Ctrip.Com Intl Ltd (NASDAQ:CTRP).
Thornburg Investment Management Inc lowered its investment in Ctrip.Com Intl Ltd shares by 1.1% as reported in a filing on 11/15/2017. Its position was worth $241,974,000 a decrease of 3.2% as of the end of the quarter.
These firms have modified their investment in CTRP. Hosking Partners Llp augmented its stake by buying 423 shares an increase of 0.4% in the quarter. Hosking Partners Llp claims 106,873 shares valued at $5,636,000. The total value of its holdings decreased 1.7%. Baird Financial Group, Inc. grew its holdings by buying 58,392 shares an increase of 55.0% as of 09/30/2017. Baird Financial Group, Inc. owns 164,526 shares worth $8,677,000. The value of the position overall is up by 51.8%.
As of the end of the quarter Agf Investments Inc. had bought 209,332 shares growing its stake by 357.5%. The value of the investment in CTRP increased from $3,155,000 to $14,128,000 a change of 347.8% quarter over quarter.
Equity analyst Benchmark lowered the price target of the stock on November 2 cutting the projection from $58.00 to $52.00 and issued a “Buy” recommendation. October 31 investment analysts at Oppenheimer Holdings kept the company rating at “Buy” targeting a price of $58.00.
On October 9 analysts at Barclays PLC issued a report on CTRP with a rating of “Overweight”. On October 8 Cowen and Company kept the stock rating at “Buy” projecting a price of $57.00.
September 5 investment analysts at Instinet maintained a company rating of “Buy” with a current price target of $61.00. On September 3 Bank of America Corporation left the company rating at “Buy” with a current price target of $58.00.
In the market the company is trading up from yesterday’s close of 45.3. The P/E ratio is 75.73 and the market value is 23.84B. As of the last earnings report the EPS was $0.60 with 65.46M shares presently outstanding.
Investors are a little more bullish on shares of Ctrip.Com Intl Ltd lately at least if you consider the downtick in short interest. The company saw a fall in short interest between September 29, 2017 and October 13, 2017 of -4.89%. Short interest fell 1,580,046 over that timeframe. The days to cover increased to 11.0 and the percentage of shorted shares was 0.47% on October 13.