BNP Paribas Financial Markets Has $7.41 Million Position in Daily Journal Corp. (S.C.) $DJCO

BNP Paribas Financial Markets reduced its stake in Daily Journal Corp. (S.C.) (NASDAQ:DJCO) by 41.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,197 shares of the company’s stock after selling 10,628 shares during the period. BNP Paribas Financial Markets owned 1.10% of Daily Journal Corp. (S.C.) worth $7,406,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Intech Investment Management LLC acquired a new position in shares of Daily Journal Corp. (S.C.) in the fourth quarter valued at $202,000. Geode Capital Management LLC increased its holdings in shares of Daily Journal Corp. (S.C.) by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 30,281 shares of the company’s stock valued at $14,758,000 after purchasing an additional 381 shares during the last quarter. Legato Capital Management LLC increased its holdings in shares of Daily Journal Corp. (S.C.) by 18.2% in the fourth quarter. Legato Capital Management LLC now owns 14,217 shares of the company’s stock valued at $6,928,000 after purchasing an additional 2,190 shares during the last quarter. Strs Ohio acquired a new position in shares of Daily Journal Corp. (S.C.) in the fourth quarter valued at $49,000. Finally, UBS Group AG grew its stake in shares of Daily Journal Corp. (S.C.) by 164.7% in the fourth quarter. UBS Group AG now owns 12,450 shares of the company’s stock valued at $6,067,000 after acquiring an additional 7,747 shares in the last quarter. 51.23% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently commented on DJCO shares. Weiss Ratings restated a “hold (c)” rating on shares of Daily Journal Corp. (S.C.) in a research note on Monday, May 18th. Wall Street Zen downgraded shares of Daily Journal Corp. (S.C.) from a “hold” rating to a “sell” rating in a research note on Saturday, February 21st. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Daily Journal Corp. (S.C.) Trading Up 0.6%

DJCO stock opened at $527.52 on Wednesday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 15.42 and a current ratio of 15.42. The company’s 50-day simple moving average is $509.28 and its 200 day simple moving average is $522.04. Daily Journal Corp. has a 52 week low of $348.63 and a 52 week high of $674.75. The company has a market capitalization of $727.98 million, a PE ratio of 51.97 and a beta of 0.87.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) last released its quarterly earnings results on Thursday, May 14th. The company reported ($25.14) EPS for the quarter. Daily Journal Corp. (S.C.) had a net margin of 14.83% and a return on equity of 3.79%. The business had revenue of $22.72 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.