Bbva Compass Bancshares Inc. reduced its stake in shares of Ctrip.Com International Ltd (NASDAQ:CTRP) by 31.5% in the first quarter, HoldingsChannel.com reports. The fund owned 10,713 shares of the company’s stock after selling 4,936 shares during the quarter. Bbva Compass Bancshares Inc.’s holdings in Ctrip.Com International were worth $468,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Blueshift Asset Management LLC bought a new position in Ctrip.Com International in the 4th quarter worth approximately $790,000. Broad Peak Investment Management LTD. boosted its holdings in Ctrip.Com International by 39.7% in the 4th quarter. Broad Peak Investment Management LTD. now owns 117,100 shares of the company’s stock worth $3,169,000 after buying an additional 33,300 shares during the period. Prudential Financial Inc. boosted its holdings in Ctrip.Com International by 240.2% in the 4th quarter. Prudential Financial Inc. now owns 21,430 shares of the company’s stock worth $588,000 after buying an additional 15,130 shares during the period. Daiwa Securities Group Inc. boosted its holdings in Ctrip.Com International by 606.3% in the 4th quarter. Daiwa Securities Group Inc. now owns 27,545 shares of the company’s stock worth $762,000 after buying an additional 23,645 shares during the period. Finally, Legal & General Group Plc boosted its holdings in Ctrip.Com International by 0.9% in the 3rd quarter. Legal & General Group Plc now owns 1,936,310 shares of the company’s stock worth $71,972,000 after buying an additional 16,839 shares during the period. 65.10% of the stock is owned by hedge funds and other institutional investors.

CTRP stock opened at $38.96 on Thursday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.15 and a current ratio of 1.15. Ctrip.Com International Ltd has a 52 week low of $25.00 and a 52 week high of $51.91. The firm has a market cap of $20.59 billion, a P/E ratio of 41.45, a price-to-earnings-growth ratio of 1.66 and a beta of 1.52.

Ctrip.Com International (NASDAQ:CTRP) last released its earnings results on Monday, March 4th. The company reported $0.01 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.18) by $0.19. Ctrip.Com International had a net margin of 4.05% and a return on equity of 4.28%. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.04 billion. Research analysts expect that Ctrip.Com International Ltd will post 1 earnings per share for the current year.

Several analysts have issued reports on the stock. Macquarie cut shares of Ctrip.Com International from an “outperform” rating to a “neutral” rating in a research note on Friday, May 3rd. BidaskClub cut shares of Ctrip.Com International from a “buy” rating to a “hold” rating in a research note on Friday, April 26th. Mizuho reiterated a “hold” rating on shares of Ctrip.Com International in a research note on Tuesday, March 5th. Deutsche Bank upgraded shares of Ctrip.Com International from a “hold” rating to a “buy” rating and set a $48.00 target price on the stock in a research note on Tuesday, March 5th. Finally, Barclays increased their target price on shares of Ctrip.Com International from $38.00 to $48.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 6th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the company. Ctrip.Com International presently has a consensus rating of “Buy” and an average target price of $43.69.

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About Ctrip.Com International

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, express security check, and real-time flight status.

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

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