Northern Trust Corp Sells 146 Shares of Daily Journal Co. (NASDAQ:DJCO)

Northern Trust Corp decreased its position in shares of Daily Journal Co. (NASDAQ:DJCO) by 1.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,645 shares of the company’s stock after selling 146 shares during the period. Northern Trust Corp owned 0.92% of Daily Journal worth $7,182,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of DJCO. New Age Alpha Advisors LLC purchased a new stake in shares of Daily Journal in the fourth quarter worth about $37,000. KLP Kapitalforvaltning AS acquired a new stake in Daily Journal during the fourth quarter worth about $170,000. Arizona State Retirement System purchased a new position in Daily Journal during the fourth quarter worth about $215,000. Cross Staff Investments Inc acquired a new stake in shares of Daily Journal in the fourth quarter valued at $227,000. Finally, Intech Investment Management LLC purchased a new position in shares of Daily Journal in the fourth quarter valued at approximately $254,000. 51.23% of the stock is owned by hedge funds and other institutional investors.

Daily Journal Stock Down 2.5%

DJCO opened at $405.88 on Tuesday. Daily Journal Co. has a one year low of $359.34 and a one year high of $602.00. The business’s 50-day simple moving average is $389.09 and its 200-day simple moving average is $462.14. 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 stock has a market capitalization of $558.90 million, a P/E ratio of 7.32 and a beta of 0.81.

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

Daily Journal Company 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.