Neuberger Berman Group LLC increased its position in Ctrip.com International, Ltd. (NASDAQ:CTRP) by 14.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 139,434 shares of the company’s stock after buying an additional 18,109 shares during the quarter. Neuberger Berman Group LLC’s holdings in Ctrip.com International were worth $7,510,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Highstreet Asset Management Inc. bought a new stake in Ctrip.com International in the 2nd quarter worth approximately $121,000. Parallel Advisors LLC lifted its position in Ctrip.com International by 13.0% in the 2nd quarter. Parallel Advisors LLC now owns 2,057 shares of the company’s stock worth $123,000 after buying an additional 237 shares during the last quarter. Huntington National Bank lifted its position in Ctrip.com International by 40.5% in the 2nd quarter. Huntington National Bank now owns 2,325 shares of the company’s stock worth $125,000 after buying an additional 670 shares during the last quarter. IFP Advisors Inc lifted its position in Ctrip.com International by 6.7% in the 2nd quarter. IFP Advisors Inc now owns 2,516 shares of the company’s stock worth $136,000 after buying an additional 157 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. lifted its position in Ctrip.com International by 1.8% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 2,646 shares of the company’s stock worth $143,000 after buying an additional 46 shares during the last quarter. Institutional investors own 67.62% of the company’s stock.

Several analysts have weighed in on the company. Zacks Investment Research downgraded Ctrip.com International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 8th. Cowen and Company reiterated a “buy” rating and issued a $60.00 price objective on shares of Ctrip.com International in a research report on Wednesday, July 19th. ValuEngine upgraded Ctrip.com International from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Instinet reiterated a “buy” rating and issued a $64.00 price objective on shares of Ctrip.com International in a research report on Monday, May 15th. Finally, Daiwa Capital Markets reiterated a “buy” rating and issued a $65.00 price objective (up previously from $55.00) on shares of Ctrip.com International in a research report on Sunday, May 14th. Six investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Ctrip.com International currently has a consensus rating of “Buy” and a consensus target price of $57.91.

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Ctrip.com International, Ltd. (NASDAQ:CTRP) opened at 51.54 on Monday. The company has a market cap of $26.78 billion, a P/E ratio of 736.29 and a beta of 1.69. The company’s 50 day moving average price is $54.48 and its 200-day moving average price is $52.68. Ctrip.com International, Ltd. has a one year low of $39.71 and a one year high of $60.65.

Ctrip.com International (NASDAQ:CTRP) last issued its quarterly earnings results on Wednesday, August 30th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.20 by $0.11. Ctrip.com International had a return on equity of 1.41% and a net margin of 4.56%. The business had revenue of $946.38 million for the quarter, compared to the consensus estimate of $929.55 million. During the same period in the prior year, the business posted $0.02 earnings per share. Ctrip.com International’s revenue was up 42.5% on a year-over-year basis. On average, analysts forecast that Ctrip.com International, Ltd. will post $0.88 EPS for the current fiscal year.

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.

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

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