483 Shares in Daily Journal Co. (NASDAQ:DJCO) Purchased by SG Americas Securities LLC

SG Americas Securities LLC bought a new position in shares of Daily Journal Co. (NASDAQ:DJCO – Get Rating) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 483 shares of the company’s stock, valued at approximately $121,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. BNP Paribas Arbitrage SA boosted its holdings in shares of Daily Journal by 47.3% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 302 shares of the company’s stock worth $78,000 after acquiring an additional 97 shares in the last quarter. BNP Paribas Arbitrage SNC boosted its stake in Daily Journal by 72.2% in the 3rd quarter. BNP Paribas Arbitrage SNC now owns 520 shares of the company’s stock worth $133,000 after purchasing an additional 218 shares during the period. MetLife Investment Management LLC boosted its stake in shares of Daily Journal by 64.9% during the 1st quarter. MetLife Investment Management LLC now owns 564 shares of the company’s stock worth $176,000 after buying an additional 222 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Daily Journal by 13.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 646 shares of the company’s stock worth $167,000 after buying an additional 78 shares during the last quarter. Finally, Renaissance Technologies LLC bought a new stake in shares of Daily Journal in the 2nd quarter valued at about $233,000. 44.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. TheStreet upgraded shares of Daily Journal from a “d+” rating to a “c” rating in a research note on Tuesday, February 14th. StockNews.com cut Daily Journal from a “hold” rating to a “sell” rating in a research note on Friday.

Daily Journal Trading Up 1.1 %

Shares of DJCO stock opened at $277.00 on Tuesday. Daily Journal Co. has a 12-month low of $236.01 and a 12-month high of $315.23. The firm has a market cap of $381.43 million, a P/E ratio of -5.91 and a beta of 0.83. The company has a quick ratio of 10.75, a current ratio of 10.76 and a debt-to-equity ratio of 0.42. The company has a 50 day moving average of $276.44 and a 200-day moving average of $281.93.

Daily Journal (NASDAQ:DJCO – Get Rating) last posted its quarterly earnings data on Monday, February 13th. The company reported ($0.83) earnings per share (EPS) for the quarter. The company had revenue of $12.30 million for the quarter. Daily Journal had a positive return on equity of 5.26% and a negative net margin of 118.06%.

Daily Journal Company Profile

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Daily Journal Corp. engages in the publication of newspapers and websites covering California and Arizona. It operates through the Traditional Business and Journal Technologies segments. The Traditional Business segment publishes newspapers of general circulation. The Journal Technologies segment provides case management software and related services to courts and other justice agencies.