Matthews International Capital Management LLC grew its position in Ctrip.com International, Ltd. (NASDAQ:CTRP) by 13.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 393,700 shares of the company’s stock after buying an additional 47,900 shares during the period. Ctrip.com International accounts for approximately 1.0% of Matthews International Capital Management LLC’s investment portfolio, making the stock its 18th largest position. Matthews International Capital Management LLC owned 0.08% of Ctrip.com International worth $21,205,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. IHT Wealth Management LLC grew its stake in shares of Ctrip.com International by 0.5% in the 1st quarter. IHT Wealth Management LLC now owns 3,202 shares of the company’s stock valued at $157,000 after buying an additional 15 shares during the period. Benjamin F. Edwards & Company Inc. grew its stake in shares of 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 valued at $143,000 after buying an additional 46 shares during the period. American International Group Inc. grew its stake in shares of Ctrip.com International by 0.3% in the 1st quarter. American International Group Inc. now owns 23,512 shares of the company’s stock valued at $1,156,000 after buying an additional 63 shares during the period. Baldwin Investment Management LLC grew its stake in shares of Ctrip.com International by 2.0% in the 2nd quarter. Baldwin Investment Management LLC now owns 4,283 shares of the company’s stock valued at $231,000 after buying an additional 85 shares during the period. Finally, Rathbone Brothers plc grew its stake in shares of Ctrip.com International by 2.8% in the 2nd quarter. Rathbone Brothers plc now owns 4,255 shares of the company’s stock valued at $229,000 after buying an additional 115 shares during the period. 67.62% of the stock is owned by institutional investors and hedge funds.

Several analysts have recently weighed in on the stock. BidaskClub cut 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. reissued an “outperform” rating and issued a $62.00 price target (down previously 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 note on Friday, June 2nd. Cowen and Company reissued a “buy” rating and issued a $60.00 price target on shares of Ctrip.com International in a research note on Wednesday, July 19th. Finally, KeyCorp reissued a “hold” rating on shares of Ctrip.com International in a research note on Friday, September 1st. Five analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Ctrip.com International currently has an average rating of “Buy” and an average price target of $57.91.

Ctrip.com International, Ltd. (NASDAQ:CTRP) traded down 1.08% during trading on Friday, hitting $52.40. 7,014,990 shares of the company were exchanged. The company has a market capitalization of $27.56 billion, a price-to-earnings ratio of 166.88 and a beta of 1.69. Ctrip.com International, Ltd. has a 12 month low of $39.71 and a 12 month high of $60.65. The company has a 50-day moving average of $53.64 and a 200-day moving average of $52.84.

Ctrip.com International (NASDAQ:CTRP) last released its earnings results 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). Ctrip.com International had a net margin of 4.56% and a return on equity of 1.41%. The company had revenue of $946.38 million during the quarter, compared to analysts’ expectations of $929.55 million. During the same quarter in the previous year, the firm posted $0.02 earnings per share. Ctrip.com International’s revenue for the quarter was up 42.5% compared to the same quarter last year. Analysts forecast that Ctrip.com International, Ltd. will post $0.87 EPS for the current year.

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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.

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

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