Teachers Retirement System of The State of Kentucky increased its holdings in shares of Ctrip.com International, Ltd. (NASDAQ:CTRP) by 46.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 225,000 shares of the company’s stock after buying an additional 71,000 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Ctrip.com International were worth $12,119,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in CTRP. UBS Asset Management Americas Inc. increased its stake in Ctrip.com International by 10.1% during the 1st quarter. UBS Asset Management Americas Inc. now owns 771,564 shares of the company’s stock worth $37,922,000 after buying an additional 70,700 shares during the period. Envestnet Asset Management Inc. increased its stake in Ctrip.com International by 11.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 36,239 shares of the company’s stock worth $1,782,000 after buying an additional 3,711 shares during the period. KBC Group NV increased its stake in Ctrip.com International by 408.3% during the 1st quarter. KBC Group NV now owns 45,621 shares of the company’s stock worth $2,242,000 after buying an additional 36,645 shares during the period. American International Group Inc. increased its stake in Ctrip.com International by 0.3% during the 1st quarter. American International Group Inc. now owns 23,512 shares of the company’s stock worth $1,156,000 after buying an additional 63 shares during the period. Finally, Neuberger Berman Group LLC increased its stake in Ctrip.com International by 42.1% during the 1st quarter. Neuberger Berman Group LLC now owns 121,325 shares of the company’s stock worth $5,963,000 after buying an additional 35,915 shares during the period. 67.60% of the stock is currently owned by hedge funds and other institutional investors.

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Shares of Ctrip.com International, Ltd. (NASDAQ CTRP) traded up 0.19% during midday trading on Tuesday, hitting $52.61. 299,482 shares of the company’s stock were exchanged. Ctrip.com International, Ltd. has a 1-year low of $39.71 and a 1-year high of $60.65.

Ctrip.com International (NASDAQ:CTRP) last posted its quarterly earnings data on Wednesday, August 30th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.11). The firm had revenue of $946.38 million for the quarter, compared to analysts’ expectations of $929.55 million. Ctrip.com International had a net margin of 4.56% and a return on equity of 1.41%. The company’s revenue for the quarter was up 42.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.02 EPS. On average, equities analysts anticipate that Ctrip.com International, Ltd. will post $0.87 EPS for the current year.

Several brokerages recently weighed in on CTRP. BidaskClub downgraded shares of Ctrip.com International from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, June 14th. Oppenheimer Holdings, Inc. reaffirmed an “outperform” rating and set a $62.00 target price (down from $65.00) on shares of Ctrip.com International in a research note on Friday, August 25th. ValuEngine raised shares of Ctrip.com International from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Cowen and Company reissued a “buy” rating and issued a $60.00 price objective on shares of Ctrip.com International in a research report on Wednesday, July 19th. Finally, KeyCorp reissued a “hold” rating on shares of Ctrip.com International in a research report on Friday, September 1st. Five research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $57.91.

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.

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

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