Prudential Financial Inc. Has $290,000 Position in Ctrip.com International, Ltd. (NASDAQ:CTRP)

Prudential Financial Inc. held its stake in shares of Ctrip.com International, Ltd. (NASDAQ:CTRP) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the stock. Sit Investment Associates Inc. raised its position in Ctrip.com International by 13.8% in the first quarter. Sit Investment Associates Inc. now owns 4,125 shares of the company’s stock worth $203,000 after buying an additional 500 shares during the last quarter. Rathbone Brothers plc acquired a new position in Ctrip.com International during the first quarter worth approximately $203,000. Baldwin Investment Management LLC acquired a new position in Ctrip.com International during the first quarter worth approximately $206,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in Ctrip.com International during the fourth quarter worth approximately $220,000. Finally, GRATRY & Co LLC raised its position in Ctrip.com International by 9.4% in the first quarter. GRATRY & Co LLC now owns 5,950 shares of the company’s stock worth $292,000 after buying an additional 510 shares during the last quarter. Institutional investors own 66.43% of the company’s stock.

Ctrip.com International, Ltd. (CTRP) traded up 2.54% during mid-day trading on Friday, hitting $50.44. The company had a trading volume of 6,897,068 shares. Ctrip.com International, Ltd. has a 1-year low of $39.71 and a 1-year high of $60.65. The company has a 50 day moving average of $55.93 and a 200 day moving average of $51.89.

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A number of research analysts have commented on CTRP shares. Cowen and Company reaffirmed a “buy” rating and set a $60.00 price target on shares of Ctrip.com International in a research report on Wednesday, July 19th. Zacks Investment Research lowered Ctrip.com International from a “hold” rating to a “sell” rating in a research report on Tuesday, April 25th. ValuEngine lowered Ctrip.com International from a “hold” rating to a “sell” rating in a research report on Tuesday, May 16th. Stifel Nicolaus upped their price target on Ctrip.com International from $58.00 to $63.00 and gave the company a “buy” rating in a research report on Thursday, May 11th. Finally, Daiwa Capital Markets reaffirmed a “buy” rating and set a $65.00 price target (up previously from $55.00) on shares of Ctrip.com International in a research report on Sunday, May 14th. Four equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target 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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