Raymond James Financial Inc. bought a new position in Daily Journal Co. (NASDAQ:DJCO - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 655 shares of the company's stock, valued at approximately $372,000.
A number of other institutional investors also recently bought and sold shares of DJCO. New Age Alpha Advisors LLC purchased a new position in shares of Daily Journal in the 4th quarter valued at approximately $37,000. KLP Kapitalforvaltning AS purchased a new stake in shares of Daily Journal in the 4th quarter worth approximately $170,000. Arizona State Retirement System bought a new stake in Daily Journal in the fourth quarter worth $215,000. Cross Staff Investments Inc purchased a new position in shares of Daily Journal in the 4th quarter worth about $227,000. Finally, Miracle Mile Advisors LLC purchased a new stake in Daily Journal during the 4th quarter valued at about $250,000. 51.23% of the stock is owned by institutional investors.
Daily Journal Stock Up 2.2%
Shares of NASDAQ:DJCO traded up $9.01 during trading on Tuesday, reaching $413.01. 7,524 shares of the stock traded hands, compared to its average volume of 15,368. Daily Journal Co. has a 52-week low of $359.34 and a 52-week high of $602.00. The stock has a market cap of $568.71 million, a P/E ratio of 7.45 and a beta of 0.81. The stock has a 50-day moving average of $387.20 and a two-hundred day moving average of $464.74. The company has a debt-to-equity ratio of 0.10, a quick ratio of 10.26 and a current ratio of 12.31.
Daily Journal (NASDAQ:DJCO - Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $7.91 earnings per share (EPS) for the quarter. Daily Journal had a return on equity of 20.64% and a net margin of 106.63%. The firm had revenue of $17.70 million for the quarter.
Daily Journal Company 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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