Bamco Inc. NY lowered its holdings in Ctrip (NASDAQ:CTRP) by 86.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 144,838 shares of the company’s stock after selling 949,561 shares during the quarter. Bamco Inc. NY’s holdings in Ctrip were worth $6,752,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of the company. Banque Pictet & Cie SA bought a new stake in shares of Ctrip in the 1st quarter valued at about $242,000. PARUS FINANCE UK Ltd raised its holdings in shares of Ctrip by 28.8% in the 1st quarter. PARUS FINANCE UK Ltd now owns 284,410 shares of the company’s stock valued at $13,259,000 after purchasing an additional 63,575 shares in the last quarter. Penserra Capital Management LLC raised its holdings in shares of Ctrip by 29.6% in the 1st quarter. Penserra Capital Management LLC now owns 543,406 shares of the company’s stock valued at $25,333,000 after purchasing an additional 124,072 shares in the last quarter. Van Berkom & Associates Inc. raised its holdings in shares of Ctrip by 15.9% in the 1st quarter. Van Berkom & Associates Inc. now owns 79,261 shares of the company’s stock valued at $3,695,000 after purchasing an additional 10,865 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. raised its holdings in shares of Ctrip by 83.6% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 295,309 shares of the company’s stock valued at $13,768,000 after purchasing an additional 134,487 shares in the last quarter. Institutional investors and hedge funds own 69.05% of the company’s stock.
NASDAQ CTRP opened at $43.09 on Monday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.40 and a quick ratio of 1.40. The company has a market cap of $23.30 billion, a P/E ratio of 73.03, a PEG ratio of 5.07 and a beta of 1.83. Ctrip has a 52 week low of $40.13 and a 52 week high of $60.65.
Ctrip (NASDAQ:CTRP) last posted its quarterly earnings data on Wednesday, March 14th. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.02). The firm had revenue of $987.54 million for the quarter, compared to the consensus estimate of $1 billion. Ctrip had a return on equity of 2.64% and a net margin of 8.00%. The company’s revenue was up 35.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.32 EPS. research analysts forecast that Ctrip will post 0.5 earnings per share for the current fiscal year.
Several equities research analysts have recently commented on the stock. BidaskClub lowered shares of Ctrip from a “sell” rating to a “strong sell” rating in a report on Thursday, January 25th. TheStreet upgraded shares of Ctrip from a “c+” rating to a “b-” rating in a report on Monday, March 12th. Deutsche Bank started coverage on shares of Ctrip in a report on Monday, February 5th. They issued a “hold” rating and a $50.00 price target for the company. TH Capital lowered shares of Ctrip from a “buy” rating to a “hold” rating in a research note on Monday, February 26th. Finally, Wells Fargo started coverage on shares of Ctrip in a research note on Tuesday, January 30th. They set a “market perform” rating and a $50.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the stock. Ctrip has a consensus rating of “Hold” and an average price target of $53.25.
Ctrip Company Profile
Ctrip.com International, Ltd., together with its subsidiaries, provides travel service for accommodation reservation, transportation ticketing, packaged tours, and corporate travel management in the People's Republic of China. The company operates as an agent for hotel-related transactions; sells air tickets; and 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 flight dynamics.
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