports since August 27, 2015 according to SRatingsIntel. Zacks downgraded the stock to “Hold” rating in Thursday, August 27 report. Zacks downgraded the stock to “Sell” rating in Wednesday, September 2 report. As per Tuesday, March 21, the company rating was downgraded by Morgan Stanley. The stock of HDFC Bank Limited (NYSE:HDB) has “Buy” rating given on Wednesday, September 14 by Goldman Sachs. The rating was upgraded by Zacks on Monday, September 21 to “Hold”.

Investors sentiment increased to 1.04 in 2017 Q3. Its up 0.04, from 1 in 2017Q2. It is positive, as 58 investors sold ROST shares while 200 reduced holdings. 72 funds opened positions while 196 raised stakes. 339.45 million shares or 0.11% less from 339.81 million shares in 2017Q2 were reported. Brinker reported 22,821 shares. Jennison Associate Limited Liability Company reported 1.22M shares. Boston Prns, a Massachusetts-based fund reported 54,430 shares. Guggenheim Cap Lc has 826,453 shares for 0.13% of their portfolio. Highstreet Asset Management holds 0.13% in Ross Stores, Inc. (NASDAQ:ROST) or 20,380 shares. Bluespruce Invs Limited Partnership has invested 6.63% of its portfolio in Ross Stores, Inc. (NASDAQ:ROST). Dynamic Cap Mgmt Ltd has invested 1.41% in Ross Stores, Inc. (NASDAQ:ROST). Roundview Capital Limited Com has 18,340 shares. Destination Wealth Mgmt owns 0.47% invested in Ross Stores, Inc. (NASDAQ:ROST) for 114,089 shares. Arizona State Retirement reported 0.1% stake. Whittier Trust has 854 shares. Coho Prns Ltd holds 2.17% of its portfolio in Ross Stores, Inc. (NASDAQ:ROST) for 1.31M shares. Huntington Bancorporation accumulated 8,822 shares. Bb&T Limited Liability Company stated it has 0.07% of its portfolio in Ross Stores, Inc. (NASDAQ:ROST). State Of New Jersey Common Pension Fund D invested in 10,000 shares.

Since September 12, 2017, it had 0 insider purchases, and 2 sales for $1.35 million activity. $402,054 worth of stock was sold by Morrow Brian R. on Wednesday, October 4.

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