Private Advisor Group LLC acquired a new position in Ctrip.Com International Ltd (NASDAQ:CTRP) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,844 shares of the company’s stock, valued at approximately $212,000.

A number of other hedge funds have also recently modified their holdings of CTRP. Janus Henderson Group PLC bought a new stake in Ctrip.Com International in the 2nd quarter worth about $318,276,000. Capital Research Global Investors grew its position in shares of Ctrip.Com International by 37.6% during the 2nd quarter. Capital Research Global Investors now owns 12,717,070 shares of the company’s stock valued at $684,941,000 after acquiring an additional 3,478,011 shares during the period. Hillhouse Capital Management Ltd. grew its position in shares of Ctrip.Com International by 140.6% during the 2nd quarter. Hillhouse Capital Management Ltd. now owns 4,812,246 shares of the company’s stock valued at $259,188,000 after acquiring an additional 2,812,246 shares during the period. Capital World Investors grew its position in shares of Ctrip.Com International by 20.5% during the 2nd quarter. Capital World Investors now owns 12,534,949 shares of the company’s stock valued at $675,132,000 after acquiring an additional 2,129,879 shares during the period. Finally, Commonwealth Bank of Australia bought a new position in shares of Ctrip.Com International during the 2nd quarter valued at approximately $101,967,000. 68.44% of the stock is owned by institutional investors and hedge funds.

A number of research firms have recently weighed in on CTRP. Oppenheimer reissued a “buy” rating and set a $53.00 target price on shares of Ctrip.Com International in a research report on Tuesday. BidaskClub downgraded shares of Ctrip.Com International from a “sell” rating to a “strong sell” rating in a research report on Saturday, December 9th. J P Morgan Chase & Co downgraded shares of Ctrip.Com International from an “overweight” rating to a “neutral” rating and set a $45.00 target price for the company. in a research report on Thursday, December 7th. Zacks Investment Research raised shares of Ctrip.Com International from a “sell” rating to a “hold” rating in a research report on Tuesday, November 7th. Finally, TheStreet raised shares of Ctrip.Com International from a “c+” rating to a “b” rating in a research report on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have issued a buy rating to the company’s stock. Ctrip.Com International has an average rating of “Buy” and an average target price of $56.33.

Ctrip.Com International Ltd (CTRP) opened at $43.57 on Friday. The company has a market cap of $22,820.00, a P/E ratio of 72.23 and a beta of 1.73. Ctrip.Com International Ltd has a fifty-two week low of $39.71 and a fifty-two week high of $60.65. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.40.

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Ctrip.Com International 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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Institutional Ownership by Quarter for Ctrip.Com International (NASDAQ:CTRP)

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