Coronation Fund Managers Ltd. lifted its stake in shares of Ctrip.Com International Ltd (NASDAQ:CTRP) by 53.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,009,180 shares of the company’s stock after acquiring an additional 1,044,422 shares during the period. Ctrip.Com International accounts for about 3.9% of Coronation Fund Managers Ltd.’s portfolio, making the stock its 7th largest position. Coronation Fund Managers Ltd.’s holdings in Ctrip.Com International were worth $81,429,000 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. Parallel Advisors LLC acquired a new position in shares of Ctrip.Com International during the 4th quarter valued at $32,000. First Mercantile Trust Co. acquired a new position in shares of Ctrip.Com International during the 4th quarter valued at $35,000. Quadrant Capital Group LLC lifted its position in shares of Ctrip.Com International by 1,610.4% during the 4th quarter. Quadrant Capital Group LLC now owns 3,455 shares of the company’s stock valued at $91,000 after acquiring an additional 3,253 shares during the period. Advisors Asset Management Inc. lifted its position in shares of Ctrip.Com International by 21.7% during the 4th quarter. Advisors Asset Management Inc. now owns 4,226 shares of the company’s stock valued at $114,000 after acquiring an additional 753 shares during the period. Finally, Sumitomo Life Insurance Co. acquired a new position in shares of Ctrip.Com International during the 3rd quarter valued at $123,000. Institutional investors own 63.89% of the company’s stock.

CTRP opened at $33.00 on Tuesday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.22 and a current ratio of 1.22. Ctrip.Com International Ltd has a 1-year low of $25.00 and a 1-year high of $51.91. The firm has a market cap of $17.50 billion, a price-to-earnings ratio of 55.93, a price-to-earnings-growth ratio of 5.33 and a beta of 1.69.

A number of research analysts recently issued reports on CTRP shares. Wells Fargo & Co reiterated a “hold” rating on shares of Ctrip.Com International in a research report on Wednesday, October 17th. Barclays set a $45.00 target price on shares of Ctrip.Com International and gave the company a “buy” rating in a research report on Thursday, October 18th. BidaskClub downgraded shares of Ctrip.Com International from a “sell” rating to a “strong sell” rating in a research report on Tuesday, October 23rd. Oppenheimer set a $47.00 price objective on shares of Ctrip.Com International and gave the stock a “buy” rating in a report on Tuesday, October 23rd. Finally, ValuEngine upgraded shares of Ctrip.Com International from a “sell” rating to a “hold” rating in a report on Thursday, November 1st. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $39.40.

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

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