Daily Journal Co. (NASDAQ:DJCO) Shares Sold by RWWM Inc.

RWWM Inc. cut its position in shares of Daily Journal Co. (NASDAQ:DJCO) by 0.5% during the 4th quarter, Holdings Channel reports. The firm owned 316,714 shares of the company’s stock after selling 1,507 shares during the period. Daily Journal comprises 16.4% of RWWM Inc.’s investment portfolio, making the stock its 2nd largest position. RWWM Inc. owned about 0.23% of Daily Journal worth $179,890,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. New Age Alpha Advisors LLC purchased a new stake in Daily Journal in the 4th quarter worth about $37,000. FMR LLC lifted its position in shares of Daily Journal by 23.9% in the third quarter. FMR LLC now owns 202 shares of the company’s stock worth $99,000 after purchasing an additional 39 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new stake in shares of Daily Journal during the fourth quarter worth approximately $170,000. Arizona State Retirement System purchased a new position in Daily Journal during the fourth quarter valued at approximately $215,000. Finally, Cross Staff Investments Inc acquired a new position in Daily Journal in the 4th quarter valued at approximately $227,000. 51.23% of the stock is currently owned by institutional investors.

Daily Journal Stock Up 0.3 %

Shares of Daily Journal stock opened at $394.83 on Tuesday. The firm has a market cap of $543.68 million, a price-to-earnings ratio of 7.12 and a beta of 0.90. The stock has a 50-day simple moving average of $438.07 and a 200-day simple moving average of $494.07. The company has a debt-to-equity ratio of 0.10, a current ratio of 12.31 and a quick ratio of 10.26. Daily Journal Co. has a 52-week low of $333.29 and a 52-week high of $602.00.

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

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.