Bank of America Corp DE increased its stake in Daily Journal Corp. (S.C.) (NASDAQ:DJCO - Free Report) by 51.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,971 shares of the company's stock after purchasing an additional 4,077 shares during the quarter. Bank of America Corp DE owned 0.87% of Daily Journal Corp. (S.C.) worth $5,774,000 at the end of the most recent quarter.
A number of other large investors have also added to or reduced their stakes in DJCO. Principal Financial Group Inc. bought a new position in Daily Journal Corp. (S.C.) in the 1st quarter worth $4,169,000. Legato Capital Management LLC grew its holdings in Daily Journal Corp. (S.C.) by 18.2% during the fourth quarter. Legato Capital Management LLC now owns 14,217 shares of the company's stock valued at $6,928,000 after purchasing an additional 2,190 shares during the period. Y Intercept Hong Kong Ltd purchased a new stake in Daily Journal Corp. (S.C.) in the first quarter worth about $444,000. Quantinno Capital Management LP increased its position in Daily Journal Corp. (S.C.) by 311.5% in the first quarter. Quantinno Capital Management LP now owns 1,860 shares of the company's stock worth $897,000 after buying an additional 1,408 shares in the last quarter. Finally, UBS Group AG raised its stake in shares of Daily Journal Corp. (S.C.) by 164.7% in the fourth quarter. UBS Group AG now owns 12,450 shares of the company's stock worth $6,067,000 after buying an additional 7,747 shares during the period. Institutional investors own 51.23% of the company's stock.
Daily Journal Corp. (S.C.) Stock Up 2.3%
Shares of DJCO stock opened at $633.05 on Thursday. The company's fifty day simple moving average is $582.39 and its two-hundred day simple moving average is $537.31. Daily Journal Corp. has a 52 week low of $348.63 and a 52 week high of $674.75. The stock has a market cap of $873.61 million, a P/E ratio of -77.01 and a beta of 0.84. The company has a quick ratio of 11.65, a current ratio of 11.65 and a debt-to-equity ratio of 0.06.
Daily Journal Corp. (S.C.) (NASDAQ:DJCO - Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The company reported ($7.90) earnings per share for the quarter. The firm had revenue of $26.98 million for the quarter. Daily Journal Corp. (S.C.) had a negative net margin of 11.63% and a negative return on equity of 3.11%.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on DJCO shares. Weiss Ratings downgraded Daily Journal Corp. (S.C.) from a "hold (c)" rating to a "hold (c-)" rating in a research note on Friday, August 14th. Wall Street Zen raised shares of Daily Journal Corp. (S.C.) from a "sell" rating to a "hold" rating in a report on Saturday, August 22nd. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Daily Journal Corp. (S.C.) has a consensus rating of "Hold".
Read Our Latest Stock Analysis on Daily Journal Corp. (S.C.)
Daily Journal Corp. (S.C.) Company Profile
(
Free Report)
Daily Journal Corporation NASDAQ: DJCO is a diversified media and technology company headquartered in Los Angeles, California. The company operates in two primary segments: legal publishing and software solutions. Its publishing arm produces the Los Angeles Daily Journal and the San Francisco Daily Journal, which provide daily coverage of legal news, court decisions, opinion pieces and public notices to attorneys, judges and legal professionals across California.
In addition to its flagship newspapers, Daily Journal Corp.
Featured Articles
Want to see what other hedge funds are holding DJCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Daily Journal Corp. (S.C.) (NASDAQ:DJCO - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Daily Journal Corp. (S.C.), you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Daily Journal Corp. (S.C.) wasn't on the list.
While Daily Journal Corp. (S.C.) currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
