New York State Common Retirement Fund Grows Position in Daily Journal Corp. (S.C.) $DJCO

New York State Common Retirement Fund grew its stake in Daily Journal Corp. (S.C.) (NASDAQ:DJCO) by 26.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,483 shares of the company’s stock after buying an additional 2,424 shares during the period. New York State Common Retirement Fund owned 0.83% of Daily Journal Corp. (S.C.) worth $5,341,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. RWWM Inc. grew its holdings in shares of Daily Journal Corp. (S.C.) by 2.9% during the second quarter. RWWM Inc. now owns 334,902 shares of the company’s stock valued at $141,412,000 after buying an additional 9,483 shares during the last quarter. BNP Paribas Financial Markets lifted its position in Daily Journal Corp. (S.C.) by 543.3% during the 2nd quarter. BNP Paribas Financial Markets now owns 10,157 shares of the company’s stock worth $4,289,000 after acquiring an additional 8,578 shares during the period. Jane Street Group LLC grew its stake in Daily Journal Corp. (S.C.) by 495.5% during the 2nd quarter. Jane Street Group LLC now owns 5,729 shares of the company’s stock valued at $2,419,000 after purchasing an additional 4,767 shares during the last quarter. Quantbot Technologies LP grew its stake in Daily Journal Corp. (S.C.) by 445.9% during the 2nd quarter. Quantbot Technologies LP now owns 4,968 shares of the company’s stock valued at $2,098,000 after purchasing an additional 4,058 shares during the last quarter. Finally, Qube Research & Technologies Ltd acquired a new position in shares of Daily Journal Corp. (S.C.) in the second quarter valued at about $1,373,000. 51.23% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of DJCO opened at $567.90 on Friday. The business’s 50-day moving average is $551.96 and its two-hundred day moving average is $472.03. The company has a market capitalization of $783.70 million, a P/E ratio of 6.97 and a beta of 0.79. Daily Journal Corp. has a fifty-two week low of $348.63 and a fifty-two week high of $674.75. The company has a debt-to-equity ratio of 0.06, a quick ratio of 13.89 and a current ratio of 13.89.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) last issued its quarterly earnings data on Monday, December 29th. The company reported $30.61 earnings per share (EPS) for the quarter. The business had revenue of $28.41 million during the quarter. Daily Journal Corp. (S.C.) had a return on equity of 32.88% and a net margin of 127.86%.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Daily Journal Corp. (S.C.) in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Daily Journal Corp. (S.C.) currently has an average rating of “Hold”.

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.