Charles Schwab Investment Management Inc. Buys 164 Shares of Daily Journal Co. (NASDAQ:DJCO)

Charles Schwab Investment Management Inc. grew its stake in shares of Daily Journal Co. (NASDAQ:DJCO) by 1.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,786 shares of the company’s stock after buying an additional 164 shares during the period. Charles Schwab Investment Management Inc. owned 0.64% of Daily Journal worth $4,990,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of DJCO. FMR LLC grew its position in shares of Daily Journal by 23.9% during the 3rd quarter. FMR LLC now owns 202 shares of the company’s stock valued at $99,000 after purchasing an additional 39 shares in the last quarter. SG Americas Securities LLC grew its stake in Daily Journal by 8.4% in the 4th quarter. SG Americas Securities LLC now owns 541 shares of the company’s stock worth $307,000 after buying an additional 42 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of Daily Journal by 12.7% in the 4th quarter. Principal Financial Group Inc. now owns 710 shares of the company’s stock worth $403,000 after buying an additional 80 shares during the last quarter. Cross Staff Investments Inc purchased a new stake in shares of Daily Journal during the 4th quarter valued at $227,000. Finally, Miracle Mile Advisors LLC bought a new position in Daily Journal during the fourth quarter valued at approximately $250,000. 51.23% of the stock is currently owned by institutional investors.

Daily Journal Trading Down 1.2 %

Shares of DJCO stock opened at $407.10 on Wednesday. The business has a 50-day moving average of $419.99 and a 200 day moving average of $490.32. Daily Journal Co. has a 1-year low of $333.29 and a 1-year high of $602.00. The company has a debt-to-equity ratio of 0.10, a current ratio of 12.31 and a quick ratio of 10.26. The stock has a market capitalization of $560.58 million, a PE ratio of 7.34 and a beta of 0.90.

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

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.