Hdfc Bank LTD (HDB) Shareholder Johnston Asset Management Corp Decreased Stake by $73.43 Million

HDFC Bank Limited (NYSE:HDB) Corporate Logo

Based on the latest 2018Q3 regulatory filing with the SEC, Johnston Asset Management Corp reduced its stake in Hdfc Bank Ltd (HDB) by 30.04%. The company’s stock sank 1.59% while Johnston Asset Management Corp sold 781,180 shares. The commercial banks company announced $171.16M value for the 2018Q3. Now the institutional investor is holding 1.82 million shares, compared to the 2.60 million from the previous quarter. Johnston Asset Management Corp has risen its stake in Melco Resort Entertainment L (NASDAQ:MPEL) and also increased its holding in Qiagen Nv by 418,921 shares in the quarter, for a total of 4.18 million shares.

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