Fernwood Investment Management LLC increased its stake in Ctrip.com International, Ltd. (NASDAQ:CTRP) by 45.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,500 shares of the company’s stock after buying an additional 6,700 shares during the period. Fernwood Investment Management LLC’s holdings in Ctrip.com International were worth $1,158,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of CTRP. IHT Wealth Management LLC increased its stake in Ctrip.com International by 0.5% in the first quarter. IHT Wealth Management LLC now owns 3,202 shares of the company’s stock worth $157,000 after buying an additional 15 shares in the last quarter. 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 in the last quarter. American International Group Inc. increased its stake in Ctrip.com International by 0.3% in the first quarter. American International Group Inc. now owns 23,512 shares of the company’s stock worth $1,156,000 after buying an additional 63 shares in the last quarter. IFP Advisors Inc increased its stake in Ctrip.com International by 6.7% in the second quarter. IFP Advisors Inc now owns 2,516 shares of the company’s stock worth $136,000 after buying an additional 157 shares in the last quarter. Finally, World Asset Management Inc increased its stake in Ctrip.com International by 0.5% in the second quarter. World Asset Management Inc now owns 30,839 shares of the company’s stock worth $1,661,000 after buying an additional 167 shares in the last quarter. 66.43% of the stock is owned by hedge funds and other institutional investors.

Ctrip.com International, Ltd. (NASDAQ:CTRP) opened at 51.55 on Wednesday. Ctrip.com International, Ltd. has a 52-week low of $39.71 and a 52-week high of $60.65.

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A number of research firms have issued reports on CTRP. Cowen and Company cut their price target on Ctrip.com International from $29.00 to $27.00 and set a “neutral” rating for the company in a research note on Thursday, May 11th. Instinet restated a “buy” rating and set a $64.00 price target on shares of Ctrip.com International in a research note on Monday, May 15th. BidaskClub downgraded Ctrip.com International from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, June 14th. Benchmark Co. started coverage on Ctrip.com International in a research note on Tuesday, April 18th. They set a “buy” rating and a $60.00 price objective for the company. Finally, Zacks Investment Research upgraded Ctrip.com International from a “sell” rating to a “hold” rating in a research note on Wednesday, May 10th. Four equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Ctrip.com International has an average rating of “Buy” and a consensus price target of $57.73.

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

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