Barclays PLC Grows Stake in Daily Journal Co. (NASDAQ:DJCO)

Barclays PLC boosted its position in Daily Journal Co. (NASDAQ:DJCO - Free Report) by 343.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,233 shares of the company's stock after purchasing an additional 1,729 shares during the quarter. Barclays PLC owned approximately 0.16% of Daily Journal worth $1,094,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in DJCO. AltraVue Capital LLC raised its stake in shares of Daily Journal by 195.8% in the second quarter. AltraVue Capital LLC now owns 34,826 shares of the company's stock worth $13,738,000 after purchasing an additional 23,052 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Daily Journal by 22.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 29,040 shares of the company's stock worth $11,455,000 after acquiring an additional 5,413 shares in the last quarter. State Street Corp increased its stake in shares of Daily Journal by 18.3% in the third quarter. State Street Corp now owns 32,968 shares of the company's stock worth $16,158,000 after purchasing an additional 5,092 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Daily Journal by 133.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 8,622 shares of the company's stock worth $4,226,000 after purchasing an additional 4,924 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its position in shares of Daily Journal by 39.8% during the second quarter. Renaissance Technologies LLC now owns 5,311 shares of the company's stock worth $2,095,000 after acquiring an additional 1,511 shares during the last quarter. Hedge funds and other institutional investors own 51.23% of the company's stock.

Daily Journal Price Performance

Shares of Daily Journal stock traded down $2.05 during trading on Monday, reaching $556.05. 66,446 shares of the stock traded hands, compared to its average volume of 11,450. The business has a fifty day simple moving average of $552.67 and a two-hundred day simple moving average of $485.41. Daily Journal Co. has a 52-week low of $309.22 and a 52-week high of $602.00. The company has a market capitalization of $765.68 million, a price-to-earnings ratio of 17.06 and a beta of 0.94. The company has a debt-to-equity ratio of 0.11, a current ratio of 8.58 and a quick ratio of 8.58.

Daily Journal 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.