ING Groep NV raised its holdings in Ctrip.Com International Ltd (NASDAQ:CTRP) by 56.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,118 shares of the company’s stock after purchasing an additional 7,639 shares during the quarter. ING Groep NV’s holdings in Ctrip.Com International were worth $931,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in CTRP. Temasek Holdings Private Ltd grew its stake in Ctrip.Com International by 37.0% in the 3rd quarter. Temasek Holdings Private Ltd now owns 7,256,928 shares of the company’s stock valued at $382,730,000 after purchasing an additional 1,959,723 shares during the period. Commonwealth Bank of Australia grew its stake in Ctrip.Com International by 98.9% in the 3rd quarter. Commonwealth Bank of Australia now owns 3,764,700 shares of the company’s stock valued at $192,436,000 after purchasing an additional 1,871,500 shares during the period. Coronation Fund Managers Ltd. grew its stake in Ctrip.Com International by 82.3% in the 4th quarter. Coronation Fund Managers Ltd. now owns 2,157,284 shares of the company’s stock valued at $95,136,000 after purchasing an additional 973,718 shares during the period. Green Court Capital Management Ltd bought a new position in Ctrip.Com International in the 3rd quarter valued at $43,434,000. Finally, Janus Henderson Group PLC grew its stake in shares of Ctrip.Com International by 8.4% during the 3rd quarter. Janus Henderson Group PLC now owns 6,405,483 shares of the company’s stock worth $337,825,000 after acquiring an additional 496,168 shares during the period. Hedge funds and other institutional investors own 66.24% of the company’s stock.

Several research firms have recently weighed in on CTRP. Wells Fargo & Co began coverage on Ctrip.Com International in a research note on Tuesday, January 30th. They set a “market perform” rating and a $50.00 price target for the company. BidaskClub upgraded Ctrip.Com International from a “strong sell” rating to a “sell” rating in a research note on Wednesday, January 31st. Deutsche Bank began coverage on Ctrip.Com International in a research note on Monday, February 5th. They set a “hold” rating and a $50.00 price target for the company. Zacks Investment Research upgraded Ctrip.Com International from a “sell” rating to a “hold” rating in a research note on Tuesday, November 7th. Finally, Guggenheim downgraded Ctrip.Com International from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 23rd. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $55.85.

Shares of Ctrip.Com International Ltd (CTRP) opened at $43.98 on Wednesday. The stock has a market capitalization of $22,402.93, a PE ratio of 73.30, a P/E/G ratio of 5.38 and a beta of 1.90. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.51 and a current ratio of 1.51. Ctrip.Com International Ltd has a 1-year low of $42.65 and a 1-year high of $60.65.

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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.

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

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