Ctrip Com Intl LTD (CTRP) Share Value Declined While Trinity Street Asset Management Llp Lowered Its Holding by $6.26 Million

September 8, 2018 - By Margaret Guttierez

Trinity Street Asset Management Llp decreased its stake in Ctrip Com Intl Ltd (CTRP) by 11.5% based on its latest 2018Q1 regulatory filing with the SEC. Trinity Street Asset Management Llp sold 135,984 shares as the company’s stock declined 1.25% with the market. The institutional investor held 1.05M shares of the miscellaneous company at the end of 2018Q1, valued at $48.77 million, down from 1.18 million at the end of the previous reported quarter. Trinity Street Asset Management Llp who had been investing in Ctrip Com Intl Ltd for a number of months, seems to be less bullish one the $20.48B market cap company. The stock decreased 3.64% or $1.42 during the last trading session, reaching $37.56. About 7.66M shares traded or 58.91% up from the average. Ctrip.com International, Ltd. (NASDAQ:CTRP) has declined 16.53% since September 8, 2017 and is downtrending. It has underperformed by 29.10% the S&P500.

More important recent Ctrip.com International, Ltd. (NASDAQ:CTRP) news were published by: Globenewswire.com which released: “Trip.com Launches Emergency Response Plan Following Hokkaido Earthquake” on September 06, 2018, also Seekingalpha.com published article titled: “Stocks To Watch: Time To Talk Valuation”, Benzinga.com published: “21 Stocks Moving In Thursday’s Pre-Market Session” on September 06, 2018. More interesting news about Ctrip.com International, Ltd. (NASDAQ:CTRP) was released by: Nasdaq.com and their article: “Ctrip.com (CTRP) Stock Up as Q2 Earnings Gained More Than 500%” with publication date: September 06, 2018.

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

Among 9 analysts covering Ctripcom (NASDAQ:CTRP), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Ctripcom had 9 analyst reports since March 15, 2018 according to SRatingsIntel. As per Wednesday, June 6, the company rating was maintained by Oppenheimer. The rating was upgraded by TH Data Capital on Monday, May 21 to “Buy”. On Thursday, March 15 the stock rating was maintained by Cowen & Co with “Buy”. The company was maintained on Monday, July 30 by Barclays Capital. The stock of Ctrip.com International, Ltd. (NASDAQ:CTRP) earned “Buy” rating by Daiwa Securities on Tuesday, June 26. UBS maintained Ctrip.com International, Ltd. (NASDAQ:CTRP) rating on Monday, August 13. UBS has “Buy” rating and $50 target. Nomura maintained the stock with “Buy” rating in Monday, March 19 report. The rating was maintained by JP Morgan with “Neutral” on Monday, March 19. Wells Fargo maintained it with “Market Perform” rating and $42 target in Thursday, September 6 report.

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

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