Shayne & Jacobs LLC Sells 80 Shares of Daily Journal Corp. (S.C.) $DJCO

Shayne & Jacobs LLC cut its holdings in Daily Journal Corp. (S.C.) (NASDAQ:DJCO) by 6.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,199 shares of the company’s stock after selling 80 shares during the quarter. Shayne & Jacobs LLC’s holdings in Daily Journal Corp. (S.C.) were worth $506,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DJCO. RWWM Inc. boosted its position in shares of Daily Journal Corp. (S.C.) by 2.7% during the first quarter. RWWM Inc. now owns 325,419 shares of the company’s stock worth $129,432,000 after purchasing an additional 8,705 shares in the last quarter. Nuveen LLC bought a new position in shares of Daily Journal Corp. (S.C.) during the first quarter worth $1,254,000. Jane Street Group LLC bought a new position in shares of Daily Journal Corp. (S.C.) during the first quarter worth $383,000. Royal Bank of Canada boosted its position in shares of Daily Journal Corp. (S.C.) by 124.1% during the first quarter. Royal Bank of Canada now owns 1,423 shares of the company’s stock worth $566,000 after purchasing an additional 788 shares in the last quarter. Finally, Strs Ohio bought a new position in shares of Daily Journal Corp. (S.C.) during the first quarter worth $278,000. 51.23% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c+)” rating on shares of Daily Journal Corp. (S.C.) in a research report on Wednesday. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Daily Journal Corp. (S.C.) has a consensus rating of “Hold”.

Daily Journal Corp. (S.C.) Trading Down 5.2%

DJCO opened at $417.12 on Friday. The stock has a market capitalization of $575.63 million, a P/E ratio of 5.94 and a beta of 0.83. Daily Journal Corp. has a 12 month low of $359.34 and a 12 month high of $602.00. The firm’s fifty day simple moving average is $447.94 and its 200 day simple moving average is $416.82. The company has a current ratio of 12.42, a quick ratio of 12.41 and a debt-to-equity ratio of 0.07.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) last posted its quarterly earnings data 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.