Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Ctrip.com International, Ltd. (NASDAQ:CTRP) by 2.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 244,512 shares of the company’s stock after acquiring an additional 5,885 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Ctrip.com International were worth $13,169,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in CTRP. William Blair Investment Management LLC raised its stake in shares of Ctrip.com International by 297.9% in the first quarter. William Blair Investment Management LLC now owns 4,083,783 shares of the company’s stock valued at $200,718,000 after acquiring an additional 3,057,546 shares in the last quarter. Baillie Gifford & Co. raised its stake in Ctrip.com International by 4.1% in the first quarter. Baillie Gifford & Co. now owns 51,643,569 shares of the company’s stock valued at $2,538,282,000 after buying an additional 2,041,906 shares in the last quarter. Schroder Investment Management Group raised its stake in Ctrip.com International by 43.8% in the first quarter. Schroder Investment Management Group now owns 4,636,039 shares of the company’s stock valued at $230,365,000 after buying an additional 1,411,587 shares in the last quarter. Axiom International Investors LLC DE raised its stake in Ctrip.com International by 173.7% in the first quarter. Axiom International Investors LLC DE now owns 1,537,617 shares of the company’s stock valued at $75,574,000 after buying an additional 975,842 shares in the last quarter. Finally, Jericho Capital Asset Management L.P. acquired a new stake in Ctrip.com International in the first quarter valued at $47,086,000. Institutional investors and hedge funds own 67.62% of the company’s stock.

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A number of analysts have weighed in on the company. Cowen and Company restated a “buy” rating and issued a $53.00 price target (down from $60.00) on shares of Ctrip.com International in a research note on Monday, August 28th. Bank of America Corporation restated a “buy” rating and issued a $58.00 price target on shares of Ctrip.com International in a research note on Sunday. Instinet restated a “buy” rating and issued a $64.00 price target on shares of Ctrip.com International in a research note on Monday, May 15th. BidaskClub cut Ctrip.com International from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, June 14th. Finally, Zacks Investment Research upgraded Ctrip.com International from a “sell” rating to a “hold” rating in a research note on Wednesday, May 10th. Six analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. Ctrip.com International currently has an average rating of “Buy” and an average target price of $57.38.

Ctrip.com International, Ltd. (CTRP) opened at 50.63 on Monday. The company’s 50 day moving average price is $55.29 and its 200-day moving average price is $52.52. The stock has a market cap of $26.30 billion, a price-to-earnings ratio of 723.29 and a beta of 1.69. Ctrip.com International, Ltd. has a 12-month low of $39.71 and a 12-month high of $60.65.

Ctrip.com International (NASDAQ:CTRP) last released its quarterly earnings data on Wednesday, August 30th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.20 by $0.11. The business had revenue of $946.38 million for the quarter, compared to analyst estimates of $929.55 million. Ctrip.com International had a return on equity of 1.41% and a net margin of 4.56%. Ctrip.com International’s revenue was up 42.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.02 EPS. On average, analysts forecast that Ctrip.com International, Ltd. will post $0.90 EPS for the current year.

Ctrip.com International 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.

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

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