Quantbot Technologies LP Acquires New Position in Daily Journal Co. (NASDAQ:DJCO)

Quantbot Technologies LP bought a new position in Daily Journal Co. (NASDAQ:DJCO) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 559 shares of the company’s stock, valued at approximately $318,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Barclays PLC boosted its position in shares of Daily Journal by 343.1% in the third quarter. Barclays PLC now owns 2,233 shares of the company’s stock worth $1,094,000 after purchasing an additional 1,729 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of Daily Journal by 133.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 8,622 shares of the company’s stock valued at $4,226,000 after purchasing an additional 4,924 shares during the period. Angeles Wealth Management LLC purchased a new position in shares of Daily Journal during the 4th quarter valued at $650,000. State Street Corp boosted its holdings in Daily Journal by 18.3% in the 3rd quarter. State Street Corp now owns 32,968 shares of the company’s stock worth $16,158,000 after buying an additional 5,092 shares during the period. Finally, BNP Paribas Financial Markets increased its stake in Daily Journal by 172.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,337 shares of the company’s stock worth $655,000 after buying an additional 847 shares in the last quarter. Institutional investors own 51.23% of the company’s stock.

Daily Journal Price Performance

NASDAQ:DJCO opened at $394.50 on Friday. The stock has a market cap of $543.23 million, a PE ratio of 7.11 and a beta of 0.90. The company has a quick ratio of 10.26, a current ratio of 12.31 and a debt-to-equity ratio of 0.10. The business’s 50-day simple moving average is $411.13 and its two-hundred day simple moving average is $488.22. Daily Journal Co. has a 52 week low of $333.29 and a 52 week high of $602.00.

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

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.