RWWM Inc. Has $141.41 Million Holdings in Daily Journal Corp. (S.C.) $DJCO

RWWM Inc. boosted its stake in shares of Daily Journal Corp. (S.C.) (NASDAQ:DJCO) by 2.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 334,902 shares of the company’s stock after purchasing an additional 9,483 shares during the quarter. Daily Journal Corp. (S.C.) comprises approximately 11.7% of RWWM Inc.’s investment portfolio, making the stock its 3rd biggest position. RWWM Inc. owned about 0.24% of Daily Journal Corp. (S.C.) worth $141,412,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. AlphaQuest LLC bought a new position in Daily Journal Corp. (S.C.) during the first quarter worth about $110,000. Strs Ohio bought a new position in Daily Journal Corp. (S.C.) during the first quarter worth about $278,000. Quantbot Technologies LP increased its position in Daily Journal Corp. (S.C.) by 62.8% during the first quarter. Quantbot Technologies LP now owns 910 shares of the company’s stock worth $362,000 after acquiring an additional 351 shares during the period. Jane Street Group LLC bought a new position in Daily Journal Corp. (S.C.) during the first quarter worth about $383,000. Finally, Royal Bank of Canada increased its position in Daily Journal Corp. (S.C.) by 124.1% during the first quarter. Royal Bank of Canada now owns 1,423 shares of the company’s stock worth $566,000 after acquiring an additional 788 shares during the period. Institutional investors own 51.23% of the company’s stock.

Daily Journal Corp. (S.C.) Trading Down 6.4%

DJCO opened at $395.51 on Friday. Daily Journal Corp. has a twelve month low of $348.63 and a twelve month high of $602.00. The company has a 50-day simple moving average of $444.00 and a 200 day simple moving average of $419.50. The company has a quick ratio of 12.41, a current ratio of 12.42 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $545.80 million, a price-to-earnings ratio of 5.63 and a beta of 0.83.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) last posted its quarterly earnings data on Thursday, August 14th. The company reported $10.47 earnings per share for the quarter. Daily Journal Corp. (S.C.) had a net margin of 122.18% and a return on equity of 30.90%. The business had revenue of $23.41 million during the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Daily Journal Corp. (S.C.) in a research report on Wednesday, October 8th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Daily Journal Corp. (S.C.) 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.