Fil LTD Stake in Ctrip Com Intl LTD (CTRP) Has Lifted as Stock Price Rose

February 19, 2018 - By Adrian Mccoy

Fil Ltd increased its stake in Ctrip Com Intl Ltd (CTRP) by 10.19% based on its latest 2017Q3 regulatory filing with the SEC. Fil Ltd bought 576,446 shares as the company’s stock rose 23.06% with the market. The institutional investor held 6.23M shares of the miscellaneous company at the end of 2017Q3, valued at $328.71 million, up from 5.66 million at the end of the previous reported quarter. Fil Ltd who had been investing in Ctrip Com Intl Ltd for a number of months, seems to be bullish on the $24.42 billion market cap company. The stock increased 0.78% or $0.36 during the last trading session, reaching $46.64. About 3.99 million shares traded. Ctrip.com International, Ltd. (NASDAQ:CTRP) has risen 31.59% since February 19, 2017 and is uptrending. It has outperformed by 14.89% the S&P500.

Fil Ltd, which manages about $34.88B US Long portfolio, decreased its stake in Descartes Sys Group Inc (NASDAQ:DSGX) by 111,734 shares to 310,589 shares, valued at $8.50M in 2017Q3, according to the filing. It also reduced its holding in Lkq Corp (NASDAQ:LKQ) by 401,953 shares in the quarter, leaving it with 1.81M shares, and cut its stake in Nuance Communications Inc (NASDAQ:NUAN).

More notable recent Ctrip.com International, Ltd. (NASDAQ:CTRP) news were published by: Fool.com which released: “Ctrip.com International Ltd (ADR) Expands Margins, Looks Abroad” on February 23, 2017, also Fool.com with their article: “Ctrip.Com International Ltd (ADR) Earnings Boom, but Guidance Calls for Slowdown” published on November 03, 2017, Fool.com published: “How Will Ctrip.com International, Ltd. (ADR) Evolve in a Consolidated Market?” on August 25, 2016. More interesting news about Ctrip.com International, Ltd. (NASDAQ:CTRP) were released by: Fool.com and their article: “Ctrip.com International Ltd (ADR) Continues Strong Growth, Expands Margins” published on May 11, 2017 as well as Fool.com‘s news article titled: “Why Dollar General, Ctrip.com International, and Ciena Slumped Today” with publication date: August 31, 2017.

Ctrip.com International, Ltd. (NASDAQ:CTRP) Ratings Coverage

Among 24 analysts covering Ctrip.com International Ltd. (NASDAQ:CTRP), 18 have Buy rating, 0 Sell and 6 Hold. Therefore 75% are positive. Ctrip.com International Ltd. had 50 analyst reports since August 6, 2015 according to SRatingsIntel. The company was maintained on Thursday, March 17 by Brean Capital. The company was maintained on Friday, January 26 by Oppenheimer. Oppenheimer maintained it with “Outperform” rating and $58 target in Tuesday, October 31 report. The company was upgraded on Friday, February 19 by Credit Agricole. The stock of Ctrip.com International, Ltd. (NASDAQ:CTRP) has “Buy” rating given on Wednesday, September 23 by Credit Agricole. The firm earned “Outperform” rating on Thursday, November 19 by Oppenheimer. The firm has “Buy” rating given on Thursday, August 31 by Bank of America. J.P. Morgan downgraded Ctrip.com International, Ltd. (NASDAQ:CTRP) rating on Thursday, December 7. J.P. Morgan has “Hold” rating and $45.0 target. Raymond James downgraded the shares of CTRP in report on Friday, November 13 to “Strong Buy” rating. The firm earned “Buy” rating on Monday, October 9 by Barclays Capital.

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