Baird Financial Group Inc. grew its holdings in Ctrip.Com International Ltd (NASDAQ:CTRP) by 83.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 322,304 shares of the company’s stock after purchasing an additional 146,420 shares during the quarter. Baird Financial Group Inc. owned 0.06% of Ctrip.Com International worth $15,351,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cambiar Investors LLC purchased a new position in Ctrip.Com International in the second quarter worth approximately $194,177,000. Canada Pension Plan Investment Board lifted its stake in Ctrip.Com International by 155.8% in the second quarter. Canada Pension Plan Investment Board now owns 2,416,017 shares of the company’s stock worth $115,075,000 after acquiring an additional 1,471,464 shares during the last quarter. Standard Life Aberdeen plc lifted its stake in Ctrip.Com International by 12.3% in the second quarter. Standard Life Aberdeen plc now owns 3,668,488 shares of the company’s stock worth $174,731,000 after acquiring an additional 401,010 shares during the last quarter. TB Alternative Assets Ltd. purchased a new position in Ctrip.Com International in the second quarter worth approximately $18,781,000. Finally, Legal & General Group Plc lifted its stake in Ctrip.Com International by 18.1% in the first quarter. Legal & General Group Plc now owns 1,781,278 shares of the company’s stock worth $83,043,000 after acquiring an additional 273,441 shares during the last quarter. 66.19% of the stock is owned by institutional investors and hedge funds.

Several analysts have recently weighed in on CTRP shares. UBS Group reduced their price objective on shares of Ctrip.Com International from $52.82 to $50.00 and set a “buy” rating for the company in a research report on Monday, August 13th. BidaskClub downgraded shares of Ctrip.Com International from a “buy” rating to a “hold” rating in a research report on Saturday, June 23rd. TheStreet raised shares of Ctrip.Com International from a “c+” rating to a “b-” rating in a report on Monday, June 18th. Barclays set a $54.00 target price on shares of Ctrip.Com International and gave the company a “buy” rating in a report on Wednesday, May 23rd. Finally, Oppenheimer lifted their target price on shares of Ctrip.Com International from $51.00 to $54.00 and gave the company an “outperform” rating in a report on Wednesday, May 23rd. Three analysts have rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the company’s stock. Ctrip.Com International has an average rating of “Hold” and a consensus target price of $49.83.

Shares of Ctrip.Com International stock opened at $37.56 on Friday. The firm has a market capitalization of $21.08 billion, a PE ratio of 63.66, a price-to-earnings-growth ratio of 2.37 and a beta of 1.85. Ctrip.Com International Ltd has a 12 month low of $36.93 and a 12 month high of $56.46. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.40 and a current ratio of 1.40.

Ctrip.Com International Company Profile

Ctrip.com International, Ltd. operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours, and corporate travel management in China. The company acts as an agent for hotel-related transactions and selling air tickets; and provides other related services, including sale of aviation and train insurance, air-ticket delivery services, online check-in, and other value-added services, such as online seat selection and real-time flight status.

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

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