RWWM Inc. Has $173.91 Million Holdings in Daily Journal Corp. (S.C.) $DJCO

RWWM Inc. reduced its stake in Daily Journal Corp. (S.C.) (NASDAQ:DJCO) by 2.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 360,560 shares of the company’s stock after selling 7,296 shares during the period. Daily Journal Corp. (S.C.) comprises approximately 12.7% of RWWM Inc.’s investment portfolio, making the stock its 2nd largest position. RWWM Inc. owned 0.26% of Daily Journal Corp. (S.C.) worth $173,913,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of Daily Journal Corp. (S.C.) by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 102,622 shares of the company’s stock worth $50,010,000 after purchasing an additional 534 shares during the period. AltraVue Capital LLC boosted its holdings in Daily Journal Corp. (S.C.) by 17.7% in the fourth quarter. AltraVue Capital LLC now owns 66,819 shares of the company’s stock worth $32,562,000 after acquiring an additional 10,060 shares in the last quarter. Advisory Research Inc. lifted its holdings in shares of Daily Journal Corp. (S.C.) by 14.1% in the 4th quarter. Advisory Research Inc. now owns 65,564 shares of the company’s stock worth $31,951,000 after purchasing an additional 8,097 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Daily Journal Corp. (S.C.) by 2.8% during the third quarter. Dimensional Fund Advisors LP now owns 45,327 shares of the company’s stock worth $21,084,000 after buying an additional 1,242 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake 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 buying an additional 381 shares in the last quarter. 51.23% of the stock is owned by institutional investors and hedge funds.

Daily Journal Corp. (S.C.) Trading Down 1.9%

Shares of Daily Journal Corp. (S.C.) stock opened at $570.68 on Wednesday. The company has a market capitalization of $787.54 million, a P/E ratio of 56.22 and a beta of 0.83. The stock has a fifty day simple moving average of $529.34 and a 200 day simple moving average of $536.14. Daily Journal Corp. has a 12-month low of $348.63 and a 12-month high of $674.75. The company has a current ratio of 15.42, a quick ratio of 15.42 and a debt-to-equity ratio of 0.06.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut shares of Daily Journal Corp. (S.C.) from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, July 1st. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Daily Journal Corp. (S.C.) currently has an average rating of “Hold”.

Daily Journal Corp. (S.C.) Company 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.