Principal Financial Group Inc. Has $403,000 Stock Holdings in Daily Journal Co. (NASDAQ:DJCO)

Principal Financial Group Inc. boosted its stake in shares of Daily Journal Co. (NASDAQ:DJCO) by 12.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 710 shares of the company’s stock after purchasing an additional 80 shares during the period. Principal Financial Group Inc. owned 0.05% of Daily Journal worth $403,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Angeles Wealth Management LLC acquired a new position in Daily Journal during the fourth quarter valued at approximately $650,000. Cross Staff Investments Inc acquired a new stake in shares of Daily Journal in the fourth quarter valued at approximately $227,000. SG Americas Securities LLC lifted its position in shares of Daily Journal by 8.4% in the fourth quarter. SG Americas Securities LLC now owns 541 shares of the company’s stock valued at $307,000 after buying an additional 42 shares during the last quarter. Miracle Mile Advisors LLC acquired a new stake in shares of Daily Journal in the fourth quarter valued at approximately $250,000. Finally, JPMorgan Chase & Co. lifted its position in shares of 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 buying an additional 2,294 shares during the last quarter. 51.23% of the stock is owned by institutional investors and hedge funds.

Daily Journal Stock Performance

DJCO opened at $389.39 on Friday. Daily Journal Co. has a 12-month low of $333.29 and a 12-month high of $602.00. The stock has a market cap of $536.19 million, a price-to-earnings ratio of 7.02 and a beta of 0.90. The business has a 50 day moving average of $459.49 and a 200-day moving average of $497.53. The company has a quick ratio of 10.26, a current ratio of 12.31 and a debt-to-equity ratio of 0.10.

Daily Journal (NASDAQ:DJCO) last released its quarterly earnings data on Tuesday, February 18th. The company reported $7.91 earnings per share (EPS) for the quarter. Daily Journal had a return on equity of 20.64% and a net margin of 106.63%. The company had revenue of $17.70 million during the quarter.

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.