Jane Street Group LLC Decreases Stock Holdings in Daily Journal Co. (NASDAQ:DJCO)

Jane Street Group LLC trimmed its position in shares of Daily Journal Co. (NASDAQ:DJCO) by 51.3% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,071 shares of the company’s stock after selling 1,130 shares during the quarter. Jane Street Group LLC owned about 0.08% of Daily Journal worth $525,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. State Street Corp lifted its position in shares of Daily Journal by 18.3% during the third quarter. State Street Corp now owns 32,968 shares of the company’s stock valued at $16,158,000 after buying an additional 5,092 shares during the last quarter. BNP Paribas Financial Markets lifted its position in shares of Daily Journal by 172.9% during the third quarter. BNP Paribas Financial Markets now owns 1,337 shares of the company’s stock valued at $655,000 after buying an additional 847 shares during the last quarter. FMR LLC increased its holdings in shares of Daily Journal by 23.9% during the third quarter. FMR LLC now owns 202 shares of the company’s stock valued at $99,000 after acquiring an additional 39 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Daily Journal by 133.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 8,622 shares of the company’s stock valued at $4,226,000 after acquiring an additional 4,924 shares in the last quarter. Finally, Principal Financial Group Inc. acquired a new position in shares of Daily Journal during the third quarter valued at about $309,000. 51.23% of the stock is owned by hedge funds and other institutional investors.

Daily Journal Stock Performance

DJCO opened at $577.61 on Monday. Daily Journal Co. has a 52-week low of $309.22 and a 52-week high of $602.00. The company has a quick ratio of 8.58, a current ratio of 8.58 and a debt-to-equity ratio of 0.11. The company has a market cap of $795.37 million, a P/E ratio of 17.72 and a beta of 0.94. The firm’s 50-day moving average price is $559.46 and its 200-day moving average price is $490.16.

Daily Journal (NASDAQ:DJCO) last posted 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 62.70% and a return on equity of 15.90%.

Daily Journal 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.