2,100 Shares in Ctrip.com International, Ltd. (CTRP) Acquired by Rational Advisors LLC
Rational Advisors LLC bought a new stake in Ctrip.com International, Ltd. (NASDAQ:CTRP) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,100 shares of the company’s stock, valued at approximately $111,000.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Capital Research Global Investors raised its holdings in shares of Ctrip.com International by 37.6% during the second quarter. Capital Research Global Investors now owns 12,717,070 shares of the company’s stock worth $684,941,000 after purchasing an additional 3,478,011 shares during the last quarter. Capital World Investors raised its holdings in shares of Ctrip.com International by 20.5% during the second quarter. Capital World Investors now owns 12,534,949 shares of the company’s stock worth $675,132,000 after purchasing an additional 2,129,879 shares during the last quarter. WCM Investment Management CA raised its holdings in shares of Ctrip.com International by 2.7% during the third quarter. WCM Investment Management CA now owns 11,161,060 shares of the company’s stock worth $588,635,000 after purchasing an additional 296,301 shares during the last quarter. Janus Henderson Group PLC purchased a new position in shares of Ctrip.com International during the second quarter worth $318,276,000. Finally, FIL Ltd raised its holdings in shares of Ctrip.com International by 15.4% during the second quarter. FIL Ltd now owns 5,656,107 shares of the company’s stock worth $304,638,000 after purchasing an additional 756,294 shares during the last quarter. Institutional investors own 67.52% of the company’s stock.
Several analysts recently commented on the stock. Zacks Investment Research lowered shares of Ctrip.com International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 8th. Cowen and Company restated a “buy” rating and set a $57.00 price target on shares of Ctrip.com International in a research report on Sunday, October 8th. Barclays PLC assumed coverage on shares of Ctrip.com International in a research report on Monday, October 9th. They set an “overweight” rating and a $62.00 price target on the stock. BidaskClub lowered shares of Ctrip.com International from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 12th. Finally, Oppenheimer Holdings, Inc. restated a “buy” rating and set a $62.00 price target on shares of Ctrip.com International in a research report on Thursday, August 31st. Five research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $57.42.
Shares of Ctrip.com International, Ltd. (CTRP) traded up $0.72 during mid-day trading on Wednesday, reaching $48.11. 3,775,300 shares of the company’s stock were exchanged, compared to its average volume of 4,190,250. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.40. Ctrip.com International, Ltd. has a one year low of $39.71 and a one year high of $60.65. The stock has a market capitalization of $24,322.44, a P/E ratio of 78.98 and a beta of 1.79.
Ctrip.com International (NASDAQ:CTRP) last released its quarterly earnings results on Wednesday, August 30th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.11). The company had revenue of $946.38 million during the quarter, compared to analysts’ expectations of $929.55 million. Ctrip.com International had a net margin of 8.92% and a return on equity of 2.92%. Ctrip.com International’s revenue was up 42.5% on a year-over-year basis. During the same period last year, the firm posted $0.02 earnings per share. analysts anticipate that Ctrip.com International, Ltd. will post 0.45 earnings per share for the current fiscal year.
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Ctrip.com International Company Profile
Ctrip.com International, Ltd. (Ctrip) is a travel service provider for accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China. The Company aggregates hotel and transportation information to enable business and leisure travelers to make bookings. It helps leisure travelers book tour packages and guided tours, and helps corporate clients manage their travel requirements.
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