Great West Life Assurance Co. Can trimmed its holdings in shares of Ctrip.Com International Ltd (NASDAQ:CTRP) by 6.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 238,536 shares of the company’s stock after selling 16,975 shares during the period. Great West Life Assurance Co. Can’s holdings in Ctrip.Com International were worth $8,868,000 as of its most recent filing with the SEC.
Several other institutional investors have also bought and sold shares of the business. Winslow Capital Management LLC raised its position in shares of Ctrip.Com International by 9,329,640.0% during the second quarter. Winslow Capital Management LLC now owns 3,265,409 shares of the company’s stock worth $155,532,000 after purchasing an additional 3,265,374 shares during the period. Canada Pension Plan Investment Board raised its position in shares of Ctrip.Com International by 155.8% during the second quarter. Canada Pension Plan Investment Board now owns 2,416,017 shares of the company’s stock worth $115,075,000 after purchasing an additional 1,471,464 shares during the period. OppenheimerFunds Inc. raised its position in shares of Ctrip.Com International by 6.8% during the second quarter. OppenheimerFunds Inc. now owns 19,665,726 shares of the company’s stock worth $936,679,000 after purchasing an additional 1,255,050 shares during the period. New Silk Road Investment PTE Ltd. acquired a new position in shares of Ctrip.Com International during the third quarter worth approximately $37,861,000. Finally, BlackRock Inc. raised its position in shares of Ctrip.Com International by 5.6% during the third quarter. BlackRock Inc. now owns 18,095,688 shares of the company’s stock worth $672,619,000 after purchasing an additional 967,607 shares during the period. Hedge funds and other institutional investors own 64.85% of the company’s stock.
A number of equities analysts have recently weighed in on the company. BidaskClub lowered Ctrip.Com International from a “sell” rating to a “strong sell” rating in a research report on Tuesday, November 13th. Barclays set a $45.00 target price on Ctrip.Com International and gave the stock a “buy” rating in a research report on Thursday, October 18th. ValuEngine lowered Ctrip.Com International from a “hold” rating to a “sell” rating in a research report on Thursday, November 8th. UBS Group reaffirmed a “neutral” rating on shares of Ctrip.Com International in a research report on Friday, November 9th. Finally, Wells Fargo & Co reaffirmed a “hold” rating on shares of Ctrip.Com International in a research report on Wednesday, October 17th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and six have given a buy rating to the company. Ctrip.Com International presently has an average rating of “Hold” and a consensus target price of $42.25.
NASDAQ CTRP opened at $28.57 on Friday. The firm has a market capitalization of $15.67 billion, a P/E ratio of 26.83, a P/E/G ratio of 2.45 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 quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.29.
Ctrip.Com International (NASDAQ:CTRP) last released its quarterly earnings results on Wednesday, November 7th. The company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates 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 period in the prior year, the firm posted $0.41 EPS. Equities analysts expect that Ctrip.Com International Ltd will post 0.74 EPS for the current year.
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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