Quantinno Capital Management LP Grows Position in Daily Journal Corp. (S.C.) $DJCO

Quantinno Capital Management LP boosted its stake in shares of Daily Journal Corp. (S.C.) (NASDAQ:DJCO) by 311.5% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,860 shares of the company’s stock after acquiring an additional 1,408 shares during the period. Quantinno Capital Management LP owned 0.13% of Daily Journal Corp. (S.C.) worth $897,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Advisory Services Network LLC purchased a new stake in Daily Journal Corp. (S.C.) in the 3rd quarter worth $36,000. Strs Ohio purchased a new position in shares of Daily Journal Corp. (S.C.) during the fourth quarter valued at about $49,000. Parallel Advisors LLC increased its holdings 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 worth $52,000 after purchasing an additional 68 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in shares of Daily Journal Corp. (S.C.) in the fourth quarter worth about $55,000. Finally, CWM LLC lifted its position in shares of Daily Journal Corp. (S.C.) by 208.7% in the fourth quarter. CWM LLC now owns 142 shares of the company’s stock worth $69,000 after buying an additional 96 shares in the last quarter. 51.23% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Daily Journal Corp. (S.C.) from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 23rd. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Daily Journal Corp. (S.C.) currently has an average rating of “Hold”.

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

Shares of DJCO opened at $603.33 on Monday. The stock has a market capitalization of $832.60 million, a PE ratio of -73.40 and a beta of 0.84. The company’s fifty day moving average is $571.73 and its 200 day moving average is $535.70. The company has a debt-to-equity ratio of 0.06, a quick ratio of 11.65 and a current ratio of 11.65. Daily Journal Corp. has a fifty-two week low of $348.63 and a fifty-two week high of $674.75.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) last released its quarterly earnings data on Wednesday, August 12th. The company reported ($7.90) EPS for the quarter. Daily Journal Corp. (S.C.) had a negative net margin of 11.63% and a negative return on equity of 3.11%. The business had revenue of $26.98 million for the quarter.

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.