Temasek Holdings Private LTD Lifted Its Ctrip Com Intl LTD (CTRP) Stake by $172.66 Million

July 18, 2017 - By Hazel Jackson

Temasek Holdings Private Ltd increased its stake in Ctrip Com Intl Ltd (CTRP) by 1264.3% based on its latest 2016Q4 regulatory filing with the SEC. Temasek Holdings Private Ltd bought 4.43 million shares as the company’s stock rose 23.06% with the market. The institutional investor held 4.78M shares of the miscellaneous company at the end of 2016Q4, valued at $191.09M, up from 350,159 at the end of the previous reported quarter. Temasek Holdings Private Ltd who had been investing in Ctrip Com Intl Ltd for a number of months, seems to be bullish on the $29.86B market cap company. The stock decreased 1.11% or $0.64 during the last trading session, reaching $56.85. About shares traded. Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) has risen 31.59% since July 18, 2016 and is uptrending. It has outperformed by 14.89% the S&P500.

More notable recent Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) news were published by: Benzinga.com which released: “JPMorgan Declares Ctrip The Winner Of China’s Travel Market Consolidation” on August 31, 2016, also Seekingalpha.com with their article: “Ctrip.com International’s (CTRP) CEO James Liang on Q3 2016 Results – Earnings …” published on November 24, 2016, Fool.com published: “Ctrip.com International, Ltd. (ADR) Calms Investors’ Nerves” on June 17, 2016. More interesting news about Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) were released by: Seekingalpha.com and their article: “Five Good Reasons To Buy Ctrip” published on September 10, 2016 as well as Fool.com‘s news article titled: “Ctrip.com International Ltd (ADR) Continues Strong Growth, Expands Margins” with publication date: May 11, 2017.

Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) Ratings Coverage

Among 16 analysts covering Ctrip.com International Ltd. (NASDAQ:CTRP), 15 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. Ctrip.com International Ltd. has $130 highest and $5 lowest target. $62.61’s average target is 10.13% above currents $56.85 stock price. Ctrip.com International Ltd. had 33 analyst reports since August 6, 2015 according to SRatingsIntel. Credit Suisse initiated Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) rating on Friday, September 2. Credit Suisse has “Outperform” rating and $58 target. The stock of Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) earned “Buy” rating by CLSA on Friday, February 19. The company was upgraded on Monday, October 26 by Goldman Sachs. As per Friday, November 25, the company rating was upgraded by HSBC. The stock of Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) has “Outperform” rating given on Tuesday, October 27 by Oppenheimer. The rating was maintained by Stifel Nicolaus on Thursday, November 19 with “Buy”. The rating was maintained by Piper Jaffray on Friday, August 14 with “Buy”. The stock has “Buy” rating by Nomura on Friday, January 22. The firm has “Buy” rating given on Monday, August 10 by Zacks. Bernstein initiated Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) rating on Wednesday, January 11. Bernstein has “Mkt Perform” rating and $41 target.

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