Candriam Luxembourg S.C.A. Has $1,185,000 Position in Ctrip.com International, Ltd. (CTRP)

Candriam Luxembourg S.C.A. maintained its stake in shares of Ctrip.com International, Ltd. (NASDAQ:CTRP) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 22,000 shares of the company’s stock at the end of the second quarter. Candriam Luxembourg S.C.A.’s holdings in Ctrip.com International were worth $1,185,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of CTRP. Baillie Gifford & Co. increased its stake in shares of Ctrip.com International by 4.1% in the first quarter. Baillie Gifford & Co. now owns 51,643,569 shares of the company’s stock valued at $2,538,282,000 after buying an additional 2,041,906 shares during the last quarter. Fisher Asset Management LLC increased its stake in shares of Ctrip.com International by 3.1% in the second quarter. Fisher Asset Management LLC now owns 10,122,535 shares of the company’s stock valued at $545,200,000 after buying an additional 302,795 shares during the last quarter. FMR LLC increased its stake in shares of Ctrip.com International by 8.3% in the first quarter. FMR LLC now owns 10,095,100 shares of the company’s stock valued at $496,175,000 after buying an additional 772,591 shares during the last quarter. FIL Ltd increased its stake in shares of Ctrip.com International by 11.5% in the first quarter. FIL Ltd now owns 4,899,813 shares of the company’s stock valued at $240,826,000 after buying an additional 505,886 shares during the last quarter. Finally, Schroder Investment Management Group increased its stake in shares of Ctrip.com International by 43.8% in the first quarter. Schroder Investment Management Group now owns 4,636,039 shares of the company’s stock valued at $230,365,000 after buying an additional 1,411,587 shares during the last quarter. 66.01% of the stock is currently owned by institutional investors and hedge funds.

Ctrip.com International, Ltd. (NASDAQ:CTRP) opened at 53.85 on Friday. Ctrip.com International, Ltd. has a 12-month low of $39.71 and a 12-month high of $60.65.

TRADEMARK VIOLATION WARNING: “Candriam Luxembourg S.C.A. Has $1,185,000 Position in Ctrip.com International, Ltd. (CTRP)” was originally published by Transcript Daily and is the property of of Transcript Daily. If you are reading this piece of content on another publication, it was illegally copied and republished in violation of US and international copyright and trademark law. The legal version of this piece of content can be viewed at https://transcriptdaily.com/2017/08/13/candriam-luxembourg-s-c-a-has-1185000-position-in-ctrip-com-international-ltd-ctrp.html.

CTRP has been the topic of several research analyst reports. Stifel Nicolaus raised their price objective on Ctrip.com International from $58.00 to $63.00 and gave the stock a “buy” rating in a research note on Thursday, May 11th. ValuEngine raised Ctrip.com International from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Bank of America Corporation set a $64.00 price objective on Ctrip.com International and gave the stock a “buy” rating in a research note on Friday, May 12th. Zacks Investment Research downgraded Ctrip.com International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 8th. Finally, Oppenheimer Holdings, Inc. reaffirmed an “outperform” rating and set a $65.00 price objective (up previously from $60.00) on shares of Ctrip.com International in a research note on Friday, May 12th. Four equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $57.73.

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.

Want to see what other hedge funds are holding CTRP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ctrip.com International, Ltd. (NASDAQ:CTRP).

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

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.

Leave a Reply