China Distance Education Holdings Ltd. (NYSE:DL) posted its earnings results on Tuesday. The company reported $0.39 EPS for the quarter, beating the Zacks’ consensus estimate of $0.28 by $0.11. China Distance Education Holdings had a net margin of 24.01% and a return on equity of 45.12%. The company earned $38.20 million during the quarter, compared to analysts’ expectations of $35.70 million. The business’s revenue was up 7.3% compared to the same quarter last year.

China Distance Education Holdings (NYSE:DL) traded down 0.22% on Tuesday, hitting $13.27. 43,402 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $13.28 and its 200-day moving average price is $11.75. China Distance Education Holdings has a 12-month low of $8.97 and a 12-month high of $15.83. The company has a market cap of $442.18 million, a PE ratio of 16.86 and a beta of 1.87.

Earnings History for China Distance Education Holdings (NYSE:DL)

Several hedge funds and other institutional investors have recently made changes to their positions in DL. GSA Capital Partners LLP boosted its position in shares of China Distance Education Holdings by 51.7% in the second quarter. GSA Capital Partners LLP now owns 22,597 shares of the company’s stock worth $234,000 after buying an additional 7,697 shares during the period. D. E. Shaw & Co. Inc. boosted its position in shares of China Distance Education Holdings by 17.5% in the third quarter. D. E. Shaw & Co. Inc. now owns 57,567 shares of the company’s stock worth $744,000 after buying an additional 8,562 shares during the period. The Manufacturers Life Insurance Company acquired a new position in shares of China Distance Education Holdings during the third quarter worth $123,000. Aviva PLC boosted its position in shares of China Distance Education Holdings by 8.6% in the second quarter. Aviva PLC now owns 167,588 shares of the company’s stock worth $1,736,000 after buying an additional 13,322 shares during the period. Finally, Susquehanna International Group LLP boosted its position 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 company’s stock worth $161,000 after buying an additional 25,683 shares during the period. Hedge funds and other institutional investors own 18.92% of the company’s stock.

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A number of equities research analysts recently commented on DL shares. TheStreet raised shares of China Distance Education Holdings from a “hold” rating to a “buy” rating in a research report on Wednesday, November 16th. Piper Jaffray Cos. reissued a “buy” rating and set a $14.00 target price on shares of China Distance Education Holdings in a research report on Wednesday, August 24th. Finally, Credit Suisse Group AG raised shares of China Distance Education Holdings from an “underperform” rating to a “neutral” rating in a research report on Friday, September 2nd. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. China Distance Education Holdings has an average rating of “Hold” and an average target price of $12.18.

China Distance Education Holdings Company Profile

China Distance Education Holdings Limited (CDEL) is a holding company, which is engaged in providing online and offline education services, and selling related products in the People’s Republic of China (PRC). The Company focuses on professional education, and helping professionals that aim to obtain and maintain professional licenses.

5 Day Chart for NYSE:DL

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