APG Asset Management N.V. decreased its position in shares of Ctrip.com International, Ltd. (NASDAQ:CTRP) by 1.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,446,200 shares of the company’s stock after selling 28,000 shares during the quarter. APG Asset Management N.V. owned 0.27% of Ctrip.com International worth $76,273,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in CTRP. Janus Henderson Group PLC acquired a new stake in shares of Ctrip.com International during the second quarter worth about $318,276,000. Capital Research Global Investors lifted its holdings in shares of Ctrip.com International by 37.6% during the second quarter. Capital Research Global Investors now owns 12,717,070 shares of the company’s stock worth $684,941,000 after purchasing an additional 3,478,011 shares during the period. Hillhouse Capital Management Ltd. lifted its holdings in shares of Ctrip.com International by 140.6% during the second quarter. Hillhouse Capital Management Ltd. now owns 4,812,246 shares of the company’s stock worth $259,188,000 after purchasing an additional 2,812,246 shares during the period. Capital World Investors lifted its holdings in shares of Ctrip.com International by 20.5% during the second quarter. Capital World Investors now owns 12,534,949 shares of the company’s stock worth $675,132,000 after purchasing an additional 2,129,879 shares during the period. Finally, Commonwealth Bank of Australia acquired a new stake in shares of Ctrip.com International during the second quarter worth about $101,967,000. 67.68% of the stock is owned by hedge funds and other institutional investors.
Shares of Ctrip.com International, Ltd. (CTRP) traded down $0.23 on Friday, hitting $45.67. The company had a trading volume of 3,231,900 shares, compared to its average volume of 4,182,435. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.51 and a quick ratio of 1.51. Ctrip.com International, Ltd. has a 52-week low of $39.71 and a 52-week high of $60.65. The stock has a market capitalization of $23,557.72, a PE ratio of 76.50 and a beta of 1.79.
Ctrip.com International (NASDAQ:CTRP) last issued its quarterly earnings results on Wednesday, August 30th. The company reported $0.09 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.11). The firm had revenue of $946.38 million for the quarter, compared to analysts’ expectations of $929.55 million. Ctrip.com International had a return on equity of 2.92% and a net margin of 8.92%. The firm’s revenue for the quarter was up 42.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.02 earnings per share. sell-side analysts predict that Ctrip.com International, Ltd. will post 0.45 EPS for the current year.
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A number of equities research analysts recently commented on CTRP shares. BidaskClub downgraded Ctrip.com International from a “buy” rating to a “hold” rating in a report on Wednesday, August 23rd. Cowen and Company reissued a “buy” rating and issued a $60.00 price target on shares of Ctrip.com International in a report on Tuesday, August 22nd. Barclays PLC initiated coverage on Ctrip.com International in a report on Monday, October 9th. They issued an “overweight” rating and a $62.00 price target for the company. Zacks Investment Research downgraded Ctrip.com International from a “hold” rating to a “sell” rating in a report on Tuesday, October 10th. Finally, Benchmark Co. decreased their price target on Ctrip.com International from $58.00 to $52.00 and set a “buy” rating for the company in a report on Thursday, November 2nd. Five research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Ctrip.com International currently has an average rating of “Buy” and an average target price of $57.42.
Ctrip.com International 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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