Ctrip.Com International Ltd (NASDAQ:CTRP) Stake Held by Prudential Financial Inc.

Prudential Financial Inc. held its position in shares of Ctrip.Com International Ltd (NASDAQ:CTRP) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,900 shares of the company’s stock at the end of the first quarter. Prudential Financial Inc.’s holdings in Ctrip.Com International were worth $290,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of CTRP. Dimensional Fund Advisors LP purchased a new stake in Ctrip.Com International during the fourth quarter worth approximately $20,499,000. Quadrature Capital Ltd purchased a new stake in Ctrip.Com International during the fourth quarter worth approximately $6,164,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Ctrip.Com International during the fourth quarter worth approximately $220,000. Hudson Bay Capital Management LP purchased a new stake in Ctrip.Com International during the fourth quarter worth approximately $292,000. Finally, Searle & CO. purchased a new stake in Ctrip.Com International during the fourth quarter worth approximately $280,000. Institutional investors own 66.01% of the company’s stock.

Ctrip.Com International Ltd (CTRP) opened at 53.85 on Friday. Ctrip.Com International Ltd has a one year low of $39.71 and a one year high of $60.65.

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A number of analysts have recently commented on CTRP shares. Instinet restated a “buy” rating and set a $64.00 price objective on shares of Ctrip.Com International in a report on Monday, May 15th. Daiwa Capital Markets reiterated a “buy” rating and issued a $65.00 price target (up from $55.00) on shares of Ctrip.Com International in a report on Sunday, May 14th. Bank of America Corporation set a $64.00 price target on Ctrip.Com International and gave the company a “buy” rating in a report on Friday, May 12th. Stifel Nicolaus reiterated a “buy” rating and issued a $58.00 price target on shares of Ctrip.Com International in a report on Saturday, April 22nd. Finally, Benchmark Co. began coverage on Ctrip.Com International in a report on Tuesday, April 18th. They issued a “buy” rating and a $60.00 price target for the company. Four research analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $57.73.

Ctrip.Com International Company 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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