Charles Schwab Investment Management Inc. Reduces Stock Position in Daily Journal Corp. (S.C.) $DJCO

Charles Schwab Investment Management Inc. lessened its stake in shares of Daily Journal Corp. (S.C.) (NASDAQ:DJCO) by 2.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,532 shares of the company’s stock after selling 254 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.62% of Daily Journal Corp. (S.C.) worth $3,393,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. ProShare Advisors LLC acquired a new position in shares of Daily Journal Corp. (S.C.) in the 4th quarter valued at about $222,000. Raymond James Financial Inc. acquired a new position in shares of Daily Journal Corp. (S.C.) in the 4th quarter valued at about $372,000. Ameriprise Financial Inc. lifted its stake in shares of Daily Journal Corp. (S.C.) by 26.8% in the 4th quarter. Ameriprise Financial Inc. now owns 767 shares of the company’s stock valued at $436,000 after purchasing an additional 162 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Daily Journal Corp. (S.C.) by 4.6% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 788 shares of the company’s stock valued at $448,000 after purchasing an additional 35 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Daily Journal Corp. (S.C.) by 9.5% in the 4th quarter. Invesco Ltd. now owns 807 shares of the company’s stock valued at $458,000 after purchasing an additional 70 shares in the last quarter. Hedge funds and other institutional investors own 51.23% of the company’s stock.

Daily Journal Corp. (S.C.) Stock Down 0.2%

Shares of NASDAQ:DJCO opened at $467.20 on Friday. The company has a market capitalization of $644.74 million, a price-to-earnings ratio of 6.65 and a beta of 0.82. The company has a 50 day moving average of $419.31 and a two-hundred day moving average of $405.44. Daily Journal Corp. has a 52-week low of $359.34 and a 52-week high of $602.00. The company has a quick ratio of 12.41, a current ratio of 12.42 and a debt-to-equity ratio of 0.07.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) last issued its quarterly earnings results on Thursday, August 14th. The company reported $10.47 EPS for the quarter. The business had revenue of $23.41 million for the quarter. Daily Journal Corp. (S.C.) had a net margin of 122.18% and a return on equity of 30.90%.

Daily Journal Corp. (S.C.) 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.