Ctrip.com International, Ltd. (CTRP) Stake Maintained by Farley Capital L.P.

Farley Capital L.P. continued to hold its stake in Ctrip.com International, Ltd. (NASDAQ:CTRP) during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 40,092 shares of the company’s stock at the end of the first quarter. Ctrip.com International accounts for approximately 2.4% of Farley Capital L.P.’s investment portfolio, making the stock its 5th largest position. Farley Capital L.P.’s holdings in Ctrip.com International were worth $1,971,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the stock. Rafferty Asset Management LLC increased its position in Ctrip.com International by 46.1% in the fourth quarter. Rafferty Asset Management LLC now owns 24,558 shares of the company’s stock worth $982,000 after buying an additional 7,748 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new position in Ctrip.com International during the fourth quarter worth approximately $220,000. Capital One National Association increased its position in Ctrip.com International by 25.2% in the first quarter. Capital One National Association now owns 8,161 shares of the company’s stock worth $401,000 after buying an additional 1,645 shares during the period. DnB Asset Management AS increased its position in Ctrip.com International by 45.0% in the first quarter. DnB Asset Management AS now owns 371,038 shares of the company’s stock worth $18,237,000 after buying an additional 115,200 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in Ctrip.com International by 13.2% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 224,820 shares of the company’s stock worth $8,993,000 after buying an additional 26,248 shares during the period. 65.80% of the stock is owned by institutional investors and hedge funds.

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

Shares of Ctrip.com International, Ltd. (CTRP) traded up 0.28% during trading on Tuesday, hitting $54.07. 4,249,604 shares of the stock traded hands. The company has a market cap of $28.09 billion, a PE ratio of 795.15 and a beta of 1.57. Ctrip.com International, Ltd. has a 1-year low of $37.36 and a 1-year high of $58.58. The company has a 50 day moving average of $54.85 and a 200-day moving average of $47.94.

TRADEMARK VIOLATION NOTICE: This piece was first published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this piece on another domain, it was illegally copied and reposted in violation of US and international copyright and trademark laws. The legal version of this piece can be accessed at https://sportsperspectives.com/2017/06/20/farley-capital-l-p-continues-to-hold-stake-in-ctrip-com-international-ltd-ctrp-updated.html.

A number of research analysts have recently issued reports on CTRP shares. Morgan Stanley raised their price target on shares of Ctrip.com International from $52.00 to $57.00 and gave the stock an “overweight” rating in a research report on Thursday, February 23rd. Stifel Nicolaus restated a “buy” rating and issued a $58.00 price target (up from $56.00) on shares of Ctrip.com International in a research report on Thursday, February 23rd. Zacks Investment Research downgraded shares of Ctrip.com International from a “buy” rating to a “hold” rating in a research report on Thursday, February 23rd. Instinet restated a “buy” rating and issued a $61.00 price target on shares of Ctrip.com International in a research report on Friday, February 24th. Finally, Oppenheimer Holdings, Inc. restated an “outperform” rating and issued a $60.00 price target (up from $55.00) on shares of Ctrip.com International in a research report on Friday, February 24th. Five investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company. Ctrip.com International presently has an average rating of “Buy” and an average target price of $54.96.

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.

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.

Latest News

Leave a Reply