AltraVue Capital LLC Increases Stake in Daily Journal Corp. (S.C.) $DJCO

AltraVue Capital LLC raised its position in Daily Journal Corp. (S.C.) (NASDAQ:DJCO) by 17.7% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 66,819 shares of the company’s stock after purchasing an additional 10,060 shares during the period. Daily Journal Corp. (S.C.) accounts for approximately 2.7% of AltraVue Capital LLC’s portfolio, making the stock its 15th biggest holding. AltraVue Capital LLC’s holdings in Daily Journal Corp. (S.C.) were worth $32,562,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DJCO. Advisory Research Inc. lifted its holdings in Daily Journal Corp. (S.C.) by 51.9% in the 3rd quarter. Advisory Research Inc. now owns 57,467 shares of the company’s stock valued at $26,730,000 after purchasing an additional 19,627 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in Daily Journal Corp. (S.C.) by 154.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 25,825 shares of the company’s stock valued at $12,012,000 after purchasing an additional 15,668 shares in the last quarter. UBS Group AG lifted its holdings in Daily Journal Corp. (S.C.) by 164.7% in the 4th quarter. UBS Group AG now owns 12,450 shares of the company’s stock valued at $6,067,000 after purchasing an additional 7,747 shares in the last quarter. Quadrature Capital Ltd acquired a new stake in shares of Daily Journal Corp. (S.C.) in the 3rd quarter worth $3,286,000. Finally, Caprock Group LLC acquired a new stake in shares of Daily Journal Corp. (S.C.) in the 3rd quarter worth $2,609,000. Hedge funds and other institutional investors own 51.23% of the company’s stock.

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

NASDAQ DJCO opened at $519.41 on Friday. The company has a market cap of $716.79 million, a P/E ratio of 51.17 and a beta of 0.87. Daily Journal Corp. has a 1-year low of $348.63 and a 1-year high of $674.75. The company has a debt-to-equity ratio of 0.06, a current ratio of 15.42 and a quick ratio of 15.42. The stock has a 50-day moving average of $507.79 and a two-hundred day moving average of $519.21.

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

Analyst Ratings Changes

A number of brokerages have issued reports on DJCO. Wall Street Zen downgraded Daily Journal Corp. (S.C.) from a “hold” rating to a “sell” rating in a research note on Saturday, February 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Daily Journal Corp. (S.C.) in a research note on Monday, May 18th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus 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.