CIBC Asset Management Inc boosted its position in shares of Ctrip.com International, Ltd. (NASDAQ:CTRP) by 11.3% during the second quarter, Holdings Channel reports. The fund owned 23,060 shares of the company’s stock after buying an additional 2,344 shares during the period. CIBC Asset Management Inc’s holdings in Ctrip.com International were worth $1,242,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Pillar Pacific Capital Management LLC increased its stake in Ctrip.com International by 4.1% in the second quarter. Pillar Pacific Capital Management LLC now owns 106,165 shares of the company’s stock worth $5,718,000 after buying an additional 4,205 shares during the last quarter. Great West Life Assurance Co. Can increased its stake in Ctrip.com International by 10.5% in the second quarter. Great West Life Assurance Co. Can now owns 195,758 shares of the company’s stock worth $10,530,000 after buying an additional 18,566 shares during the last quarter. NGAM Advisors L.P. increased its stake in Ctrip.com International by 1.9% in the second quarter. NGAM Advisors L.P. now owns 81,600 shares of the company’s stock worth $4,395,000 after buying an additional 1,539 shares during the last quarter. Sumitomo Life Insurance Co. increased its stake in Ctrip.com International by 4.9% in the second quarter. Sumitomo Life Insurance Co. now owns 10,700 shares of the company’s stock worth $576,000 after buying an additional 500 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. increased its stake in Ctrip.com International by 1.8% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 2,646 shares of the company’s stock worth $143,000 after buying an additional 46 shares during the last quarter. Institutional investors and hedge funds own 66.01% of the company’s stock.

Ctrip.com International, Ltd. (CTRP) opened at 53.85 on Friday. Ctrip.com International, Ltd. has a one year low of $39.71 and a one year high of $60.65.

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A number of equities research analysts have weighed in on the company. Zacks Investment Research downgraded Ctrip.com International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Cowen and Company restated a “buy” rating and set a $60.00 price target on shares of Ctrip.com International in a research report on Wednesday, July 19th. BidaskClub downgraded Ctrip.com International from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, June 14th. ValuEngine upgraded Ctrip.com International from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Instinet restated a “buy” rating and set a $64.00 price target on shares of Ctrip.com International in a research report on Monday, May 15th. Four analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the stock. Ctrip.com International has an average rating of “Buy” and an average target price of $57.73.

About Ctrip.com International

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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