Ctrip.com International, Ltd. – (NASDAQ:CTRP).
Fisher Asset Management, LLC reports that it raised its investment in Ctrip.com International, Ltd. – shares by 3.1% as of the end of the last quarter. Its investment was valued at $545,200,000 an increase of 13.0% as of quarter end.
Here are a few other firms who have updated their positions. Newport Asia LLC expanded its investment by buying 220,300 shares an increase of 10.7% in the quarter. Newport Asia LLC claims 2,278,600 shares valued at $122,725,000. The value of the position overall is up by 21.5%. Nepsis Capital Management, Inc. trimmed its stake by selling 1,714 shares a decrease of 1.8% from 03/31/2017 to 06/30/2017. Nepsis Capital Management, Inc. controls 91,966 shares worth $4,953,000. The total value of its holdings increased 7.6%.
Level Four Advisory Services, LLC cut its position by shedding 4,986 shares a decrease of 44.8% as of 06/30/2017. Level Four Advisory Services, LLC owns 6,140 shares worth $301,000. The value of the position overall is down by 44.9%.
HSBC lowered the price target and upgraded the stock on November 25 cutting the price target from $55.00 to $53.00 and setting the rating at “Buy” which had previously been “Hold”. On November 25 the company was upgraded from “Hold” to “Buy” with a current price target of $53.00 in a statement from HSBC.
Credit Suisse added CTRP to its research portfolio with an initial rating of “Outperform” and establishing a price target of $58.00. On August 31 analysts at JP Morgan began coverage of CTRP with a rating of “Overweight”.
August 25 investment analysts at Morgan Stanley kept the company rating at “Overweight” and moved down the price target from $98.00 to $55.00. Equity analyst Goldman Sachs started coverage giving it an initial rating of “Buy” and projecting a price target of $52.00.
The company is up by 2.08 percent from yesterday’s close. Investors are feeling more bearish recently if you watch the motion in short interest. The stock recorded a rise in short interest of 4.27% between June 15, 2017 and May 31, 2017. Short shares grew from 29,178,807 to 30,425,077 over that timeframe.