Today The 5,328,273 Shares in Ctrip.com International, Ltd. (CTRP) Acquired by Winslow Capital Management LLC

Today The 5,328,273 Shares in Ctrip.com International, Ltd. (CTRP) Acquired by Winslow Capital Management LLC

Winslow Capital Management LLC acquired a new position in shares of Ctrip.com International, Ltd. (NASDAQ:CTRP) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 5,328,273 shares of the company’s stock, valued at approximately $248,137,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in CTRP. BNP Paribas Arbitrage SA increased its position in shares of Ctrip.com International by 139.6% in the second quarter. BNP Paribas Arbitrage SA now owns 1,045,580 shares of the company’s stock worth $43,078,000 after buying an additional 609,284 shares during the period. Bank of Montreal Can bought a new position in shares of Ctrip.com International during the second quarter worth about $9,573,000. Strs Ohio bought a new position in shares of Ctrip.com International during the second quarter worth about $1,466,000. Candriam Luxembourg S.C.A. increased its position in shares of Ctrip.com International by 175.0% in the second quarter. Candriam Luxembourg S.C.A. now owns 22,000 shares of the company’s stock worth $906,000 after buying an additional 14,000 shares during the period. Finally, American Century Companies Inc. increased its position in shares of Ctrip.com International by 76.3% in the second quarter. American Century Companies Inc. now owns 337,258 shares of the company’s stock worth $13,895,000 after buying an additional 145,949 shares during the period. Institutional investors own 71.28% of the company’s stock.

Shares of Ctrip.com International, Ltd. (NASDAQ:CTRP) traded up 0.05% during trading on Wednesday, reaching $43.90. The company’s stock had a trading volume of 236,287 shares. The stock has a 50 day moving average of $42.15 and a 200-day moving average of $44.16. Ctrip.com International, Ltd. has a 1-year low of $35.50 and a 1-year high of $49.62. The company’s market capitalization is $20.76 billion.

Ctrip.com International (NASDAQ:CTRP) last issued its quarterly earnings results on Wednesday, November 23rd. The company reported $0.17 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.11 by $0.06. The firm had revenue of $836 million for the quarter. Ctrip.com International had a negative return on equity of 3.17% and a negative net margin of 11.48%. The business’s revenue was up 61.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.10 earnings per share. On average, analysts expect that Ctrip.com International, Ltd. will post ($0.62) earnings per share for the current year.

A number of research analysts recently issued reports on CTRP shares. Zacks Investment Research downgraded Ctrip.com International from a “hold” rating to a “sell” rating in a research note on Tuesday, November 15th. HSBC Holdings plc upgraded Ctrip.com International from a “hold” rating to a “buy” rating and upped their price target for the stock from $46.00 to $53.00 in a research note on Friday, November 25th. Brean Capital restated a “buy” rating on shares of Ctrip.com International in a research note on Friday, November 25th. Credit Suisse Group restated a “buy” rating on shares of Ctrip.com International in a research note on Tuesday, November 29th. Finally, Oppenheimer Holdings, Inc. restated an “outperform” rating and issued a $55.00 price target on shares of Ctrip.com International in a research note on Wednesday, November 30th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $53.68.

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.

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