Ctrip.com International, Ltd. (CTRP) Shares Bought by Profund Advisors LLC

Profund Advisors LLC increased its holdings in shares of Ctrip.com International, Ltd. (NASDAQ:CTRP) by 10.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 69,628 shares of the company’s stock after buying an additional 6,831 shares during the quarter. Profund Advisors LLC’s holdings in Ctrip.com International were worth $3,750,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the company. Baillie Gifford & Co. grew its holdings in shares of Ctrip.com International by 4.1% during the first quarter. Baillie Gifford & Co. now owns 51,643,569 shares of the company’s stock valued at $2,538,282,000 after buying an additional 2,041,906 shares in the last quarter. WCM Investment Management CA grew its holdings in shares of Ctrip.com International by 6.1% during the second quarter. WCM Investment Management CA now owns 10,864,759 shares of the company’s stock valued at $585,176,000 after buying an additional 622,199 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of Ctrip.com International by 3.1% during the second quarter. Fisher Asset Management LLC now owns 10,122,535 shares of the company’s stock valued at $545,200,000 after buying an additional 302,795 shares in the last quarter. FMR LLC grew its holdings in shares of Ctrip.com International by 8.3% during the first quarter. FMR LLC now owns 10,095,100 shares of the company’s stock valued at $496,175,000 after buying an additional 772,591 shares in the last quarter. Finally, Schroder Investment Management Group grew its holdings in shares of Ctrip.com International by 6.5% during the second quarter. Schroder Investment Management Group now owns 4,936,663 shares of the company’s stock valued at $265,839,000 after buying an additional 300,624 shares in the last quarter. Institutional investors and hedge funds own 67.62% of the company’s stock.

TRADEMARK VIOLATION WARNING: This report was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this report on another domain, it was copied illegally and reposted in violation of international trademark & copyright laws. The correct version of this report can be read at https://ledgergazette.com/2017/09/16/ctrip-com-international-ltd-ctrp-shares-bought-by-profund-advisors-llc.html.

Shares of Ctrip.com International, Ltd. (NASDAQ CTRP) traded down 1.08% on Friday, reaching $52.40. The company’s stock had a trading volume of 7,014,990 shares. The company has a 50 day moving average price of $53.64 and a 200 day moving average price of $52.84. The company has a market cap of $27.56 billion, a P/E ratio of 166.88 and a beta of 1.69. Ctrip.com International, Ltd. has a 52-week low of $39.71 and a 52-week high of $60.65.

Ctrip.com International (NASDAQ:CTRP) last announced its quarterly earnings data on Wednesday, August 30th. The company reported $0.09 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.11). The company had revenue of $946.38 million during the quarter, compared to the consensus estimate of $929.55 million. Ctrip.com International had a net margin of 4.56% and a return on equity of 1.41%. Ctrip.com International’s revenue was up 42.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.02 EPS. On average, analysts anticipate that Ctrip.com International, Ltd. will post $0.87 earnings per share for the current fiscal year.

A number of research analysts have recently weighed in on the company. Instinet reiterated a “buy” rating and set a $61.00 price target on shares of Ctrip.com International in a report on Tuesday, September 5th. Bank of America Corporation reiterated a “buy” rating and set a $58.00 price target on shares of Ctrip.com International in a report on Sunday, September 3rd. Cowen and Company reiterated a “buy” rating and set a $57.00 price target on shares of Ctrip.com International in a report on Sunday, September 3rd. KeyCorp reiterated a “hold” rating on shares of Ctrip.com International in a report on Friday, September 1st. Finally, Oppenheimer Holdings, Inc. reiterated a “buy” rating and set a $62.00 price target on shares of Ctrip.com International in a report on Thursday, August 31st. Five equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $57.91.

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.

Want to see what other hedge funds are holding CTRP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ctrip.com International, Ltd. (NASDAQ:CTRP).

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

Receive News & Ratings for Ctrip.com International Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ctrip.com International Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply