Caprock Group LLC Takes $2.61 Million Position in Daily Journal Corp. (S.C.) $DJCO

Caprock Group LLC acquired a new position in Daily Journal Corp. (S.C.) (NASDAQ:DJCO) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,584 shares of the company’s stock, valued at approximately $2,609,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DJCO. RWWM Inc. boosted its position in shares of Daily Journal Corp. (S.C.) by 2.9% during the second quarter. RWWM Inc. now owns 334,902 shares of the company’s stock worth $141,412,000 after buying an additional 9,483 shares during the period. BNP Paribas Financial Markets lifted its stake in Daily Journal Corp. (S.C.) by 543.3% during the 2nd quarter. BNP Paribas Financial Markets now owns 10,157 shares of the company’s stock worth $4,289,000 after acquiring an additional 8,578 shares in the last quarter. Jane Street Group LLC lifted its stake in Daily Journal Corp. (S.C.) by 495.5% during the 2nd quarter. Jane Street Group LLC now owns 5,729 shares of the company’s stock worth $2,419,000 after acquiring an additional 4,767 shares in the last quarter. Quantbot Technologies LP boosted its holdings in Daily Journal Corp. (S.C.) by 445.9% during the 2nd quarter. Quantbot Technologies LP now owns 4,968 shares of the company’s stock valued at $2,098,000 after acquiring an additional 4,058 shares during the period. Finally, Qube Research & Technologies Ltd acquired a new position in Daily Journal Corp. (S.C.) in the 2nd quarter valued at about $1,373,000. Hedge funds and other institutional investors own 51.23% of the company’s stock.

Daily Journal Corp. (S.C.) Trading Down 9.0%

DJCO opened at $507.58 on Friday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 13.89 and a current ratio of 13.89. Daily Journal Corp. has a one year low of $348.63 and a one year high of $674.75. The company has a market cap of $700.46 million, a P/E ratio of 6.23 and a beta of 0.79. The business’s 50-day simple moving average is $560.37 and its 200-day simple moving average is $477.28.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) last released its quarterly earnings data on Monday, December 29th. The company reported $30.61 earnings per share for the quarter. The company had revenue of $28.41 million for the quarter. Daily Journal Corp. (S.C.) had a net margin of 127.86% and a return on equity of 32.88%.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c+)” rating on shares of Daily Journal Corp. (S.C.) in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold”.

Daily Journal Corp. (S.C.) Profile

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.