Daily Journal Corp. (S.C.) $DJCO Shares Bought by RWWM Inc.

RWWM Inc. lifted its position in shares of Daily Journal Corp. (S.C.) (NASDAQ:DJCO) by 1.2% in the third quarter, HoldingsChannel reports. The fund owned 338,941 shares of the company’s stock after buying an additional 4,039 shares during the period. Daily Journal Corp. (S.C.) accounts for approximately 11.3% of RWWM Inc.’s investment portfolio, making the stock its 3rd largest holding. RWWM Inc. owned approximately 0.25% of Daily Journal Corp. (S.C.) worth $157,655,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the company. Everett Harris & Co. CA grew its position in shares of Daily Journal Corp. (S.C.) by 125.1% during the 2nd quarter. Everett Harris & Co. CA now owns 2,339 shares of the company’s stock worth $988,000 after buying an additional 1,300 shares during the period. Los Angeles Capital Management LLC bought a new position in Daily Journal Corp. (S.C.) in the second quarter valued at approximately $426,000. Pacer Advisors Inc. acquired a new stake in Daily Journal Corp. (S.C.) during the 3rd quarter worth $605,000. Quantbot Technologies LP raised its position in shares of 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 acquiring an additional 4,058 shares during the last quarter. Finally, HM Payson & Co. acquired a new position in shares of Daily Journal Corp. (S.C.) in the 3rd quarter valued at $500,000. Institutional investors own 51.23% of the company’s stock.

Wall Street Analyst Weigh In

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

Daily Journal Corp. (S.C.) Stock Up 0.3%

Shares of Daily Journal Corp. (S.C.) stock opened at $586.37 on Friday. The company has a market capitalization of $809.19 million, a P/E ratio of 7.20 and a beta of 0.82. The company has a debt-to-equity ratio of 0.06, a current ratio of 13.89 and a quick ratio of 13.89. The business has a 50-day moving average of $542.42 and a two-hundred day moving average of $467.02. Daily Journal Corp. has a 1 year low of $348.63 and a 1 year high of $674.75.

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. Daily Journal Corp. (S.C.) had a return on equity of 32.88% and a net margin of 127.86%.The business had revenue of $28.41 million during the quarter.

Daily Journal Corp. (S.C.) Profile

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.