JPMorgan Chase & Co. Buys 2,133 Shares of Daily Journal Co. (NASDAQ:DJCO)

JPMorgan Chase & Co. raised its position in shares of Daily Journal Co. (NASDAQ:DJCO) by 71.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 5,099 shares of the company’s stock after acquiring an additional 2,133 shares during the quarter. JPMorgan Chase & Co.’s holdings in Daily Journal were worth $2,896,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. FMR LLC lifted its position in shares of Daily Journal by 23.9% during the 3rd quarter. FMR LLC now owns 202 shares of the company’s stock valued at $99,000 after buying an additional 39 shares during the last quarter. State Street Corp lifted its holdings in Daily Journal by 18.3% during the third quarter. State Street Corp now owns 32,968 shares of the company’s stock valued at $16,158,000 after purchasing an additional 5,092 shares during the last quarter. Barclays PLC boosted its position in Daily Journal by 343.1% during the third quarter. Barclays PLC now owns 2,233 shares of the company’s stock worth $1,094,000 after purchasing an additional 1,729 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in shares of Daily Journal in the third quarter worth about $3,137,000. Finally, Principal Financial Group Inc. bought a new stake in shares of Daily Journal in the third quarter valued at approximately $309,000. 51.23% of the stock is owned by hedge funds and other institutional investors.

Daily Journal Stock Performance

Shares of DJCO stock opened at $379.63 on Wednesday. Daily Journal Co. has a 12 month low of $333.29 and a 12 month high of $602.00. The stock has a market capitalization of $522.75 million, a P/E ratio of 6.84 and a beta of 0.89. The company has a current ratio of 12.31, a quick ratio of 10.26 and a debt-to-equity ratio of 0.10. The firm’s 50 day moving average is $393.57 and its 200 day moving average is $475.28.

Daily Journal (NASDAQ:DJCO) last posted its quarterly earnings results on Tuesday, February 18th. The company reported $7.91 EPS for the quarter. Daily Journal had a return on equity of 20.64% and a net margin of 106.63%. The firm had revenue of $17.70 million during the quarter.

About Daily Journal

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.