State of New Jersey Common Pension Fund D raised its position in Ctrip.Com International Ltd (NASDAQ:CTRP) by 29.6% during the second quarter, Holdings Channel reports. The firm owned 162,372 shares of the company’s stock after buying an additional 37,044 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Ctrip.Com International were worth $8,745,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Huntington National Bank increased its stake in shares of Ctrip.Com International by 40.5% in the second quarter. Huntington National Bank now owns 2,325 shares of the company’s stock worth $125,000 after buying an additional 670 shares during the period. Benjamin F. Edwards & Company Inc. increased its stake in shares of 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 period. IHT Wealth Management LLC increased its stake in shares of 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 during the period. Sit Investment Associates Inc. increased its stake in shares of Ctrip.Com International by 13.8% in the first quarter. Sit Investment Associates Inc. now owns 4,125 shares of the company’s stock worth $203,000 after buying an additional 500 shares during the period. Finally, Baldwin Investment Management LLC acquired a new stake in shares of Ctrip.Com International during the first quarter worth about $206,000. Institutional investors own 66.01% of the company’s stock.

Ctrip.Com International Ltd (CTRP) opened at 54.55 on Friday. The company has a market capitalization of $28.34 billion, a PE ratio of 790.58 and a beta of 1.71. Ctrip.Com International Ltd has a 52 week low of $39.71 and a 52 week high of $60.65. The stock’s 50 day moving average price is $56.55 and its 200-day moving average price is $51.55.

COPYRIGHT VIOLATION NOTICE: “State of New Jersey Common Pension Fund D Buys 37,044 Shares of Ctrip.Com International Ltd (CTRP)” was first posted by Watch List News and is the sole property of of Watch List News. If you are reading this report on another website, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this report can be viewed at https://www.watchlistnews.com/state-of-new-jersey-common-pension-fund-d-buys-37044-shares-of-ctrip-com-international-ltd-ctrp/1472487.html.

A number of equities research analysts recently issued reports on the company. Cowen and Company lowered their price objective on Ctrip.Com International from $29.00 to $27.00 and set a “neutral” rating on the stock in a research report on Thursday, May 11th. Instinet reiterated a “buy” rating and issued a $64.00 price objective on shares of Ctrip.Com International in a research report on Monday, May 15th. BidaskClub downgraded Ctrip.Com International from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, June 14th. Benchmark Co. assumed coverage on Ctrip.Com International in a research report on Tuesday, April 18th. They issued a “buy” rating and a $60.00 price objective on the stock. Finally, Zacks Investment Research upgraded Ctrip.Com International from a “sell” rating to a “hold” rating in a research report on Wednesday, May 10th. Four equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus 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.

Want to see what other hedge funds are holding CTRP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ctrip.Com International Ltd (NASDAQ:CTRP).

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

Receive News & Ratings for Ctrip.Com International Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ctrip.Com International Ltd and related companies with Analyst Ratings Network's FREE daily email newsletter.