Daiwa SB Investments Ltd. lessened its stake in shares of Ctrip.Com International Ltd (NASDAQ:CTRP) by 65.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 17,500 shares of the company’s stock after selling 32,900 shares during the period. Daiwa SB Investments Ltd.’s holdings in Ctrip.Com International were worth $772,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of the stock. First Citizens Bank & Trust Co. bought a new position in Ctrip.Com International during the 4th quarter valued at approximately $353,000. WIM Asset Management HK Ltd bought a new position in Ctrip.Com International during the 4th quarter valued at approximately $8,681,000. Belpointe Asset Management LLC bought a new position in Ctrip.Com International during the 3rd quarter valued at approximately $701,000. Fieldpoint Private Securities LLC bought a new position in Ctrip.Com International during the 3rd quarter valued at approximately $263,000. Finally, Guardian Capital LP increased its position in Ctrip.Com International by 29.6% during the 3rd quarter. Guardian Capital LP now owns 45,610 shares of the company’s stock valued at $2,405,000 after buying an additional 10,430 shares in the last quarter. 68.32% of the stock is owned by institutional investors.
Shares of Ctrip.Com International Ltd (NASDAQ:CTRP) opened at $47.66 on Friday. The company has a market capitalization of $24,486.68, a price-to-earnings ratio of 79.52 and a beta of 1.75. Ctrip.Com International Ltd has a fifty-two week low of $42.53 and a fifty-two week high of $60.65. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.40.
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Ctrip.Com International Company Profile
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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