ING Groep NV boosted its stake in shares of Ctrip.com International, Ltd. (NASDAQ:CTRP) by 54.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,560 shares of the company’s stock after buying an additional 4,090 shares during the period. ING Groep NV’s holdings in Ctrip.com International were worth $623,000 as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. Parametrica Management Ltd bought a new position in Ctrip.com International during the second quarter valued at about $486,000. Meag Munich Ergo Kapitalanlagegesellschaft MBH boosted its position in Ctrip.com International by 111.7% in the second quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 67,952 shares of the company’s stock valued at $10,762,000 after buying an additional 35,852 shares in the last quarter. Huntington National Bank boosted its position in Ctrip.com International by 40.5% in the second quarter. Huntington National Bank now owns 2,325 shares of the company’s stock valued at $125,000 after buying an additional 670 shares in the last quarter. TB Alternative Assets Ltd. bought a new position in Ctrip.com International during the second quarter valued at about $13,153,000. Finally, Manning & Napier Advisors LLC bought a new position in Ctrip.com International during the second quarter valued at about $3,623,000. 65.87% of the stock is currently owned by institutional investors.

Ctrip.com International, Ltd. (CTRP) traded up 0.02% on Friday, hitting $57.43. 884,948 shares of the company were exchanged. The stock has a market capitalization of $29.84 billion, a price-to-earnings ratio of 832.32 and a beta of 1.71. Ctrip.com International, Ltd. has a 52-week low of $39.71 and a 52-week high of $60.65.

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CTRP has been the topic of several recent research reports. Cowen and Company lowered their price objective on shares of Ctrip.com International from $29.00 to $27.00 and set a “neutral” rating on the stock in a research note on Thursday, May 11th. Instinet reiterated a “buy” rating and issued a $64.00 price objective on shares of Ctrip.com International in a research note on Monday, May 15th. BidaskClub cut shares of Ctrip.com International from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, June 14th. Benchmark Co. initiated coverage on shares of Ctrip.com International in a research note on Tuesday, April 18th. They issued a “buy” rating and a $60.00 price objective on the stock. Finally, Zacks Investment Research upgraded shares of Ctrip.com International from a “sell” rating to a “hold” rating in a research note on Wednesday, May 10th. Three equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $57.73.

About Ctrip.com International

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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