Angeles Wealth Management LLC acquired a new position in Daily Journal Co. (NASDAQ:DJCO - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,145 shares of the company's stock, valued at approximately $650,000. Angeles Wealth Management LLC owned about 0.08% of Daily Journal at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of DJCO. FMR LLC boosted its position in shares of Daily Journal by 23.9% in the third quarter. FMR LLC now owns 202 shares of the company's stock worth $99,000 after purchasing an additional 39 shares during the period. The Manufacturers Life Insurance Company purchased a new position in shares of Daily Journal during the 2nd quarter valued at $210,000. Cross Staff Investments Inc bought a new position in Daily Journal in the 4th quarter worth $227,000. SG Americas Securities LLC purchased a new stake in Daily Journal in the 3rd quarter worth $245,000. Finally, Miracle Mile Advisors LLC bought a new stake in Daily Journal during the fourth quarter valued at about $250,000. Hedge funds and other institutional investors own 51.23% of the company's stock.
Daily Journal Price Performance
Shares of Daily Journal stock traded up $30.24 during trading hours on Thursday, hitting $426.92. The company's stock had a trading volume of 20,606 shares, compared to its average volume of 31,804. The company has a debt-to-equity ratio of 0.10, a quick ratio of 10.26 and a current ratio of 10.26. Daily Journal Co. has a 12-month low of $315.35 and a 12-month high of $602.00. The business has a 50 day moving average price of $512.07 and a two-hundred day moving average price of $500.95. The company has a market cap of $589.15 million, a PE ratio of 7.53 and a beta of 0.90.
Daily Journal (NASDAQ:DJCO - Get Free Report) last released its quarterly earnings data on Monday, December 30th. The company reported $19.41 earnings per share (EPS) for the quarter. Daily Journal had a net margin of 111.70% and a return on equity of 22.98%.
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.
See Also
Before you consider Daily Journal, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Daily Journal wasn't on the list.
While Daily Journal currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
