499 Shares in Daily Journal Co. (NASDAQ:DJCO) Purchased by SG Americas Securities LLC

SG Americas Securities LLC acquired a new position in shares of Daily Journal Co. (NASDAQ:DJCO) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 499 shares of the company’s stock, valued at approximately $245,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DJCO. Price T Rowe Associates Inc. MD raised its position in shares of Daily Journal by 7.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 896 shares of the company’s stock valued at $325,000 after buying an additional 64 shares during the last quarter. Swiss National Bank grew its stake in Daily Journal by 4.1% during the first quarter. Swiss National Bank now owns 2,542 shares of the company’s stock worth $919,000 after buying an additional 100 shares during the period. BNP Paribas Financial Markets grew its stake in Daily Journal by 34.9% during the first quarter. BNP Paribas Financial Markets now owns 680 shares of the company’s stock worth $246,000 after buying an additional 176 shares during the period. American Century Companies Inc. boosted its stake in shares of Daily Journal by 18.4% in the second quarter. American Century Companies Inc. now owns 1,705 shares of the company’s stock valued at $673,000 after purchasing an additional 265 shares during the period. Finally, Lazard Asset Management LLC boosted its stake in shares of Daily Journal by 115.2% in the first quarter. Lazard Asset Management LLC now owns 581 shares of the company’s stock valued at $210,000 after purchasing an additional 311 shares during the period. Institutional investors and hedge funds own 51.23% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Daily Journal from a “sell” rating to a “hold” rating in a report on Friday, August 23rd.

Daily Journal Stock Down 1.4 %

Daily Journal stock opened at $485.57 on Tuesday. The company has a 50-day simple moving average of $477.93 and a 200-day simple moving average of $420.16. The firm has a market capitalization of $668.63 million, a P/E ratio of 30.10 and a beta of 0.91. The company has a debt-to-equity ratio of 0.11, a quick ratio of 8.58 and a current ratio of 8.58. Daily Journal Co. has a one year low of $286.05 and a one year high of $512.49.

Daily Journal (NASDAQ:DJCO) last posted its quarterly earnings data on Wednesday, August 14th. The company reported $0.79 earnings per share for the quarter. Daily Journal had a net margin of 62.70% and a return on equity of 15.90%. The company had revenue of $17.49 million during the quarter.

About Daily Journal

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.