MML Investors Services LLC acquired a new stake in shares of Ctrip.Com International Ltd (NASDAQ:CTRP) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 10,561 shares of the company’s stock, valued at approximately $393,000.

A number of other hedge funds also recently bought and sold shares of CTRP. Winslow Capital Management LLC increased its position in Ctrip.Com International by 9,329,640.0% during the 2nd quarter. Winslow Capital Management LLC now owns 3,265,409 shares of the company’s stock valued at $155,532,000 after buying an additional 3,265,374 shares in the last quarter. Canada Pension Plan Investment Board increased its position in Ctrip.Com International by 155.8% during the 2nd quarter. Canada Pension Plan Investment Board now owns 2,416,017 shares of the company’s stock valued at $115,075,000 after buying an additional 1,471,464 shares in the last quarter. OppenheimerFunds Inc. increased its position in Ctrip.Com International by 6.8% during the 2nd quarter. OppenheimerFunds Inc. now owns 19,665,726 shares of the company’s stock valued at $936,679,000 after buying an additional 1,255,050 shares in the last quarter. New Silk Road Investment PTE Ltd. bought a new position in Ctrip.Com International during the 3rd quarter valued at approximately $37,861,000. Finally, Waddell & Reed Financial Inc. bought a new position in Ctrip.Com International during the 2nd quarter valued at approximately $34,339,000. 64.85% of the stock is owned by institutional investors.

A number of research firms recently weighed in on CTRP. UBS Group reduced their price objective on 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. Wells Fargo & Co reduced their price objective on Ctrip.Com International from $46.00 to $42.00 and set a “market perform” rating for the company in a research report on Thursday, September 6th. TheStreet lowered Ctrip.Com International from a “b-” rating to a “c+” rating in a research report on Friday, August 17th. Zacks Investment Research lowered Ctrip.Com International from a “hold” rating to a “sell” rating in a report on Thursday, September 6th. Finally, BidaskClub raised Ctrip.Com International from a “strong sell” rating to a “sell” rating in a report on Saturday, October 13th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and six have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $42.25.

Ctrip.Com International stock opened at $28.98 on Friday. The firm has a market capitalization of $16.02 billion, a price-to-earnings ratio of 27.43, a price-to-earnings-growth ratio of 2.50 and a beta of 1.86. Ctrip.Com International Ltd has a 12 month low of $25.00 and a 12 month high of $51.91. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.22 and a quick ratio of 1.22.

Ctrip.Com International (NASDAQ:CTRP) last posted its earnings results on Wednesday, November 7th. The company reported $0.31 EPS for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.06. The business had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.34 billion. Ctrip.Com International had a return on equity of 4.78% and a net margin of 9.73%. During the same quarter last year, the company earned $0.41 EPS. Equities research analysts forecast that Ctrip.Com International Ltd will post 0.74 earnings per share for the current year.

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Ctrip.Com International 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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