Raymond James Financial Inc. bought a new position in shares of Daily Journal Co. (NASDAQ:DJCO - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 655 shares of the company's stock, valued at approximately $372,000.
A number of other large investors have also added to or reduced their stakes in the business. State Street Corp boosted its holdings in shares of Daily Journal by 18.3% during the 3rd quarter. State Street Corp now owns 32,968 shares of the company's stock worth $16,158,000 after buying an additional 5,092 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of Daily Journal by 1.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,786 shares of the company's stock worth $4,990,000 after purchasing an additional 164 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Daily Journal in the third quarter worth $3,137,000. JPMorgan Chase & Co. raised its stake in Daily Journal by 341.4% in the third quarter. JPMorgan Chase & Co. now owns 2,966 shares of the company's stock valued at $1,454,000 after purchasing an additional 2,294 shares in the last quarter. Finally, Barclays PLC lifted its position in Daily Journal by 343.1% during the third quarter. Barclays PLC now owns 2,233 shares of the company's stock worth $1,094,000 after purchasing an additional 1,729 shares during the period. Institutional investors own 51.23% of the company's stock.
Daily Journal Price Performance
DJCO stock traded up $2.92 during mid-day trading on Tuesday, hitting $383.97. The stock had a trading volume of 1,422 shares, compared to its average volume of 15,498. The firm has a fifty day simple moving average of $395.95 and a 200 day simple moving average of $478.64. The firm has a market capitalization of $528.72 million, a P/E ratio of 6.88 and a beta of 0.89. The company has a current ratio of 12.31, a quick ratio of 10.26 and a debt-to-equity ratio of 0.10. Daily Journal Co. has a 52 week low of $333.29 and a 52 week high of $602.00.
Daily Journal (NASDAQ:DJCO - Get Free Report) last announced its quarterly earnings data 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 during 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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