Daily Journal Corp. (S.C.) (NASDAQ:DJCO) Issues Quarterly Earnings Results

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) issued its quarterly earnings data on Tuesday. The company reported ($5.79) EPS for the quarter, FiscalAI reports. The company had revenue of $19.54 million for the quarter. Daily Journal Corp. (S.C.) had a return on equity of 32.88% and a net margin of 127.86%.

Daily Journal Corp. (S.C.) Stock Up 1.0%

Shares of NASDAQ DJCO opened at $512.56 on Tuesday. The firm has a market capitalization of $707.33 million, a PE ratio of 6.30 and a beta of 0.79. The company has a current ratio of 13.89, a quick ratio of 13.89 and a debt-to-equity ratio of 0.06. Daily Journal Corp. has a 1 year low of $348.63 and a 1 year high of $674.75. The firm’s 50-day moving average is $562.38 and its 200-day moving average is $479.83.

Hedge Funds Weigh In On Daily Journal Corp. (S.C.)

A number of hedge funds and other institutional investors have recently bought and sold shares of DJCO. RWWM Inc. raised its position in shares of Daily Journal Corp. (S.C.) by 1.2% during the 3rd quarter. RWWM Inc. now owns 338,941 shares of the company’s stock valued at $157,655,000 after acquiring an additional 4,039 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Daily Journal Corp. (S.C.) by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 102,622 shares of the company’s stock worth $50,010,000 after purchasing an additional 534 shares during the period. AltraVue Capital LLC grew its stake in shares of Daily Journal Corp. (S.C.) by 17.7% during the fourth quarter. AltraVue Capital LLC now owns 66,819 shares of the company’s stock worth $32,562,000 after purchasing an additional 10,060 shares during the period. Advisory Research Inc. increased its holdings in Daily Journal Corp. (S.C.) by 14.1% in the fourth quarter. Advisory Research Inc. now owns 65,564 shares of the company’s stock valued at $31,951,000 after purchasing an additional 8,097 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in Daily Journal Corp. (S.C.) by 2.8% in the third quarter. Dimensional Fund Advisors LP now owns 45,327 shares of the company’s stock valued at $21,084,000 after buying an additional 1,242 shares during the period. 51.23% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated 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 MarketBeat, the stock has a consensus 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.