Benjamin F. Edwards & Company Inc. Sells 500 Shares of Ctrip.Com International Ltd (CTRP)

Benjamin F. Edwards & Company Inc. trimmed its stake in Ctrip.Com International Ltd (NASDAQ:CTRP) by 20.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,900 shares of the company’s stock after selling 500 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in Ctrip.Com International were worth $51,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Advisors Asset Management Inc. grew its stake in Ctrip.Com International by 21.7% during the 4th quarter. Advisors Asset Management Inc. now owns 4,226 shares of the company’s stock valued at $114,000 after purchasing an additional 753 shares during the last quarter. Xact Kapitalforvaltning AB grew its stake in Ctrip.Com International by 25.1% during the 4th quarter. Xact Kapitalforvaltning AB now owns 66,791 shares of the company’s stock valued at $1,807,000 after purchasing an additional 13,400 shares during the last quarter. Banque Pictet & Cie SA grew its stake in Ctrip.Com International by 19.2% during the 4th quarter. Banque Pictet & Cie SA now owns 15,550 shares of the company’s stock valued at $421,000 after purchasing an additional 2,500 shares during the last quarter. Broad Peak Investment Management LTD. grew its stake in Ctrip.Com International by 39.7% during the 4th quarter. Broad Peak Investment Management LTD. now owns 117,100 shares of the company’s stock valued at $3,169,000 after purchasing an additional 33,300 shares during the last quarter. Finally, Wetherby Asset Management Inc. grew its stake in Ctrip.Com International by 16.7% during the 4th quarter. Wetherby Asset Management Inc. now owns 8,114 shares of the company’s stock valued at $220,000 after purchasing an additional 1,161 shares during the last quarter. 63.89% of the stock is owned by hedge funds and other institutional investors.

Several analysts have weighed in on the company. Barclays set a $45.00 price target on Ctrip.Com International and gave the company a “buy” rating in a research note on Thursday, October 18th. BidaskClub upgraded Ctrip.Com International from a “strong sell” rating to a “sell” rating in a research note on Friday, November 2nd. ValuEngine upgraded Ctrip.Com International from a “sell” rating to a “hold” rating in a research note on Thursday, November 1st. Wells Fargo & Co restated a “hold” rating on shares of Ctrip.Com International in a research note on Wednesday, October 17th. Finally, CLSA downgraded Ctrip.Com International from an “outperform” rating to an “underperform” rating and set a $38.00 target price on the stock. in a research note on Thursday, November 8th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $39.40.

Shares of CTRP stock opened at $33.87 on Thursday. The company has a market cap of $18.39 billion, a price-to-earnings ratio of 57.41, a price-to-earnings-growth ratio of 5.33 and a beta of 1.69. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.29. Ctrip.Com International Ltd has a 12-month low of $25.00 and a 12-month high of $51.91.

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About Ctrip.Com International

Ctrip.com International, Ltd. operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours, and corporate travel management in China. The company acts as an agent for hotel-related transactions and selling air tickets; and provides other related services, including sale of aviation and train insurance, air-ticket delivery services, online check-in, and other value-added services, such as online seat selection and real-time flight status.

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

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