Millennium Management LLC Sells 1,134 Shares of Daily Journal Co. (NASDAQ:DJCO)

Millennium Management LLC lessened its holdings in shares of Daily Journal Co. (NASDAQ:DJCO - Free Report) by 57.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 852 shares of the company's stock after selling 1,134 shares during the quarter. Millennium Management LLC owned 0.06% of Daily Journal worth $484,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of DJCO. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Daily Journal by 4.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 788 shares of the company's stock worth $448,000 after acquiring an additional 35 shares in the last quarter. New Age Alpha Advisors LLC bought a new stake in Daily Journal in the 4th quarter valued at $37,000. Invesco Ltd. boosted its stake in Daily Journal by 9.5% in the 4th quarter. Invesco Ltd. now owns 807 shares of the company's stock worth $458,000 after purchasing an additional 70 shares during the period. Principal Financial Group Inc. increased its holdings in Daily Journal by 12.7% during the 4th quarter. Principal Financial Group Inc. now owns 710 shares of the company's stock worth $403,000 after purchasing an additional 80 shares in the last quarter. Finally, MetLife Investment Management LLC raised its stake in shares of Daily Journal by 11.8% in the 4th quarter. MetLife Investment Management LLC now owns 844 shares of the company's stock valued at $479,000 after purchasing an additional 89 shares during the period. Institutional investors own 51.23% of the company's stock.

Daily Journal Stock Up 0.1%

Shares of DJCO stock traded up $0.47 on Monday, hitting $422.30. 53,104 shares of the stock were exchanged, compared to its average volume of 18,089. The company has a current ratio of 12.31, a quick ratio of 10.26 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $581.51 million, a P/E ratio of 7.61 and a beta of 0.84. Daily Journal Co. has a fifty-two week low of $359.34 and a fifty-two week high of $602.00. The business has a 50-day moving average of $396.26 and a 200 day moving average of $448.89.

Daily Journal (NASDAQ:DJCO - Get Free Report) last issued its quarterly earnings results on Tuesday, May 20th. The company reported $32.43 earnings per share for the quarter. The company had revenue of $18.18 million during the quarter. Daily Journal had a net margin of 106.63% and a return on equity of 20.64%.

About Daily Journal

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.