Nomura Asset Management Co. Ltd. increased its holdings in Ctrip.Com International Ltd (NASDAQ:CTRP) by 1.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 60,122 shares of the company’s stock after purchasing an additional 649 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Ctrip.Com International were worth $1,627,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the stock. Jarislowsky Fraser Ltd boosted its holdings in Ctrip.Com International by 0.9% during the fourth quarter. Jarislowsky Fraser Ltd now owns 59,403 shares of the company’s stock valued at $1,607,000 after acquiring an additional 530 shares during the period. Advisors Asset Management Inc. boosted its holdings in Ctrip.Com International by 21.7% during the fourth quarter. Advisors Asset Management Inc. now owns 4,226 shares of the company’s stock valued at $114,000 after acquiring an additional 753 shares during the period. Wetherby Asset Management Inc. boosted its holdings in Ctrip.Com International by 16.7% during the fourth quarter. Wetherby Asset Management Inc. now owns 8,114 shares of the company’s stock valued at $220,000 after acquiring an additional 1,161 shares during the period. Parallel Advisors LLC bought a new stake in Ctrip.Com International during the fourth quarter valued at about $32,000. Finally, First Mercantile Trust Co. bought a new stake in Ctrip.Com International during the fourth quarter valued at about $35,000. Hedge funds and other institutional investors own 65.08% of the company’s stock.

A number of equities research analysts have issued reports on the stock. Morgan Stanley upgraded shares of Ctrip.Com International from an “equal” rating to an “overweight” rating and upped their price target for the company from $32.00 to $43.00 in a report on Tuesday, March 5th. Mizuho restated a “hold” rating on shares of Ctrip.Com International in a report on Tuesday, March 5th. Zacks Investment Research upgraded shares of Ctrip.Com International from a “hold” rating to a “buy” rating and set a $33.00 price target for the company in a report on Tuesday, January 8th. BidaskClub upgraded shares of Ctrip.Com International from a “sell” rating to a “hold” rating in a report on Tuesday, December 25th. Finally, Barclays upped their price target on shares of Ctrip.Com International from $38.00 to $48.00 and gave the company an “overweight” rating in a report on Wednesday, March 6th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $42.41.

Shares of CTRP opened at $41.67 on Friday. The stock has a market cap of $22.54 billion, a PE ratio of 44.33, a P/E/G ratio of 1.81 and a beta of 1.51. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.15 and a quick ratio of 1.22. Ctrip.Com International Ltd has a 52 week low of $25.00 and a 52 week high of $51.91.

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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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