Virtu Financial LLC acquired a new position in shares of Daily Journal Co. (NASDAQ:DJCO – Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 735 shares of the company’s stock, valued at approximately $209,000. Virtu Financial LLC owned 0.05% of Daily Journal as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. RWWM Inc. increased its position in shares of Daily Journal by 3.6% during the fourth quarter. RWWM Inc. now owns 298,426 shares of the company’s stock worth $74,759,000 after acquiring an additional 10,392 shares during the period. Cerity Partners LLC purchased a new position in Daily Journal in the fourth quarter worth $1,216,000. Dimensional Fund Advisors LP increased its holdings in Daily Journal by 17.8% in the first quarter. Dimensional Fund Advisors LP now owns 12,164 shares of the company’s stock valued at $3,795,000 after buying an additional 1,840 shares in the last quarter. Brown Advisory Inc. acquired a new stake in Daily Journal in the 4th quarter valued at about $401,000. Finally, BlackRock Inc. raised its position in shares of Daily Journal by 1.8% during the 3rd quarter. BlackRock Inc. now owns 76,544 shares of the company’s stock worth $19,625,000 after purchasing an additional 1,322 shares during the last quarter. 46.14% of the stock is owned by hedge funds and other institutional investors.
Daily Journal Price Performance
Shares of DJCO opened at $290.09 on Friday. Daily Journal Co. has a 12 month low of $236.01 and a 12 month high of $315.23. The company has a debt-to-equity ratio of 0.40, a current ratio of 11.18 and a quick ratio of 11.18. The stock has a fifty day moving average price of $287.24 and a 200 day moving average price of $286.50. The company has a market cap of $399.45 million, a P/E ratio of -14.61 and a beta of 0.80.
Analysts Set New Price Targets
Separately, StockNews.com raised Daily Journal from a “sell” rating to a “hold” rating in a research report on Saturday, May 20th.
Daily Journal 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, The Daily Transcript, Business Journal, and The Record Reporter.
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