Dimensional Fund Advisors LP increased its position in Daily Journal Co. (NASDAQ:DJCO - Free Report) by 10.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 37,779 shares of the company's stock after acquiring an additional 3,635 shares during the period. Dimensional Fund Advisors LP owned approximately 2.74% of Daily Journal worth $21,457,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Barclays PLC grew its holdings in Daily Journal by 343.1% in the 3rd quarter. Barclays PLC now owns 2,233 shares of the company's stock worth $1,094,000 after buying an additional 1,729 shares in the last quarter. Angeles Wealth Management LLC acquired a new stake in Daily Journal in the fourth quarter worth about $650,000. JPMorgan Chase & Co. grew its position in Daily Journal by 341.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,966 shares of the company's stock valued at $1,454,000 after buying an additional 2,294 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Daily Journal during the 4th quarter valued at about $372,000. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Daily Journal by 1.9% during 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 in the last quarter. 51.23% of the stock is owned by institutional investors and hedge funds.
Daily Journal Price Performance
Shares of NASDAQ DJCO traded down $4.76 during mid-day trading on Friday, reaching $393.12. 4,449 shares of the company traded hands, compared to its average volume of 15,442. Daily Journal Co. has a fifty-two week low of $359.34 and a fifty-two week high of $602.00. The firm has a market cap of $541.33 million, a PE ratio of 7.09 and a beta of 0.81. The stock has a fifty day simple moving average of $386.15 and a 200-day simple moving average of $465.79. 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 (NASDAQ:DJCO - Get Free Report) last issued its quarterly earnings results on Tuesday, February 18th. The company reported $7.91 earnings per share (EPS) for the quarter. The company had revenue of $17.70 million for the quarter. Daily Journal had a return on equity of 20.64% and a net margin of 106.63%.
Daily Journal Profile
(
Free Report)
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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