Corient Private Wealth LP Makes New $2.60 Million Investment in Daily Journal Corp. (S.C.) $DJCO

by · The Markets Daily

Corient Private Wealth LP acquired a new position in shares of Daily Journal Corp. (S.C.) (NASDAQ:DJCO – Free Report) in the second quarter, HoldingsChannel reports. The fund acquired 4,320 shares of the company’s stock, valued at approximately $2,597,000.

Several other large investors have also recently bought and sold shares of the company. Bank of America Corp DE bought a new stake in shares of Daily Journal Corp. (S.C.) in the 2nd quarter valued at $1,140,000. Jupiter Topco LLC bought a new position in shares of Daily Journal Corp. (S.C.) during the 2nd quarter valued at about $359,000. Legal & General Group Plc bought a new position in shares of Daily Journal Corp. (S.C.) during the 2nd quarter valued at about $656,000. The Manufacturers Life Insurance Company acquired a new position in shares of Daily Journal Corp. (S.C.) in the 2nd quarter valued at approximately $209,000. Finally, Quantbot Technologies LP acquired a new position in shares of Daily Journal Corp. (S.C.) in the 2nd quarter valued at approximately $58,000. Institutional investors own 51.23% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on DJCO shares. Wall Street Zen raised Daily Journal Corp. (S.C.) from a “sell” rating to a “hold” rating in a research note on Saturday, August 22nd. Weiss Ratings lowered shares of Daily Journal Corp. (S.C.) from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, August 14th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

Check Out Our Latest Analysis on Daily Journal Corp. (S.C.)

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

DJCO stock opened at $617.54 on Thursday. The stock has a 50-day moving average price of $591.24 and a two-hundred day moving average price of $539.71. The stock has a market cap of $852.21 million, a PE ratio of -75.13 and a beta of 0.85. The company has a current ratio of 11.65, a quick ratio of 11.65 and a debt-to-equity ratio of 0.06. Daily Journal Corp. has a 1 year low of $348.63 and a 1 year high of $674.75.

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

About Daily Journal Corp. (S.C.)

(Free Report)

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.

See Also

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