KCS Wealth Advisory Invests $441,000 in Ctrip.Com International Ltd (CTRP)

KCS Wealth Advisory bought a new stake in Ctrip.Com International Ltd (NASDAQ:CTRP) in the 4th quarter, Holdings Channel reports. The firm bought 10,001 shares of the company’s stock, valued at approximately $441,000.

Several other institutional investors have also recently bought and sold shares of the company. Capital Research Global Investors increased its position in Ctrip.Com International by 37.6% in the 2nd quarter. Capital Research Global Investors now owns 12,717,070 shares of the company’s stock valued at $684,941,000 after acquiring an additional 3,478,011 shares during the period. Capital World Investors increased its position in Ctrip.Com International by 20.5% in the 2nd quarter. Capital World Investors now owns 12,534,949 shares of the company’s stock valued at $675,132,000 after acquiring an additional 2,129,879 shares during the period. WCM Investment Management CA increased its position in Ctrip.Com International by 2.7% in the 3rd quarter. WCM Investment Management CA now owns 11,161,060 shares of the company’s stock valued at $588,635,000 after acquiring an additional 296,301 shares during the period. Temasek Holdings Private Ltd increased its position 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 acquiring an additional 1,959,723 shares during the period. Finally, Janus Henderson Group PLC increased its position in Ctrip.Com International by 8.4% in the 3rd quarter. Janus Henderson Group PLC now owns 6,405,483 shares of the company’s stock valued at $337,825,000 after acquiring an additional 496,168 shares during the period. 68.32% of the stock is owned by institutional investors and hedge funds.

Ctrip.Com International Ltd (NASDAQ:CTRP) opened at $47.66 on Friday. 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 52-week low of $42.53 and a 52-week high of $60.65. The stock has a market capitalization of $24,486.68, a P/E ratio of 79.52 and a beta of 1.75.

Several equities analysts recently issued reports on CTRP shares. Barclays started coverage on Ctrip.Com International in a research report on Monday, October 9th. They issued an “overweight” rating and a $62.00 price target on the stock. Cowen restated a “buy” rating and issued a $57.00 price target on shares of Ctrip.Com International in a research report on Sunday, October 8th. JPMorgan Chase & Co. cut Ctrip.Com International from an “overweight” rating to a “neutral” rating and set a $45.00 price target on the stock. in a research report on Thursday, December 7th. BidaskClub cut Ctrip.Com International from a “sell” rating to a “strong sell” rating in a research report on Saturday, December 9th. Finally, Oppenheimer restated a “buy” rating and issued a $58.00 price target (down previously from $62.00) on shares of Ctrip.Com International in a research report on Tuesday, October 31st. Two analysts have rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the stock. Ctrip.Com International has an average rating of “Buy” and a consensus target price of $56.91.

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About Ctrip.Com International

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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