Charles Schwab Investment Management Inc. Purchases 164 Shares of Daily Journal Co. (NASDAQ:DJCO)

Charles Schwab Investment Management Inc. lifted its position in Daily Journal Co. (NASDAQ:DJCO) by 1.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 8,786 shares of the company’s stock after buying an additional 164 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Daily Journal were worth $4,990,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. FMR LLC increased its position in shares of Daily Journal by 23.9% during the third quarter. FMR LLC now owns 202 shares of the company’s stock valued at $99,000 after acquiring an additional 39 shares in the last quarter. Cross Staff Investments Inc purchased a new position in shares of Daily Journal in the fourth quarter worth $227,000. Miracle Mile Advisors LLC purchased a new position in shares of Daily Journal in the fourth quarter worth $250,000. SG Americas Securities LLC boosted its position in shares of Daily Journal by 8.4% during the fourth quarter. SG Americas Securities LLC now owns 541 shares of the company’s stock valued at $307,000 after buying an additional 42 shares during the last quarter. Finally, Principal Financial Group Inc. bought a new stake in Daily Journal in the 3rd quarter worth about $309,000. Institutional investors own 51.23% of the company’s stock.

Daily Journal Price Performance

NASDAQ DJCO opened at $407.10 on Wednesday. Daily Journal Co. has a one year low of $333.29 and a one year high of $602.00. The stock has a 50-day moving average of $419.99 and a 200 day moving average of $490.32. The company has a debt-to-equity ratio of 0.10, a quick ratio of 10.26 and a current ratio of 12.31. The company has a market capitalization of $560.58 million, a price-to-earnings ratio of 7.34 and a beta of 0.90.

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

Daily Journal Company Profile

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.