JPMorgan Chase & Co. Has $1.45 Million Stock Position in Daily Journal Co. (NASDAQ:DJCO)

JPMorgan Chase & Co. increased its holdings in shares of Daily Journal Co. (NASDAQ:DJCO) by 341.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,966 shares of the company’s stock after purchasing an additional 2,294 shares during the period. JPMorgan Chase & Co. owned approximately 0.22% of Daily Journal worth $1,454,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new stake in Daily Journal in the third quarter valued at approximately $3,137,000. Dimensional Fund Advisors LP grew its stake in Daily Journal by 22.9% in the second quarter. Dimensional Fund Advisors LP now owns 29,040 shares of the company’s stock valued at $11,455,000 after acquiring an additional 5,413 shares during the period. State Street Corp boosted 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. Charles Schwab Investment Management Inc. boosted its position 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 buying an additional 4,924 shares during the last quarter. Finally, Barclays PLC boosted its position in shares of Daily Journal by 343.1% during the third quarter. Barclays PLC now owns 2,233 shares of the company’s stock valued at $1,094,000 after buying an additional 1,729 shares during the last quarter. Institutional investors and hedge funds own 51.23% of the company’s stock.

Daily Journal Stock Down 1.8 %

Shares of NASDAQ:DJCO opened at $474.50 on Friday. The stock has a market cap of $654.81 million, a price-to-earnings ratio of 8.37 and a beta of 0.94. The company has a quick ratio of 10.26, a current ratio of 10.26 and a debt-to-equity ratio of 0.10. Daily Journal Co. has a 12-month low of $309.22 and a 12-month high of $602.00. The business’s 50 day moving average is $557.13 and its 200 day moving average is $502.51.

Daily Journal (NASDAQ:DJCO) last issued its quarterly earnings results on Monday, December 30th. The company reported $19.41 EPS for the quarter. Daily Journal had a return on equity of 22.98% and a net margin of 111.70%.

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.