Ctrip.Com Intl Sponsored Adr (CTRP) Shareholder Baillie Gifford & Company Increased Its Holding by $5.04 Million as Share Price Rose

February 24, 2018 - By Peter Erickson

Baillie Gifford & Company increased its stake in Ctrip.Com Intl Sponsored Adr (CTRP) by 0.19% based on its latest 2017Q3 regulatory filing with the SEC. Baillie Gifford & Company bought 96,995 shares as the company’s stock rose 23.06% with the market. The institutional investor held 51.54M shares of the miscellaneous company at the end of 2017Q3, valued at $2.72 billion, up from 51.44M at the end of the previous reported quarter. Baillie Gifford & Company who had been investing in Ctrip.Com Intl Sponsored Adr for a number of months, seems to be bullish on the $24.85 billion market cap company. The stock increased 0.98% or $0.46 during the last trading session, reaching $47.45. About 2.43 million shares traded. Ctrip.com International, Ltd. (NASDAQ:CTRP) has risen 31.59% since February 24, 2017 and is uptrending. It has outperformed by 14.89% the S&P500.

Baillie Gifford & Company, which manages about $78.99B US Long portfolio, decreased its stake in Copa Holdings S A (NYSE:CPA) by 77,012 shares to 2.31 million shares, valued at $287.16 million in 2017Q3, according to the filing. It also reduced its holding in Nvidia (NASDAQ:NVDA) by 1.27M shares in the quarter, leaving it with 11.22 million shares, and cut its stake in Seattle Genetics (NASDAQ:SGEN).

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) Continues Strong Growth, Expands Margins” published on May 11, 2017, Fool.com published: “Can Ctrip.com International, Ltd. (ADR) Keep the Momentum Going?” on February 01, 2016. More interesting news about Ctrip.com International, Ltd. (NASDAQ:CTRP) were released by: Marketwatch.com and their article: “Ctrip.com International Ltd. ADR” published on May 17, 2012 as well as Fool.com‘s news article titled: “Why Ctrip.com International Ltd. Stock Dropped 14% in August” with publication date: September 07, 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. Piper Jaffray maintained the stock with “Buy” rating in Tuesday, August 4 report. The firm has “Buy” rating given on Monday, August 10 by Zacks. Brean Capital maintained the stock with “Buy” rating in Thursday, November 19 report. The rating was initiated by Bernstein with “Mkt Perform” on Wednesday, January 11. Piper Jaffray maintained the stock with “Buy” rating in Friday, August 14 report. As per Friday, November 13, the company rating was downgraded by Raymond James. The stock of Ctrip.com International, Ltd. (NASDAQ:CTRP) has “Hold” rating given on Tuesday, December 8 by HSBC. The stock of Ctrip.com International, Ltd. (NASDAQ:CTRP) has “Buy” rating given on Monday, September 21 by Summit Research. Oppenheimer maintained the shares of CTRP in report on Wednesday, August 5 with “Outperform” rating. Oppenheimer maintained Ctrip.com International, Ltd. (NASDAQ:CTRP) rating on Thursday, January 14. Oppenheimer has “Outperform” rating and $60 target.

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