Ctrip.com International, Ltd. (CTRP) Shares Sold by Columbia Partners L L C Investment Management

Columbia Partners L L C Investment Management reduced its stake in shares of Ctrip.com International, Ltd. (NASDAQ:CTRP) by 17.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,473 shares of the company’s stock after selling 7,760 shares during the quarter. Columbia Partners L L C Investment Management’s holdings in Ctrip.com International were worth $1,976,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in CTRP. Teachers Advisors LLC raised its stake in Ctrip.com International by 6.3% during the 1st quarter. Teachers Advisors LLC now owns 165,604 shares of the company’s stock valued at $8,139,000 after purchasing an additional 9,800 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Ctrip.com International by 38.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 708,462 shares of the company’s stock valued at $34,841,000 after purchasing an additional 196,086 shares during the last quarter. Renaissance Technologies LLC acquired a new position in Ctrip.com International during the 1st quarter valued at $669,000. Aperio Group LLC raised its stake in Ctrip.com International by 15.7% during the 2nd quarter. Aperio Group LLC now owns 88,139 shares of the company’s stock valued at $4,747,000 after purchasing an additional 11,986 shares during the last quarter. Finally, Sit Investment Associates Inc. raised its stake in Ctrip.com International by 21.8% during the 2nd quarter. Sit Investment Associates Inc. now owns 5,025 shares of the company’s stock valued at $271,000 after purchasing an additional 900 shares during the last quarter. Hedge funds and other institutional investors own 67.85% of the company’s stock.

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Shares of Ctrip.com International, Ltd. (NASDAQ CTRP) traded up $0.91 during trading on Friday, hitting $47.74. 5,406,234 shares of the company were exchanged, compared to its average volume of 4,196,385. The firm has a market cap of $23,249.77, a PE ratio of 75.50 and a beta of 1.79. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.40. Ctrip.com International, Ltd. has a 1-year low of $39.71 and a 1-year high of $60.65.

Ctrip.com International (NASDAQ:CTRP) last announced its earnings results on Wednesday, August 30th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.11). The firm had revenue of $946.38 million for the quarter, compared to analyst estimates of $929.55 million. Ctrip.com International had a return on equity of 2.92% and a net margin of 8.92%. The company’s revenue for the quarter was up 42.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.02 EPS. equities analysts predict that Ctrip.com International, Ltd. will post 0.45 EPS for the current year.

Several research firms recently commented on CTRP. Zacks Investment Research cut shares of Ctrip.com International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 8th. Cowen and Company reiterated a “buy” rating and set a $57.00 target price on shares of Ctrip.com International in a research note on Sunday, October 8th. Barclays PLC began coverage on shares of Ctrip.com International in a research note on Monday, October 9th. They set an “overweight” rating and a $62.00 target price for the company. BidaskClub cut shares of Ctrip.com International from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 12th. Finally, Benchmark Co. cut their target price on shares of Ctrip.com International from $61.00 to $58.00 and set a “buy” rating for the company in a research note on Thursday, August 31st. Five equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $57.42.

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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