Advisory Research Inc. Maintains Position in Ctrip.com International, Ltd. (CTRP)

Advisory Research Inc. held its position in shares of Ctrip.com International, Ltd. (NASDAQ:CTRP) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,253 shares of the company’s stock at the end of the 2nd quarter. Advisory Research Inc.’s holdings in Ctrip.com International were worth $995,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CTRP. Janus Henderson Group PLC acquired a new stake in Ctrip.com International during the second quarter worth approximately $318,276,000. Capital Research Global Investors boosted its holdings in Ctrip.com International by 37.6% in the second quarter. Capital Research Global Investors now owns 12,717,070 shares of the company’s stock worth $684,941,000 after acquiring an additional 3,478,011 shares in the last quarter. Hillhouse Capital Management Ltd. boosted its holdings in Ctrip.com International by 140.6% in the second quarter. Hillhouse Capital Management Ltd. now owns 4,812,246 shares of the company’s stock worth $259,188,000 after acquiring an additional 2,812,246 shares in the last quarter. Capital World Investors boosted its holdings in Ctrip.com International by 20.5% in the second quarter. Capital World Investors now owns 12,534,949 shares of the company’s stock worth $675,132,000 after acquiring an additional 2,129,879 shares in the last quarter. Finally, Commonwealth Bank of Australia bought a new position in Ctrip.com International in the second quarter worth approximately $101,967,000. 67.60% of the stock is owned by institutional investors and hedge funds.

Ctrip.com International, Ltd. (CTRP) traded up 0.71% on Friday, hitting $55.13. The stock had a trading volume of 334,699 shares. Ctrip.com International, Ltd. has a 1-year low of $39.71 and a 1-year high of $60.65. The stock has a 50 day moving average price of $52.94 and a 200 day moving average price of $53.59. The company has a market cap of $29.00 billion, a P/E ratio of 173.36 and a beta of 1.69.

Ctrip.com International (NASDAQ:CTRP) last issued its quarterly earnings results on Wednesday, August 30th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.11). Ctrip.com International had a return on equity of 1.41% and a net margin of 4.56%. The company had revenue of $946.38 million during the quarter, compared to the consensus estimate of $929.55 million. During the same period in the prior year, the firm earned $0.02 earnings per share. The business’s revenue for the quarter was up 42.5% compared to the same quarter last year. On average, equities research analysts expect that Ctrip.com International, Ltd. will post $0.86 EPS for the current fiscal year.

Several research analysts have issued reports on the company. Cowen and Company reiterated a “buy” rating and issued a $53.00 price target (down previously from $60.00) on shares of Ctrip.com International in a report on Monday, August 28th. Zacks Investment Research lowered Ctrip.com International from a “hold” rating to a “sell” rating in a report on Tuesday. Bank of America Corporation reiterated a “buy” rating and issued a $58.00 price target on shares of Ctrip.com International in a report on Sunday, September 3rd. Barclays PLC assumed coverage on Ctrip.com International in a report on Monday. They issued an “overweight” rating and a $62.00 price target on the stock. Finally, BidaskClub lowered Ctrip.com International from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 12th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $58.25.

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Ctrip.com International 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.

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

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