Legato Capital Management LLC Acquires 2,190 Shares of Daily Journal Corp. (S.C.) $DJCO

Legato Capital Management LLC lifted its holdings in Daily Journal Corp. (S.C.) (NASDAQ:DJCO) by 18.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,217 shares of the company’s stock after buying an additional 2,190 shares during the period. Daily Journal Corp. (S.C.) comprises 0.6% of Legato Capital Management LLC’s holdings, making the stock its 19th largest holding. Legato Capital Management LLC’s holdings in Daily Journal Corp. (S.C.) were worth $6,928,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in DJCO. State of Alaska Department of Revenue bought a new stake in shares of Daily Journal Corp. (S.C.) in the 3rd quarter worth about $27,000. Advisory Services Network LLC bought a new stake in shares of Daily Journal Corp. (S.C.) in the 3rd quarter worth about $36,000. Strs Ohio bought a new stake in shares of Daily Journal Corp. (S.C.) in the 4th quarter worth about $49,000. CWM LLC increased its holdings in shares of Daily Journal Corp. (S.C.) by 208.7% in the 4th quarter. CWM LLC now owns 142 shares of the company’s stock worth $69,000 after buying an additional 96 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of Daily Journal Corp. (S.C.) in the 1st quarter worth about $383,000. 51.23% of the stock is currently owned by institutional investors.

Daily Journal Corp. (S.C.) Price Performance

DJCO stock opened at $473.28 on Friday. Daily Journal Corp. has a 12 month low of $348.63 and a 12 month high of $674.75. The company has a current ratio of 15.42, a quick ratio of 15.42 and a debt-to-equity ratio of 0.06. The company has a 50-day moving average price of $503.04 and a 200 day moving average price of $511.28. The stock has a market cap of $653.13 million, a PE ratio of 46.63 and a beta of 0.89.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) last released its quarterly earnings results on Thursday, May 14th. The company reported ($25.14) EPS for the quarter. Daily Journal Corp. (S.C.) had a return on equity of 3.79% and a net margin of 14.83%.The firm had revenue of $22.72 million for the quarter.

Analysts Set New Price Targets

A number of research firms have recently weighed in on DJCO. Wall Street Zen downgraded shares of Daily Journal Corp. (S.C.) from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Daily Journal Corp. (S.C.) in a research note on Monday. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

About Daily Journal Corp. (S.C.)

Daily Journal Corporation (NASDAQ: DJCO) is a diversified media and technology company headquartered in Los Angeles, California. The company operates in two primary segments: legal publishing and software solutions. Its publishing arm produces the Los Angeles Daily Journal and the San Francisco Daily Journal, which provide daily coverage of legal news, court decisions, opinion pieces and public notices to attorneys, judges and legal professionals across California.

In addition to its flagship newspapers, Daily Journal Corp.