Hexavest Inc. boosted its stake in Ctrip.Com International Ltd (NASDAQ:CTRP) by 66.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 56,657 shares of the company’s stock after purchasing an additional 22,602 shares during the quarter. Hexavest Inc.’s holdings in Ctrip.Com International were worth $2,106,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors also recently modified their holdings of CTRP. Ladenburg Thalmann Financial Services Inc. boosted its position in shares of Ctrip.Com International by 1,257.0% during the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 3,691 shares of the company’s stock valued at $172,000 after acquiring an additional 3,419 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in Ctrip.Com International by 174.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 3,750 shares of the company’s stock worth $179,000 after acquiring an additional 2,383 shares during the period. Advisors Asset Management Inc. lifted its position in Ctrip.Com International by 339.6% during the 2nd quarter. Advisors Asset Management Inc. now owns 12,800 shares of the company’s stock worth $181,000 after acquiring an additional 9,888 shares during the period. 180 Wealth Advisors LLC acquired a new stake in Ctrip.Com International during the 2nd quarter worth about $201,000. Finally, Point72 Asia Hong Kong Ltd lifted its position in Ctrip.Com International by 3,674.8% during the 1st quarter. Point72 Asia Hong Kong Ltd now owns 4,492 shares of the company’s stock worth $209,000 after acquiring an additional 4,373 shares during the period. Institutional investors and hedge funds own 66.56% of the company’s stock.
NASDAQ:CTRP opened at $38.65 on Friday. Ctrip.Com International Ltd has a 12 month low of $33.00 and a 12 month high of $55.88. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.33. The company has a market cap of $20.10 billion, a price-to-earnings ratio of 65.51, a PEG ratio of 1.89 and a beta of 1.76.
Ctrip.Com International (NASDAQ:CTRP) last posted its quarterly earnings data on Wednesday, September 5th. The company reported $0.18 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.13. Ctrip.Com International had a return on equity of 4.74% and a net margin of 18.11%. The company had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.15 billion. Equities research analysts forecast that Ctrip.Com International Ltd will post 0.92 earnings per share for the current year.
A number of brokerages have commented on CTRP. UBS Group lowered their price target 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. Zacks Investment Research raised Ctrip.Com International from a “sell” rating to a “hold” rating in a research report on Wednesday, September 12th. ValuEngine raised Ctrip.Com International from a “sell” rating to a “hold” rating in a research report on Friday. BidaskClub cut Ctrip.Com International from a “buy” rating to a “hold” rating in a research report on Saturday, June 23rd. Finally, TheStreet raised Ctrip.Com International from a “c+” rating to a “b-” rating in a research report on Monday, June 18th. One analyst has rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company. Ctrip.Com International presently has an average rating of “Hold” and a consensus target price of $49.23.
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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