Invesco Ltd. Has $458,000 Stake in Daily Journal Co. (NASDAQ:DJCO)

Invesco Ltd. increased its position in shares of Daily Journal Co. (NASDAQ:DJCO) by 9.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 807 shares of the company’s stock after purchasing an additional 70 shares during the period. Invesco Ltd. owned approximately 0.06% of Daily Journal worth $458,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. New Age Alpha Advisors LLC acquired a new stake in shares of Daily Journal during the 4th quarter worth $37,000. KLP Kapitalforvaltning AS bought a new position in Daily Journal in the 4th quarter valued at about $170,000. Arizona State Retirement System acquired a new position in shares of Daily Journal in the 4th quarter valued at approximately $215,000. Cross Staff Investments Inc bought a new stake in shares of Daily Journal during the 4th quarter worth approximately $227,000. Finally, Miracle Mile Advisors LLC acquired a new position in Daily Journal during the fourth quarter valued at approximately $250,000. 51.23% of the stock is currently owned by institutional investors.

Daily Journal Stock Up 0.9 %

Shares of NASDAQ:DJCO opened at $381.31 on Friday. Daily Journal Co. has a 52-week low of $359.34 and a 52-week high of $602.00. The company has a market capitalization of $525.06 million, a PE ratio of 6.87 and a beta of 0.89. The company has a debt-to-equity ratio of 0.10, a quick ratio of 10.26 and a current ratio of 12.31. The company has a fifty day moving average of $385.93 and a 200-day moving average of $469.29.

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

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, Business Journal, The Daily Transcript, and The Record Reporter.