Capital Advantage Inc. Makes New Investment in Daily Journal Co. (NASDAQ:DJCO)

Capital Advantage Inc. acquired a new stake in shares of Daily Journal Co. (NASDAQ:DJCO - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,407 shares of the company's stock, valued at approximately $799,000. Capital Advantage Inc. owned about 0.10% of Daily Journal as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in DJCO. Dimensional Fund Advisors LP lifted its position in shares of Daily Journal by 10.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 37,779 shares of the company's stock worth $21,457,000 after purchasing an additional 3,635 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in Daily Journal by 1.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,786 shares of the company's stock worth $4,990,000 after buying an additional 164 shares during the period. Bank of America Corp DE lifted its holdings in shares of Daily Journal by 5.1% during the fourth quarter. Bank of America Corp DE now owns 8,120 shares of the company's stock worth $4,612,000 after buying an additional 391 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of Daily Journal by 16.5% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 7,998 shares of the company's stock valued at $4,543,000 after acquiring an additional 1,131 shares during the period. Finally, Renaissance Technologies LLC grew its stake in shares of Daily Journal by 1.8% in the fourth quarter. Renaissance Technologies LLC now owns 5,711 shares of the company's stock worth $3,244,000 after acquiring an additional 100 shares during the last quarter. 51.23% of the stock is owned by institutional investors.

Daily Journal Price Performance

NASDAQ:DJCO opened at $373.56 on Tuesday. The company has a debt-to-equity ratio of 0.10, a current ratio of 12.31 and a quick ratio of 10.26. Daily Journal Co. has a one year low of $359.34 and a one year high of $602.00. The company has a fifty day moving average price of $385.54 and a 200 day moving average price of $468.24. The stock has a market cap of $514.39 million, a P/E ratio of 6.73 and a beta of 0.89.

Daily Journal (NASDAQ:DJCO - Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The company reported $7.91 EPS for the quarter. Daily Journal had a net margin of 106.63% and a return on equity of 20.64%. The business had revenue of $17.70 million during the quarter.

Daily Journal Company Profile

Daily Journal Corporation operates in publishing of newspapers and websites covering in California, Arizona, Utah, and Australia. It operates in two segments, Traditional Business and Journal Technologies. The company publishes 10 newspapers of general circulation, including Los Angeles Daily Journal, San Francisco Daily Journal, Daily Commerce, The Daily Recorder, The Inter-City Express, San Jose Post-Record, Orange County Reporter, Business Journal, The Daily Transcript, and The Record Reporter.

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