Keywise Capital Management LTD Has Trimmed Its Ctrip Com Intl LTD (CTRP) Stake by $2.36 Million as Stock Rose; Fairfax Financial Holdings LTD Can Cut Holding in Intl Business Machs (IBM) by $107.10 Million as Shares Declined

December 16, 2017 - By Ellis Scott

Prem Watsa decreased its stake in Intl Business Machs Corp (IBM) by 51.4% based on its latest 2017Q2 regulatory filing with the SEC. Fairfax Financial Holdings Ltd Can sold 700,000 shares as the company’s stock declined 15.88% while stock markets rallied. The hedge fund run by Prem Watsa held 661,900 shares of the computer manufacturing company at the end of 2017Q2, valued at $101.82M, down from 1.36M at the end of the previous reported quarter. Fairfax Financial Holdings Ltd Can who had been investing in Intl Business Machs Corp for a number of months, seems to be less bullish one the $141.18 billion market cap company. The stock decreased 0.97% or $1.5 during the last trading session, reaching $152.5. About 11.28 million shares traded or 138.66% up from the average. International Business Machines Corporation (NYSE:IBM) has risen 4.86% since December 16, 2016 and is uptrending. It has underperformed by 11.84% the S&P500.

Fang Zheng decreased its stake in Ctrip Com Intl Ltd (CTRP) by 30.56% based on its latest 2017Q2 regulatory filing with the SEC. Keywise Capital Management Ltd sold 44,600 shares as the company’s stock rose 23.06% with the market. The hedge fund run by Fang Zheng held 101,330 shares of the miscellaneous company at the end of 2017Q2, valued at $5.46 million, down from 145,930 at the end of the previous reported quarter. Keywise Capital Management Ltd who had been investing in Ctrip Com Intl Ltd for a number of months, seems to be less bullish one the $23.05 billion market cap company. The stock increased 1.01% or $0.44 during the last trading session, reaching $44.01. About 7.03M shares traded or 46.83% up from the average. Ctrip.com International, Ltd. (NASDAQ:CTRP) has risen 31.59% since December 16, 2016 and is uptrending. It has outperformed by 14.89% the S&P500.

Analysts await Ctrip.com International, Ltd. (NASDAQ:CTRP) to report earnings on February, 28. They expect $0.03 EPS, down 82.35% or $0.14 from last year’s $0.17 per share. CTRP’s profit will be $15.71M for 366.75 P/E if the $0.03 EPS becomes a reality. After $0.32 actual EPS reported by Ctrip.com International, Ltd. for the previous quarter, Wall Street now forecasts -90.63% negative EPS growth.

Among 21 analysts covering Ctrip.com International Ltd. (NASDAQ:CTRP), 18 have Buy rating, 0 Sell and 3 Hold. Therefore 86% are positive. Ctrip.com International Ltd. had 46 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was downgraded by JP Morgan to “Neutral” on Thursday, December 7. Brean Capital maintained the shares of CTRP in report on Thursday, November 19 with “Buy” rating. The stock of Ctrip.com International, Ltd. (NASDAQ:CTRP) has “Outperform” rating given on Wednesday, August 5 by Oppenheimer. The rating was maintained by Brean Capital on Thursday, June 16 with “Buy”. Benchmark maintained the shares of CTRP in report on Thursday, November 2 with “Buy” rating. As per Friday, October 6, the company rating was maintained by Cowen & Co. The firm earned “Buy” rating on Friday, August 28 by Stifel Nicolaus. The rating was maintained by Piper Jaffray with “Overweight” on Thursday, November 19. The rating was maintained by Morgan Stanley with “Overweight” on Thursday, August 25. The rating was initiated by Nomura on Friday, January 22 with “Buy”.

Investors sentiment decreased to 0.72 in 2017 Q2. Its down 0.25, from 0.97 in 2017Q1. It worsened, as 100 investors sold IBM shares while 695 reduced holdings. 91 funds opened positions while 484 raised stakes. 530.91 million shares or 0.81% less from 535.24 million shares in 2017Q1 were reported. Cullen Frost Bankers holds 0.22% or 42,789 shares. Employees Retirement Association Of Colorado reported 167,247 shares or 0.19% of all its holdings. First Midwest Savings Bank Division owns 35,947 shares. Sterneck Cap Ltd Liability Corporation reported 1.96% of its portfolio in International Business Machines Corporation (NYSE:IBM). Curbstone Management owns 5,368 shares. Retail Bank Of The West owns 6,342 shares or 0.13% of their US portfolio. Kings Point Capital Mngmt reported 1,344 shares. Parallax Volatility Advisers LP holds 0.08% or 265,378 shares in its portfolio. United States Steel And Carnegie Pension Fund holds 343,192 shares or 2.2% of its portfolio. Geode Cap Limited Liability Company holds 0.56% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 9.30 million shares. First Utd Financial Bank Trust stated it has 0.29% in International Business Machines Corporation (NYSE:IBM). Horizon Invs Ltd Com invested in 0.06% or 6,163 shares. Highstreet Asset reported 73,210 shares. Ancora Advisors Ltd Llc holds 0.06% in International Business Machines Corporation (NYSE:IBM) or 6,456 shares. Altavista Wealth has invested 0.17% of its portfolio in International Business Machines Corporation (NYSE:IBM).

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