Wall Street Zen Downgrades Daily Journal Corp. (S.C.) (NASDAQ:DJCO) to Sell

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

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

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

NASDAQ:DJCO opened at $522.52 on Friday. Daily Journal Corp. has a one year low of $348.63 and a one year high of $674.75. The stock has a market cap of $721.08 million, a PE ratio of 7.72 and a beta of 0.79. The company has a debt-to-equity ratio of 0.05, a quick ratio of 13.89 and a current ratio of 16.31. The stock has a 50 day moving average price of $563.25 and a 200 day moving average price of $481.64.

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

Hedge Funds Weigh In On Daily Journal Corp. (S.C.)

A number of hedge funds have recently made changes to their positions in the stock. State of Alaska Department of Revenue acquired a new stake in Daily Journal Corp. (S.C.) in the 3rd quarter valued at approximately $27,000. Advisory Services Network LLC purchased a new position in shares of Daily Journal Corp. (S.C.) during the third quarter worth $36,000. Strs Ohio purchased a new position in shares of Daily Journal Corp. (S.C.) during the fourth quarter worth $49,000. Parallel Advisors LLC grew its stake in shares of Daily Journal Corp. (S.C.) by 178.9% in the fourth quarter. Parallel Advisors LLC now owns 106 shares of the company’s stock valued at $52,000 after buying an additional 68 shares in the last quarter. Finally, CWM LLC raised its holdings in shares of Daily Journal Corp. (S.C.) by 208.7% in the 4th quarter. CWM LLC now owns 142 shares of the company’s stock valued at $69,000 after buying an additional 96 shares during the period. Hedge funds and other institutional investors own 51.23% of the company’s stock.

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.