The Gorman-Rupp Company (GRC) Forms $30.51 Double Top; Indus Capital Partners Increased Ctrip Com Intl LTD (CTRP) Holding By $7.77 Million

Indus Capital Partners Llc increased Ctrip Com Intl Ltd (CTRP) stake by 829.99% reported in 2017Q3 SEC filing. Indus Capital Partners Llc acquired 149,399 shares as Ctrip Com Intl Ltd (CTRP)’s stock rose 23.06%. The Indus Capital Partners Llc holds 167,399 shares with $8.83 million value, up from 18,000 last quarter. Ctrip Com Intl Ltd now has $23.99 billion valuation. The stock increased 2.19% or $0.98 during the last trading session, reaching $45.82. About 1.86 million shares traded. International, Ltd. (NASDAQ:CTRP) has risen 31.59% since January 25, 2017 and is uptrending. It has outperformed by 14.89% the S&P500.

The Gorman-Rupp Company (GRC) formed double top with $32.34 target or 6.00% above today’s $30.51 share price. The Gorman-Rupp Company (GRC) has $796.51 million valuation. The stock decreased 0.49% or $0.15 during the last trading session, reaching $30.51. About 7,101 shares traded. The Gorman-Rupp Company (NYSE:GRC) has declined 10.04% since January 25, 2017 and is downtrending. It has underperformed by 26.74% the S&P500.

Investors sentiment decreased to 1.3 in 2017 Q3. Its down 0.28, from 1.58 in 2017Q2. It fall, as 4 investors sold The Gorman-Rupp Company shares while 29 reduced holdings. 16 funds opened positions while 27 raised stakes. 13.77 million shares or 2.26% more from 13.46 million shares in 2017Q2 were reported. Bancorp Of America Corporation De holds 0% or 4,758 shares. Renaissance Limited Liability Corp reported 0% stake. Guggenheim Limited Company owns 82,433 shares or 0.01% of their US portfolio. Credit Suisse Ag holds 0% or 21,913 shares in its portfolio. Champlain Prns Limited invested in 536,515 shares. California State Teachers Retirement Sys invested in 28,226 shares or 0% of the stock. Gsa Capital Llp reported 0.08% in The Gorman-Rupp Company (NYSE:GRC). Ameriprise Incorporated stated it has 155,015 shares or 0% of all its holdings. Pnc Fincl Services Grp, a Pennsylvania-based fund reported 4,889 shares. Wcm Mngmt Ca invested 0.01% of its portfolio in The Gorman-Rupp Company (NYSE:GRC). Huntington Bank & Trust has invested 0% in The Gorman-Rupp Company (NYSE:GRC). Janney Montgomery Scott Lc reported 17,799 shares or 0.01% of all its holdings. Park Natl Corp Oh, Ohio-based fund reported 98,221 shares. Tiaa Cref Limited Liability accumulated 0% or 59,131 shares. The Ontario – Canada-based Royal National Bank Of Canada has invested 0% in The Gorman-Rupp Company (NYSE:GRC).

Analysts await The Gorman-Rupp Company (NYSE:GRC) to report earnings on February, 2. They expect $0.28 EPS, up 16.67% or $0.04 from last year’s $0.24 per share. GRC’s profit will be $7.31M for 27.24 P/E if the $0.28 EPS becomes a reality. After $0.33 actual EPS reported by The Gorman-Rupp Company for the previous quarter, Wall Street now forecasts -15.15% negative EPS growth.

Since August 18, 2017, it had 0 insider buys, and 1 insider sale for $59,900 activity. Another trade for 2,200 shares valued at $59,900 was made by LAKE CHRISTOPHER H on Friday, August 18.

Indus Capital Partners Llc decreased Baidu Inc (NASDAQ:BIDU) stake by 37,077 shares to 93,116 valued at $23.06 million in 2017Q3. It also reduced Spdr S&P 500 Etf Tr (Put) (SPY) stake by 288,800 shares and now owns 554,000 shares. Coach Inc (Call) (NYSE:COH) was reduced too.

Among 22 analysts covering International Ltd. (NASDAQ:CTRP), 18 have Buy rating, 0 Sell and 4 Hold. Therefore 82% are positive. International Ltd. had 47 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of International, Ltd. (NASDAQ:CTRP) has “Outperform” rating given on Thursday, November 19 by Oppenheimer. The rating was downgraded by JP Morgan on Thursday, December 7 to “Neutral”. As per Tuesday, December 8, the company rating was downgraded by HSBC. The rating was maintained by Benchmark with “Buy” on Thursday, November 2. Barclays Capital initiated the shares of CTRP in report on Monday, October 9 with “Buy” rating. JP Morgan initiated the stock with “Overweight” rating in Wednesday, August 31 report. As per Thursday, August 24, the company rating was maintained by Oppenheimer. The rating was upgraded by CLSA on Friday, February 19 to “Buy”. Bernstein initiated the shares of CTRP in report on Wednesday, January 11 with “Mkt Perform” rating. The stock has “Buy” rating by Brean Capital on Thursday, March 17.

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