Ctrip.com International Ltd. (NASDAQ:CTRP) saw unusually-high trading volume on Tuesday . Approximately 7,903,513 shares were traded during trading, an increase of 106% from the previous session’s volume of 3,829,592 shares.The stock last traded at $45.16 and had previously closed at $43.89.

CTRP has been the topic of several research reports. Nomura restated a “buy” rating and set a $49.00 price objective on shares of Ctrip.com International in a report on Monday, April 25th. Deutsche Bank AG restated a “buy” rating and set a $60.00 price objective on shares of Ctrip.com International in a report on Friday, June 17th. Piper Jaffray Cos. restated an “overweight” rating and set a $50.00 price objective on shares of Ctrip.com International in a report on Friday, June 17th. Oppenheimer Holdings Inc. restated a “buy” rating on shares of Ctrip.com International in a report on Thursday, June 2nd. Finally, Brean Capital restated a “buy” rating on shares of Ctrip.com International in a report on Tuesday, May 31st. One analyst has rated the stock with a sell rating, three have assigned a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $54.57.

The stock’s 50-day moving average is $42.11 and its 200 day moving average is $42.62. The company has a market capitalization of $20.45 billion and a price-to-earnings ratio of 101.94.

Ctrip.com International (NASDAQ:CTRP) last posted its quarterly earnings data on Wednesday, June 15th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of ($3.62) by $3.71. Equities analysts expect that Ctrip.com International Ltd. will post ($0.62) earnings per share for the current year.

Other hedge funds recently bought and sold shares of the company. Jennison Associates LLC raised its stake in Ctrip.com International by 17,380.5% in the fourth quarter. Jennison Associates LLC now owns 828,053 shares of the company’s stock worth $38,364,000 after buying an additional 823,316 shares in the last quarter. BNP Paribas Arbitrage SA raised its stake in Ctrip.com International by 686.0% in the fourth quarter. BNP Paribas Arbitrage SA now owns 340,010 shares of the company’s stock worth $15,753,000 after buying an additional 296,752 shares in the last quarter. BlackRock Advisors LLC raised its stake in Ctrip.com International by 142.5% in the fourth quarter. BlackRock Advisors LLC now owns 304,389 shares of the company’s stock worth $14,102,000 after buying an additional 178,855 shares in the last quarter. Bank of Montreal Can raised its stake in Ctrip.com International by 288.6% in the fourth quarter. Bank of Montreal Can now owns 231,216 shares of the company’s stock worth $10,713,000 after buying an additional 171,710 shares in the last quarter. Finally, Mizuho Trust & Banking Co. Ltd. bought a new stake in Ctrip.com International during the fourth quarter worth $8,132,000.

Ctrip.com International, Ltd. is a travel service provider for hotel accommodations, transportation ticketing services, packaged tours and corporate travel management in China. The Company aggregates hotel and flight information to enable business and leisure travelers to make informed bookings. The Company also helps customers book tour packages and guided tours.

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