Fmr LLC trimmed its stake in shares of Ctrip.Com International Ltd (NASDAQ:CTRP) by 9.3% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 2,023,402 shares of the company’s stock after selling 207,100 shares during the quarter. Fmr LLC owned about 0.37% of Ctrip.Com International worth $96,375,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in the company. OppenheimerFunds Inc. lifted its position in shares of 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 acquiring an additional 1,255,050 shares during the period. Commonwealth Bank of Australia raised its holdings in shares of Ctrip.Com International by 4.7% during the 2nd quarter. Commonwealth Bank of Australia now owns 4,842,679 shares of the company’s stock worth $230,650,000 after buying an additional 219,297 shares in the last quarter. Cambiar Investors LLC acquired a new position in shares of Ctrip.Com International during the 2nd quarter worth $194,177,000. Standard Life Aberdeen plc raised its holdings in shares of Ctrip.Com International by 12.3% during the 2nd quarter. Standard Life Aberdeen plc now owns 3,668,488 shares of the company’s stock worth $174,731,000 after buying an additional 401,010 shares in the last quarter. Finally, Winslow Capital Management LLC raised its holdings in shares of 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 worth $155,532,000 after buying an additional 3,265,374 shares in the last quarter. Hedge funds and other institutional investors own 66.85% of the company’s stock.
Shares of CTRP opened at $26.13 on Friday. Ctrip.Com International Ltd has a 12-month low of $25.78 and a 12-month high of $51.91. 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 stock has a market capitalization of $18.63 billion, a price-to-earnings ratio of 31.89, a PEG ratio of 2.64 and a beta of 1.83.
Ctrip.Com International (NASDAQ:CTRP) last issued its earnings results on Wednesday, November 7th. The company reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.06. Ctrip.Com International had a return on equity of 4.72% and a net margin of 9.73%. The business had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.34 billion. During the same quarter in the prior year, the firm earned $0.41 EPS. As a group, research analysts forecast that Ctrip.Com International Ltd will post 0.87 earnings per share for the current fiscal year.
A number of research firms have recently commented on CTRP. Nomura cut Ctrip.Com International from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $49.00 to $36.00 in a report on Friday. Deutsche Bank set a $24.00 price target on Ctrip.Com International and gave the stock a “hold” rating in a report on Thursday. Barclays set a $35.00 price target on Ctrip.Com International and gave the stock a “buy” rating in a report on Friday. UBS Group reissued a “neutral” rating on shares of Ctrip.Com International in a report on Friday. Finally, Zacks Investment Research cut Ctrip.Com International from a “buy” rating to a “hold” rating in a report on Tuesday, July 24th. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the stock. Ctrip.Com International currently has an average rating of “Hold” and an average target price of $40.63.
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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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