Wells Fargo & Company MN decreased its holdings in Daily Journal Co. (NASDAQ:DJCO - Free Report) by 47.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 767 shares of the company's stock after selling 701 shares during the period. Wells Fargo & Company MN owned approximately 0.06% of Daily Journal worth $436,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of DJCO. Arrowstreet Capital Limited Partnership increased its position in Daily Journal by 16.5% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 7,998 shares of the company's stock worth $4,543,000 after purchasing an additional 1,131 shares in the last quarter. New Age Alpha Advisors LLC acquired a new position in shares of Daily Journal during the fourth quarter worth $37,000. JPMorgan Chase & Co. lifted its stake in shares of Daily Journal by 71.9% in the 4th quarter. JPMorgan Chase & Co. now owns 5,099 shares of the company's stock valued at $2,896,000 after acquiring an additional 2,133 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new stake in shares of Daily Journal during the 4th quarter valued at $170,000. Finally, American Century Companies Inc. grew its position in Daily Journal by 15.2% during the 4th quarter. American Century Companies Inc. now owns 2,538 shares of the company's stock worth $1,442,000 after acquiring an additional 334 shares during the last quarter. Institutional investors and hedge funds own 51.23% of the company's stock.
Daily Journal Trading Up 2.3 %
Daily Journal stock traded up $8.86 during trading hours on Wednesday, hitting $391.19. The stock had a trading volume of 7,852 shares, compared to its average volume of 15,366. The business's 50 day simple moving average is $385.51 and its 200-day simple moving average is $467.64. Daily Journal Co. has a one year low of $359.34 and a one year high of $602.00. The stock has a market cap of $538.66 million, a price-to-earnings ratio of 7.05 and a beta of 0.81. The company has a quick ratio of 10.26, a current ratio of 12.31 and a debt-to-equity ratio of 0.10.
Daily Journal (NASDAQ:DJCO - Get Free Report) last posted its earnings results on Tuesday, February 18th. The company reported $7.91 EPS for the quarter. Daily Journal had a net margin of 106.63% and a return on equity of 20.64%. The business had revenue of $17.70 million for the quarter.
Daily Journal 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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