Daily Journal Corp. (S.C.) $DJCO is Advisory Research Inc.'s 7th Largest Position

Key Points

• Advisory Research Inc. increased its stake in Daily Journal by 51.9% in Q3 to 57,467 shares, making DJCO its 7th-largest holding (about 3.5% of the fund) and representing roughly 4.17% of Daily Journal valued at $26.73 million.
• Institutional ownership stands at about 51.23%, with several funds (State of Alaska Dept. of Revenue, Entropy Technologies, Intech, XTX Topco, GSA Capital) recently initiating or increasing positions in DJCO.
• DJCO trades near $520 (50-day MA $564.45, 200-day MA $490.45) with a market cap of $717.6M and a P/E of 7.68; the company reported quarterly EPS of ($5.79) on $19.54M of revenue and a 12‑month range of $348.63–$674.75.

Advisory Research Inc. lifted its holdings in shares of Daily Journal Corp. (S.C.) (NASDAQ:DJCO - Free Report) by 51.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 57,467 shares of the company's stock after acquiring an additional 19,627 shares during the period. Daily Journal Corp. (S.C.) accounts for about 3.5% of Advisory Research Inc.'s holdings, making the stock its 7th biggest position. Advisory Research Inc. owned approximately 4.17% of Daily Journal Corp. (S.C.) worth $26,730,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. State of Alaska Department of Revenue acquired a new position in Daily Journal Corp. (S.C.) in the 3rd quarter valued at about $27,000. Entropy Technologies LP purchased a new position in shares of Daily Journal Corp. (S.C.) in the 2nd quarter valued at approximately $211,000. Intech Investment Management LLC grew its stake in shares of Daily Journal Corp. (S.C.) by 11.9% in the 2nd quarter. Intech Investment Management LLC now owns 600 shares of the company's stock valued at $253,000 after purchasing an additional 64 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of Daily Journal Corp. (S.C.) in the 2nd quarter worth $314,000. Finally, GSA Capital Partners LLP purchased a new position in Daily Journal Corp. (S.C.) during the third quarter worth about $434,000. 51.23% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

DJCO has been the subject of several research analyst reports. Weiss Ratings reiterated a "hold (c+)" rating on shares of Daily Journal Corp. (S.C.) in a research report on Wednesday, January 21st. Wall Street Zen cut shares of Daily Journal Corp. (S.C.) from a "hold" rating to a "sell" rating in a research note on Saturday, February 21st. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of "Hold".

Daily Journal Corp. (S.C.) Stock Down 3.5%

Shares of NASDAQ DJCO opened at $520.03 on Friday. The firm's 50-day moving average is $564.45 and its two-hundred day moving average is $490.45. The company has a market capitalization of $717.64 million, a PE ratio of 7.68 and a beta of 0.82. Daily Journal Corp. has a 12-month low of $348.63 and a 12-month high of $674.75. The company has a debt-to-equity ratio of 0.05, a current ratio of 16.31 and a quick ratio of 16.31.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO - Get Free Report) last issued its quarterly earnings data on Tuesday, February 17th. The company reported ($5.79) earnings per share for the quarter. The business had revenue of $19.54 million for the quarter. Daily Journal Corp. (S.C.) had a return on equity of 25.60% and a net margin of 104.17%.

Daily Journal Corp. (S.C.) Profile

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.

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