Strs Ohio Buys New Stake in Daily Journal Corp. (S.C.) $DJCO

Key Points

• Strs Ohio acquired a new position in Daily Journal Corp. (S.C.) by purchasing 700 shares valued at approximately $278,000, representing about 0.05% of the company.
• Other institutional investors, including RWWM Inc. and GAMMA Investing LLC, have also increased their stakes in Daily Journal Corp. significantly during the first quarter of the year.
• The company's stock is currently trading at $473.88, reflecting an increase of 4.5%, with a 52-week low of $359.34 and a high of $602.00.

Strs Ohio purchased a new position in Daily Journal Corp. (S.C.) (NASDAQ:DJCO - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 700 shares of the company's stock, valued at approximately $278,000. Strs Ohio owned about 0.05% of Daily Journal Corp. (S.C.) at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in DJCO. RWWM Inc. grew its position in shares of Daily Journal Corp. (S.C.) by 2.7% in the first quarter. RWWM Inc. now owns 325,419 shares of the company's stock valued at $129,432,000 after purchasing an additional 8,705 shares during the period. GAMMA Investing LLC raised its stake in shares of Daily Journal Corp. (S.C.) by 114,237.5% in the 1st quarter. GAMMA Investing LLC now owns 9,147 shares of the company's stock valued at $3,638,000 after acquiring an additional 9,139 shares during the period. Bank of America Corp DE raised its stake in shares of Daily Journal Corp. (S.C.) by 5.1% in the 4th quarter. Bank of America Corp DE now owns 8,120 shares of the company's stock valued at $4,612,000 after acquiring an additional 391 shares during the period. Nuveen LLC purchased a new stake in Daily Journal Corp. (S.C.) during the 1st quarter worth approximately $1,254,000. Finally, American Century Companies Inc. increased its stake in Daily Journal Corp. (S.C.) by 9.7% during the 1st quarter. American Century Companies Inc. now owns 2,785 shares of the company's stock worth $1,108,000 after buying an additional 247 shares during the period. Institutional investors and hedge funds own 51.23% of the company's stock.

Daily Journal Corp. (S.C.) Trading Up 4.5%

NASDAQ DJCO opened at $473.88 on Thursday. The firm has a 50 day moving average of $437.53 and a two-hundred day moving average of $412.60. Daily Journal Corp. has a 52 week low of $359.34 and a 52 week high of $602.00. The company has a quick ratio of 12.41, a current ratio of 12.42 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $653.95 million, a PE ratio of 6.75 and a beta of 0.87.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO - Get Free Report) last issued its quarterly earnings results on Thursday, August 14th. The company reported $10.47 earnings per share for the quarter. The firm had revenue of $23.41 million during the quarter. Daily Journal Corp. (S.C.) had a net margin of 122.18% and a return on equity of 30.90%.

Daily Journal Corp. (S.C.) 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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