China Distance Education Holdings Ltd (DL) Stake Maintained by Zhu Zhengdong

Zhu Zhengdong

recently disclosed that they own a 37.3% stake in China Distance Education Holdings Ltd (NYSE:DL) in a Form 13D/A disclosure that was filed with the SEC on Thursday, April 20th. The investor owns 49,245,049 shares of the stock worth $499,344,797. The reporting parties listed on the disclosure included Zhengdong Zhu, Baohong Yin and Champion Shine Trading Limited. The disclosure is available through EDGAR at this link.

Several other large investors also recently modified their holdings of the stock. Jupiter Asset Management Ltd. boosted its stake in shares of China Distance Education Holdings by 0.4% in the fourth quarter. Jupiter Asset Management Ltd. now owns 818,424 shares of the technology company’s stock valued at $9,150,000 after buying an additional 3,607 shares during the last quarter. State Street Corp boosted its stake in shares of China Distance Education Holdings by 13.9% in the fourth quarter. State Street Corp now owns 30,671 shares of the technology company’s stock valued at $343,000 after buying an additional 3,733 shares during the last quarter. Renaissance Technologies LLC boosted its stake in shares of China Distance Education Holdings by 6.2% in the fourth quarter. Renaissance Technologies LLC now owns 387,624 shares of the technology company’s stock valued at $4,334,000 after buying an additional 22,724 shares during the last quarter. Susquehanna International Group LLP boosted its stake in shares of China Distance Education Holdings by 194.6% in the third quarter. Susquehanna International Group LLP now owns 12,483 shares of the technology company’s stock valued at $161,000 after buying an additional 25,683 shares during the last quarter. Finally, Van Berkom & Associates Inc. boosted its stake in shares of China Distance Education Holdings by 79.4% in the third quarter. Van Berkom & Associates Inc. now owns 101,858 shares of the technology company’s stock valued at $1,316,000 after buying an additional 45,076 shares during the last quarter. 19.12% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for China Distance Education Holdings (NYSE:DL)

Shares of China Distance Education Holdings Ltd (NYSE:DL) traded down 2.32% during midday trading on Thursday, hitting $10.12. The stock had a trading volume of 45,763 shares. The stock has a market cap of $333.59 million, a price-to-earnings ratio of 11.18 and a beta of 1.80. The firm’s 50-day moving average price is $10.23 and its 200-day moving average price is $11.38. China Distance Education Holdings Ltd has a 1-year low of $8.97 and a 1-year high of $14.31.

China Distance Education Holdings (NYSE:DL) last posted its earnings results on Tuesday, February 21st. The technology company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.12. China Distance Education Holdings had a return on equity of 50.03% and a net margin of 22.37%. The firm had revenue of $32 million for the quarter, compared to the consensus estimate of $28.20 million. During the same quarter in the prior year, the business earned $0.13 EPS. Analysts forecast that China Distance Education Holdings Ltd will post $0.87 earnings per share for the current year.

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China Distance Education Holdings Company Profile

China Distance Education Holdings Limited is a holding company. The Company is engaged in providing online and offline education services, and selling related products in the People’s Republic of China (PRC). The Company’s segments include online education services, business start-up training services and the sale of learning simulation software.

5 Day Chart for NYSE:DL

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