Guerin John Patrick Et Al

recently revealed that they own 13.6% of Daily Journal Co. (NASDAQ:DJCO) in a Schedule 13D/A disclosure that was filed with the Securities and Exchange Commission on Wednesday, January 17th. The investor owns 188,304 shares of the stock valued at approximately $45,117,638. The filing is available through Edgar at this hyperlink.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. State Street Corp boosted its position in shares of Daily Journal by 10.2% in the second quarter. State Street Corp now owns 18,670 shares of the company’s stock worth $3,855,000 after purchasing an additional 1,728 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Daily Journal by 18.3% in the second quarter. Dimensional Fund Advisors LP now owns 2,871 shares of the company’s stock worth $593,000 after purchasing an additional 444 shares during the period. TIAA CREF Investment Management LLC boosted its position in shares of Daily Journal by 1.3% in the second quarter. TIAA CREF Investment Management LLC now owns 3,188 shares of the company’s stock worth $658,000 after purchasing an additional 41 shares during the period. Wells Fargo & Company MN boosted its position in shares of Daily Journal by 0.4% in the second quarter. Wells Fargo & Company MN now owns 1,666 shares of the company’s stock worth $337,000 after purchasing an additional 7 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in shares of Daily Journal by 11.7% in the second quarter. Bank of New York Mellon Corp now owns 4,058 shares of the company’s stock worth $852,000 after purchasing an additional 426 shares during the period. Institutional investors own 37.72% of the company’s stock.

Daily Journal Co. (NASDAQ DJCO) traded down $2.40 on Wednesday, hitting $239.60. 576 shares of the company’s stock were exchanged, compared to its average volume of 1,130. The company has a market capitalization of $334.14, a price-to-earnings ratio of -363.03 and a beta of 1.69. Daily Journal Co. has a fifty-two week low of $195.00 and a fifty-two week high of $250.95. The company has a current ratio of 2.72, a quick ratio of 2.72 and a debt-to-equity ratio of 0.20.

Daily Journal (NASDAQ:DJCO) last issued its earnings results on Wednesday, December 13th. The company reported ($0.77) earnings per share for the quarter. Daily Journal had a negative return on equity of 0.63% and a negative net margin of 2.22%.

In related news, Director John Patrick Et Al Guerin sold 1,000 shares of the company’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $237.00, for a total transaction of $237,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 19.50% of the stock is currently owned by corporate insiders.

A number of equities analysts have weighed in on the stock. BidaskClub lowered shares of Daily Journal from a “hold” rating to a “sell” rating in a research report on Thursday, January 4th. TheStreet upgraded shares of Daily Journal from a “d+” rating to a “c-” rating in a research report on Tuesday, October 10th.

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Daily Journal Company Profile

Daily Journal Corporation publishes newspapers and Websites covering California and Arizona, and produces various specialized information services. The Company also serves as a newspaper representative specializing in public notice advertising. It operates through two segments: Traditional Business and Journal Technologies.

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Institutional Ownership by Quarter for Daily Journal (NASDAQ:DJCO)

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