Harding Loevner LP increased its stake in Ctrip.com International Ltd. (NASDAQ:CTRP) by 3.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,854,569 shares of the company’s stock after buying an additional 221,245 shares during the period. Ctrip.com International comprises approximately 2.3% of Harding Loevner LP’s portfolio, making the stock its 13th largest position. Harding Loevner LP owned 1.47% of Ctrip.com International worth $319,218,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the company. Shelton Capital Management increased its stake in Ctrip.com International by 12.3% in the second quarter. Shelton Capital Management now owns 21,120 shares of the company’s stock valued at $870,000 after buying an additional 2,315 shares in the last quarter. Hillhouse Capital Management Ltd. increased its stake in Ctrip.com International by 9.2% in the first quarter. Hillhouse Capital Management Ltd. now owns 8,162,855 shares of the company’s stock valued at $361,288,000 after buying an additional 687,169 shares in the last quarter. Hillman Co. increased its stake in Ctrip.com International by 34.1% in the second quarter. Hillman Co. now owns 275,000 shares of the company’s stock valued at $11,330,000 after buying an additional 70,000 shares in the last quarter. Baillie Gifford & Co. increased its stake in Ctrip.com International by 3.2% in the second quarter. Baillie Gifford & Co. now owns 32,863,456 shares of the company’s stock valued at $1,353,974,000 after buying an additional 1,017,414 shares in the last quarter. Finally, Natixis increased its stake in Ctrip.com International by 6.5% in the first quarter. Natixis now owns 21,914 shares of the company’s stock valued at $970,000 after buying an additional 1,329 shares in the last quarter. 64.69% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for Ctrip.com International (NASDAQ:CTRP)

Shares of Ctrip.com International Ltd. (NASDAQ:CTRP) traded down 0.69% during midday trading on Friday, hitting $42.02. 2,409,811 shares of the company were exchanged. The company has a 50-day moving average price of $45.15 and a 200-day moving average price of $44.03. The stock has a market capitalization of $19.60 billion, a price-to-earnings ratio of 282.01 and a beta of 1.65. Ctrip.com International Ltd. has a 52-week low of $35.50 and a 52-week high of $56.22.

Several research firms have recently commented on CTRP. Bank of America Corp. set a $53.00 price objective on shares of Ctrip.com International and gave the company a “buy” rating in a report on Monday, August 29th. Credit Suisse Group AG began coverage on shares of Ctrip.com International in a report on Friday, September 2nd. They issued an “outperform” rating and a $58.00 price objective on the stock. Nomura reaffirmed a “buy” rating and issued a $57.00 price objective (up from $49.00) on shares of Ctrip.com International in a report on Wednesday, September 7th. TheStreet downgraded shares of Ctrip.com International from a “buy” rating to a “hold” rating in a report on Tuesday, September 13th. Finally, Oppenheimer Holdings Inc. reaffirmed an “outperform” rating and issued a $55.00 price objective on shares of Ctrip.com International in a report on Monday, September 5th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $55.81.

Ctrip.com International Company Profile

Ctrip.com International, Ltd. (Ctrip) is a travel service provider for accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China. The Company aggregates hotel and transportation information to enable business and leisure travelers to make bookings. It helps leisure travelers book tour packages and guided tours, and helps corporate clients manage their travel requirements.

5 Day Chart for NASDAQ:CTRP

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