Aperio Group LLC Sells 7,782 Shares of Ctrip.Com International Ltd (CTRP)

Aperio Group LLC decreased its position in shares of Ctrip.Com International Ltd (NASDAQ:CTRP) by 5.7% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 128,811 shares of the company’s stock after selling 7,782 shares during the quarter. Aperio Group LLC’s holdings in Ctrip.Com International were worth $4,788,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the business. Circle Wealth Management LLC increased its position in Ctrip.Com International by 27.4% during the 2nd quarter. Circle Wealth Management LLC now owns 6,365 shares of the company’s stock worth $303,000 after buying an additional 1,370 shares during the period. Redpoint Investment Management Pty Ltd increased its position in Ctrip.Com International by 5.4% during the 2nd quarter. Redpoint Investment Management Pty Ltd now owns 29,211 shares of the company’s stock worth $1,391,000 after buying an additional 1,503 shares during the period. CIBC Asset Management Inc increased its position in Ctrip.Com International by 6.3% during the 2nd quarter. CIBC Asset Management Inc now owns 27,539 shares of the company’s stock worth $1,312,000 after buying an additional 1,625 shares during the period. US Bancorp DE increased its position in Ctrip.Com International by 11.0% during the 2nd quarter. US Bancorp DE now owns 19,930 shares of the company’s stock worth $949,000 after buying an additional 1,971 shares during the period. Finally, Marietta Investment Partners LLC increased its position in Ctrip.Com International by 4.2% during the 2nd quarter. Marietta Investment Partners LLC now owns 51,030 shares of the company’s stock worth $2,431,000 after buying an additional 2,070 shares during the period. Hedge funds and other institutional investors own 66.75% of the company’s stock.

Shares of NASDAQ CTRP opened at $34.88 on Friday. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.33. Ctrip.Com International Ltd has a 52 week low of $29.66 and a 52 week high of $51.91. The firm has a market capitalization of $16.86 billion, a P/E ratio of 59.12, a P/E/G ratio of 4.08 and a beta of 1.76.

Ctrip.Com International (NASDAQ:CTRP) last issued its quarterly earnings results on Wednesday, September 5th. The company reported $0.18 EPS for the quarter, topping the Zacks’ consensus estimate of $0.05 by $0.13. Ctrip.Com International had a return on equity of 4.74% and a net margin of 18.11%. The company had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.15 billion. As a group, equities analysts anticipate that Ctrip.Com International Ltd will post 0.51 EPS for the current year.

CTRP has been the topic of several recent research reports. Bank of America lowered their price objective on Ctrip.Com International from $54.00 to $50.00 and set a “buy” rating on the stock in a research report on Friday, September 14th. ValuEngine upgraded Ctrip.Com International from a “sell” rating to a “hold” rating in a research report on Friday, October 12th. Barclays lowered their price objective on Ctrip.Com International from $54.00 to $50.00 and set an “overweight” rating on the stock in a research report on Monday, July 30th. Zacks Investment Research cut Ctrip.Com International from a “hold” rating to a “sell” rating in a research report on Thursday, September 6th. Finally, TheStreet cut Ctrip.Com International from a “b-” rating to a “c+” rating in a research report on Friday, August 17th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $48.31.

Ctrip.Com International Company Profile

Ctrip.com International, Ltd. operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours, and corporate travel management in China. The company acts as an agent for hotel-related transactions and selling air tickets; and provides 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 real-time flight status.

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

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