Manning & Napier Advisors LLC Has $5.01 Million Holdings in Ctrip.Com International Ltd (NASDAQ:CTRP)

Manning & Napier Advisors LLC lifted its holdings in Ctrip.Com International Ltd (NASDAQ:CTRP) by 41.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 95,090 shares of the company’s stock after purchasing an additional 27,800 shares during the quarter. Manning & Napier Advisors LLC’s holdings in Ctrip.Com International were worth $5,014,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Benjamin F. Edwards & Company Inc. lifted its position 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. Baldwin Investment Management LLC lifted its position in Ctrip.Com International by 2.0% in the second quarter. Baldwin Investment Management LLC now owns 4,283 shares of the company’s stock worth $231,000 after buying an additional 85 shares during the last quarter. Rathbone Brothers plc lifted its position in Ctrip.Com International by 2.8% in the second quarter. Rathbone Brothers plc now owns 4,255 shares of the company’s stock worth $229,000 after buying an additional 115 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its position in Ctrip.Com International by 0.8% in the second quarter. Oppenheimer Asset Management Inc. now owns 14,281 shares of the company’s stock worth $769,000 after buying an additional 117 shares during the last quarter. Finally, GRATRY & Co LLC lifted its position in Ctrip.Com International by 2.5% in the second quarter. GRATRY & Co LLC now owns 6,100 shares of the company’s stock worth $329,000 after buying an additional 150 shares during the last quarter. 68.44% of the stock is owned by hedge funds and other institutional investors.

Several research firms have recently weighed in on CTRP. Oppenheimer reiterated an “outperform” rating and set a $62.00 target price (down from $65.00) on shares of Ctrip.Com International in a research report on Friday, August 25th. KeyCorp reiterated a “hold” rating on shares of Ctrip.Com International in a research report on Friday, September 1st. Zacks Investment Research upgraded Ctrip.Com International from a “sell” rating to a “hold” rating in a research report on Tuesday, October 31st. Instinet reiterated a “buy” rating and set a $61.00 target price on shares of Ctrip.Com International in a research report on Tuesday, September 5th. Finally, Bank of America reiterated a “buy” rating and set a $58.00 target price on shares of Ctrip.Com International in a research report on Sunday, September 3rd. Five research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $57.82.

Shares of Ctrip.Com International Ltd (CTRP) traded down $0.20 during mid-day trading on Monday, hitting $46.12. The stock had a trading volume of 2,659,773 shares, compared to its average volume of 4,164,846. Ctrip.Com International Ltd has a 1-year low of $39.71 and a 1-year high of $60.65. The stock has a market capitalization of $23,773.28, a price-to-earnings ratio of 77.20 and a beta of 1.73. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.51 and a quick ratio of 1.51.

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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.

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

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