Legal & General Group Plc raised its stake in shares of Ctrip.com International, Ltd. (NASDAQ:CTRP) by 2.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 743,142 shares of the company’s stock after buying an additional 20,299 shares during the period. Legal & General Group Plc’s holdings in Ctrip.com International were worth $40,025,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the stock. Huntington National Bank increased its stake in shares of Ctrip.com International by 40.5% in the second quarter. Huntington National Bank now owns 2,325 shares of the company’s stock valued at $125,000 after buying an additional 670 shares during the period. IFP Advisors Inc increased its stake in shares of Ctrip.com International by 6.7% in the second quarter. IFP Advisors Inc now owns 2,516 shares of the company’s stock valued at $136,000 after buying an additional 157 shares during the period. Benjamin F. Edwards & Company Inc. increased its stake in shares of Ctrip.com International by 1.8% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 2,646 shares of the company’s stock valued at $143,000 after buying an additional 46 shares during the period. IHT Wealth Management LLC increased its stake in shares of Ctrip.com International by 0.5% in the first quarter. IHT Wealth Management LLC now owns 3,202 shares of the company’s stock valued at $157,000 after buying an additional 15 shares during the period. Finally, Shine Investment Advisory Services Inc. acquired a new stake in shares of Ctrip.com International during the second quarter valued at about $166,000. 67.62% of the stock is currently owned by institutional investors.

Ctrip.com International, Ltd. (CTRP) opened at 52.16 on Wednesday. Ctrip.com International, Ltd. has a 52-week low of $39.71 and a 52-week high of $60.65.

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A number of research firms have issued reports on CTRP. Cowen and Company reaffirmed a “buy” rating and issued a $53.00 price objective (down previously from $60.00) on shares of Ctrip.com International in a research note on Monday. Instinet reaffirmed a “buy” rating and issued a $64.00 price objective on shares of Ctrip.com International in a research note on Monday, May 15th. BidaskClub downgraded Ctrip.com International from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, June 14th. Zacks Investment Research raised Ctrip.com International from a “sell” rating to a “hold” rating in a research note on Wednesday, May 10th. Finally, ValuEngine downgraded Ctrip.com International from a “hold” rating to a “sell” rating in a research note on Tuesday, May 16th. Five research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company. Ctrip.com International has an average rating of “Buy” and an average target price of $57.14.

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.

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

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