Los Angeles Capital Management LLC Invests $426,000 in Daily Journal Corp. (S.C.) $DJCO

Los Angeles Capital Management LLC purchased a new stake in shares of Daily Journal Corp. (S.C.) (NASDAQ:DJCO) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,010 shares of the company’s stock, valued at approximately $426,000. Los Angeles Capital Management LLC owned 0.07% of Daily Journal Corp. (S.C.) as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Rhumbline Advisers boosted its stake in Daily Journal Corp. (S.C.) by 1.7% in the first quarter. Rhumbline Advisers now owns 2,062 shares of the company’s stock valued at $820,000 after acquiring an additional 34 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of Daily Journal Corp. (S.C.) by 9.7% in the 1st quarter. American Century Companies Inc. now owns 2,785 shares of the company’s stock worth $1,108,000 after purchasing an additional 247 shares during the period. AlphaQuest LLC purchased a new position in Daily Journal Corp. (S.C.) in the first quarter valued at approximately $110,000. Quantbot Technologies LP grew its holdings 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 valued at $362,000 after purchasing an additional 351 shares during the period. Finally, AQR Capital Management LLC grew its holdings in Daily Journal Corp. (S.C.) by 26.3% during the first quarter. AQR Capital Management LLC now owns 2,362 shares of the company’s stock valued at $939,000 after purchasing an additional 492 shares during the period. Hedge funds and other institutional investors own 51.23% of the company’s stock.

Daily Journal Corp. (S.C.) Stock Down 0.8%

Daily Journal Corp. (S.C.) stock opened at $391.90 on Friday. The firm has a 50 day simple moving average of $428.07 and a 200 day simple moving average of $421.30. The company has a current ratio of 12.42, a quick ratio of 12.41 and a debt-to-equity ratio of 0.07. Daily Journal Corp. has a 1-year low of $348.63 and a 1-year high of $596.60. The firm has a market capitalization of $539.65 million, a price-to-earnings ratio of 5.58 and a beta of 0.86.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c+)” rating on shares of Daily Journal Corp. (S.C.) in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, According to 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.