BNP Paribas Financial Markets Has $7.41 Million Stake in Daily Journal Corp. (S.C.) $DJCO

BNP Paribas Financial Markets trimmed its position in shares of Daily Journal Corp. (S.C.) (NASDAQ:DJCO) by 41.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,197 shares of the company’s stock after selling 10,628 shares during the period. BNP Paribas Financial Markets’ holdings in Daily Journal Corp. (S.C.) were worth $7,406,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Advisory Services Network LLC acquired a new stake in Daily Journal Corp. (S.C.) during the third quarter worth about $36,000. Strs Ohio acquired a new stake in Daily Journal Corp. (S.C.) during the fourth quarter worth about $49,000. CWM LLC grew its stake in Daily Journal Corp. (S.C.) by 208.7% during the fourth quarter. CWM LLC now owns 142 shares of the company’s stock worth $69,000 after buying an additional 96 shares in the last quarter. Intech Investment Management LLC acquired a new stake in Daily Journal Corp. (S.C.) during the fourth quarter worth about $202,000. Finally, GSA Capital Partners LLP acquired a new stake in Daily Journal Corp. (S.C.) during the third quarter worth about $434,000. 51.23% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on DJCO. Wall Street Zen downgraded shares of Daily Journal Corp. (S.C.) from a “hold” rating to a “sell” rating in a research note on Saturday, February 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of Daily Journal Corp. (S.C.) in a research note on Monday, May 18th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold”.

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

DJCO stock opened at $527.52 on Wednesday. The company has a 50 day simple moving average of $509.28 and a 200 day simple moving average of $522.04. The stock has a market cap of $727.98 million, a price-to-earnings ratio of 51.97 and a beta of 0.87. Daily Journal Corp. has a 1 year low of $348.63 and a 1 year high of $674.75. The company has a debt-to-equity ratio of 0.06, a current ratio of 15.42 and a quick ratio of 15.42.

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

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.