Temasek Holdings Private Ltd raised its position in shares of Ctrip.Com International Ltd (NASDAQ:CTRP) by 37.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,256,928 shares of the company’s stock after buying an additional 1,959,723 shares during the quarter. Ctrip.Com International comprises 2.2% of Temasek Holdings Private Ltd’s portfolio, making the stock its 6th largest position. Temasek Holdings Private Ltd owned approximately 1.41% of Ctrip.Com International worth $382,730,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in CTRP. Janus Henderson Group PLC acquired a new stake in Ctrip.Com International during the second quarter valued at approximately $318,276,000. Capital Research Global Investors raised its stake in Ctrip.Com International by 37.6% during the second quarter. Capital Research Global Investors now owns 12,717,070 shares of the company’s stock valued at $684,941,000 after buying an additional 3,478,011 shares in the last quarter. Hillhouse Capital Management Ltd. raised its stake in Ctrip.Com International by 140.6% during the second quarter. Hillhouse Capital Management Ltd. now owns 4,812,246 shares of the company’s stock valued at $259,188,000 after buying an additional 2,812,246 shares in the last quarter. Capital World Investors raised its position in shares of Ctrip.Com International by 20.5% during the 2nd quarter. Capital World Investors now owns 12,534,949 shares of the company’s stock worth $675,132,000 after purchasing an additional 2,129,879 shares during the period. Finally, Commonwealth Bank of Australia acquired a new stake in shares of Ctrip.Com International during the 2nd quarter worth approximately $101,967,000. Hedge funds and other institutional investors own 68.44% of the company’s stock.

Shares of Ctrip.Com International Ltd (CTRP) opened at $45.95 on Wednesday. Ctrip.Com International Ltd has a 1 year low of $39.71 and a 1 year high of $60.65. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.51 and a quick ratio of 1.51. The company has a market capitalization of $23,670.63, a P/E ratio of 76.87 and a beta of 1.73.

CTRP has been the topic of a number of research reports. Zacks Investment Research cut Ctrip.Com International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 8th. BidaskClub cut Ctrip.Com International from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 12th. Cowen reiterated a “buy” rating and set a $60.00 price target on shares of Ctrip.Com International in a research report on Tuesday, August 22nd. Oppenheimer reiterated an “outperform” rating and set a $62.00 price target (down from $65.00) on shares of Ctrip.Com International in a research report on Friday, August 25th. Finally, Benchmark dropped their price target on Ctrip.Com International from $61.00 to $58.00 and set a “buy” rating on the stock in a research report on Thursday, August 31st. Five investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $57.82.

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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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