Ctrip.Com International Ltd (CTRP) Position Maintained by Meag Munich Ergo Kapitalanlagegesellschaft MBH

Meag Munich Ergo Kapitalanlagegesellschaft MBH continued to hold its stake in Ctrip.Com International Ltd (NASDAQ:CTRP) during the first quarter, Holdings Channel reports. The fund owned 32,100 shares of the company’s stock at the end of the first quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH’s holdings in Ctrip.Com International were worth $1,589,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Chesapeake Asset Management LLC purchased a new stake in Ctrip.Com International during the first quarter valued at about $301,000. KEYWISE CAPITAL MANAGEMENT Ltd increased its stake in Ctrip.Com International by 59.8% in the first quarter. KEYWISE CAPITAL MANAGEMENT Ltd now owns 145,930 shares of the company’s stock valued at $7,172,000 after buying an additional 54,600 shares in the last quarter. Aberdeen Asset Management PLC UK increased its stake in Ctrip.Com International by 65.4% in the first quarter. Aberdeen Asset Management PLC UK now owns 138,397 shares of the company’s stock valued at $6,802,000 after buying an additional 54,700 shares in the last quarter. Fernwood Investment Management LLC increased its stake in Ctrip.Com International by 37.0% in the first quarter. Fernwood Investment Management LLC now owns 14,800 shares of the company’s stock valued at $727,000 after buying an additional 4,000 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in Ctrip.Com International by 11.4% in the first quarter. Envestnet Asset Management Inc. now owns 36,239 shares of the company’s stock valued at $1,782,000 after buying an additional 3,711 shares in the last quarter. 72.13% of the stock is currently owned by hedge funds and other institutional investors.

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

Ctrip.Com International Ltd (NASDAQ:CTRP) traded up 1.23% during midday trading on Friday, hitting $56.15. 3,561,391 shares of the stock were exchanged. The firm has a market capitalization of $29.17 billion, a P/E ratio of 838.06 and a beta of 1.56. The firm’s 50-day moving average price is $51.19 and its 200 day moving average price is $46.06. Ctrip.Com International Ltd has a 1-year low of $37.36 and a 1-year high of $56.75.

Ctrip.Com International (NASDAQ:CTRP) last released its quarterly earnings data on Wednesday, February 22nd. The company reported $0.17 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.03) by $0.20. The company had revenue of $730 million during the quarter, compared to the consensus estimate of $720.91 million. Ctrip.Com International had a negative net margin of 11.48% and a negative return on equity of 3.17%. During the same period last year, the firm earned $0.11 EPS. Analysts expect that Ctrip.Com International Ltd will post $0.38 earnings per share for the current fiscal year.

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Several analysts have issued reports on the company. ValuEngine downgraded Ctrip.Com International from a “hold” rating to a “sell” rating in a research note on Tuesday. Instinet restated a “buy” rating and issued a $64.00 price objective on shares of Ctrip.Com International in a report on Monday. Daiwa Capital Markets restated a “buy” rating and issued a $65.00 price objective (up previously from $55.00) on shares of Ctrip.Com International in a report on Sunday, May 14th. Bank of America Corp set a $64.00 price objective on Ctrip.Com International and gave the company a “buy” rating in a report on Friday, May 12th. Finally, Oppenheimer Holdings Inc. restated an “outperform” rating and issued a $65.00 price objective (up previously from $60.00) on shares of Ctrip.Com International in a report on Friday, May 12th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $55.23.

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.

5 Day Chart for NASDAQ:CTRP

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