BNP Paribas Financial Markets Purchases 847 Shares of Daily Journal Co. (NASDAQ:DJCO)

BNP Paribas Financial Markets increased its position in Daily Journal Co. (NASDAQ:DJCO) by 172.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 1,337 shares of the company’s stock after purchasing an additional 847 shares during the period. BNP Paribas Financial Markets’ holdings in Daily Journal were worth $655,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in DJCO. AltraVue Capital LLC grew its position in shares of Daily Journal by 195.8% in the 2nd quarter. AltraVue Capital LLC now owns 34,826 shares of the company’s stock worth $13,738,000 after buying an additional 23,052 shares during the period. Dimensional Fund Advisors LP grew its holdings in Daily Journal by 22.9% in the second quarter. Dimensional Fund Advisors LP now owns 29,040 shares of the company’s stock worth $11,455,000 after purchasing an additional 5,413 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Daily Journal by 133.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 8,622 shares of the company’s stock valued at $4,226,000 after purchasing an additional 4,924 shares in the last quarter. Legato Capital Management LLC boosted its position in shares of Daily Journal by 199.9% in the 2nd quarter. Legato Capital Management LLC now owns 6,993 shares of the company’s stock worth $2,759,000 after purchasing an additional 4,661 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its position in shares of Daily Journal by 39.8% in the 2nd quarter. Renaissance Technologies LLC now owns 5,311 shares of the company’s stock worth $2,095,000 after purchasing an additional 1,511 shares in the last quarter. Hedge funds and other institutional investors own 51.23% of the company’s stock.

Daily Journal Trading Down 2.7 %

Shares of NASDAQ:DJCO opened at $572.90 on Friday. Daily Journal Co. has a 1 year low of $309.22 and a 1 year high of $602.00. The stock’s fifty day moving average price is $532.68 and its 200-day moving average price is $468.11. The company has a market cap of $788.88 million, a P/E ratio of 17.57 and a beta of 0.94. The company has a debt-to-equity ratio of 0.11, a current ratio of 8.58 and a quick ratio of 8.58.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Daily Journal from a “sell” rating to a “hold” rating in a report on Friday, August 23rd.

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.