Daily Journal Corp. (S.C.) (NASDAQ:DJCO) Rating Lowered to “Sell” at Wall Street Zen

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday.

Separately, Weiss Ratings restated a “hold (c+)” rating on shares of Daily Journal Corp. (S.C.) in a research report on Wednesday, January 21st. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold”.

Daily Journal Corp. (S.C.) Price Performance

Shares of NASDAQ DJCO opened at $522.52 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 16.31 and a quick ratio of 13.89. The stock has a market capitalization of $721.08 million, a price-to-earnings ratio of 7.72 and a beta of 0.79. The firm’s 50 day simple moving average is $563.25 and its 200-day simple moving average is $481.64. Daily Journal Corp. has a 12 month low of $348.63 and a 12 month high of $674.75.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) last announced its quarterly earnings results on Tuesday, February 17th. The company reported ($5.79) earnings per share (EPS) for the quarter. Daily Journal Corp. (S.C.) had a return on equity of 25.60% and a net margin of 104.17%.The firm had revenue of $19.54 million for the quarter.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. RWWM Inc. increased its stake in Daily Journal Corp. (S.C.) by 1.2% during the 3rd quarter. RWWM Inc. now owns 338,941 shares of the company’s stock worth $157,655,000 after buying an additional 4,039 shares in the last quarter. Vanguard Group Inc. increased its position 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 in the last quarter. AltraVue Capital LLC raised its stake in Daily Journal Corp. (S.C.) by 17.7% in the 4th quarter. AltraVue Capital LLC now owns 66,819 shares of the company’s stock valued at $32,562,000 after purchasing an additional 10,060 shares during the last quarter. Advisory Research Inc. raised its stake in Daily Journal Corp. (S.C.) by 14.1% in the 4th 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 boosted its stake in Daily Journal Corp. (S.C.) by 2.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 45,327 shares of the company’s stock worth $21,084,000 after purchasing an additional 1,242 shares during the last quarter. 51.23% of the stock is owned by hedge funds and other institutional investors.

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.