Nepsis Capital Management Inc. decreased its stake in Ctrip.com International Ltd. (NASDAQ:CTRP) by 2.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 124,426 shares of the company’s stock after selling 3,774 shares during the period. Ctrip.com International comprises 3.2% of Nepsis Capital Management Inc.’s holdings, making the stock its 16th largest position. Nepsis Capital Management Inc.’s holdings in Ctrip.com International were worth $5,795,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Coronation Fund Managers Ltd. purchased a new position in Ctrip.com International during the second quarter valued at about $134,147,000. BlackRock Institutional Trust Company N.A. increased its position in Ctrip.com International by 146.7% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 3,934,919 shares of the company’s stock valued at $162,119,000 after buying an additional 2,339,923 shares during the period. BlackRock Fund Advisors increased its position in Ctrip.com International by 135.7% in the second quarter. BlackRock Fund Advisors now owns 4,056,685 shares of the company’s stock valued at $167,135,000 after buying an additional 2,335,557 shares during the period. BlackRock Group LTD increased its position in Ctrip.com International by 104.0% in the second quarter. BlackRock Group LTD now owns 3,997,250 shares of the company’s stock valued at $164,686,000 after buying an additional 2,037,443 shares during the period. Finally, FMR LLC increased its position in Ctrip.com International by 33.7% in the second quarter. FMR LLC now owns 6,724,072 shares of the company’s stock valued at $277,033,000 after buying an additional 1,693,794 shares during the period. 68.30% of the stock is owned by institutional investors and hedge funds.

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

Shares of Ctrip.com International Ltd. (NASDAQ:CTRP) traded up 0.57% during trading on Monday, hitting $42.26. The company’s stock had a trading volume of 3,784,665 shares. Ctrip.com International Ltd. has a 1-year low of $35.50 and a 1-year high of $55.60. The firm’s 50 day moving average is $0.00 and its 200-day moving average is $0.00.

Several brokerages recently weighed in on CTRP. Vetr raised shares of Ctrip.com International from a “hold” rating to a “buy” rating and set a $52.50 target price for the company in a research note on Wednesday, August 31st. Bank of America Corp. set a $53.00 target price on shares of Ctrip.com International and gave the company a “buy” rating in a research note on Monday, August 29th. Morgan Stanley boosted their target price on shares of Ctrip.com International from $53.00 to $55.00 and gave the company an “overweight” rating in a research note on Thursday, August 25th. Zacks Investment Research downgraded shares of Ctrip.com International from a “hold” rating to a “sell” rating in a research note on Tuesday, November 15th. Finally, Credit Suisse Group AG began coverage on shares of Ctrip.com International in a research note on Friday, September 2nd. They issued an “outperform” rating and a $58.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Ctrip.com International has a consensus rating of “Buy” and an average target price 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

Receive News & Stock Ratings for Ctrip.com International Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ctrip.com International Ltd. and related stocks with our FREE daily email newsletter.