Daily Journal (DJCO) Upgraded by BidaskClub to Hold
BidaskClub upgraded shares of Daily Journal (NASDAQ:DJCO) from a sell rating to a hold rating in a research note issued to investors on Monday.
Separately, TheStreet upgraded Daily Journal from a d+ rating to a c- rating in a research note on Tuesday, October 10th.
Daily Journal (NASDAQ DJCO) opened at $227.00 on Monday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.72 and a current ratio of 2.72. Daily Journal has a 12 month low of $195.00 and a 12 month high of $250.95.
In other Daily Journal news, Director John Patrick Et Al Guerin sold 701 shares of the stock in a transaction on Friday, December 8th. The stock was sold at an average price of $237.01, for a total transaction of $166,144.01. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders have sold 2,005 shares of company stock valued at $474,280 over the last quarter. Corporate insiders own 19.50% of the company’s stock.
A number of institutional investors have recently added to or reduced their stakes in the business. Mraz Amerine & Associates Inc. acquired a new position in Daily Journal during the fourth quarter worth $205,000. SG Americas Securities LLC acquired a new position in Daily Journal during the fourth quarter worth $211,000. Dimensional Fund Advisors LP raised its stake in Daily Journal by 34.0% during the third quarter. Dimensional Fund Advisors LP now owns 3,846 shares of the company’s stock worth $841,000 after acquiring an additional 975 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of Daily Journal by 36.3% in the third quarter. Wells Fargo & Company MN now owns 2,270 shares of the company’s stock valued at $496,000 after buying an additional 604 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its stake in shares of Daily Journal by 12.4% in the second quarter. The Manufacturers Life Insurance Company now owns 1,051 shares of the company’s stock valued at $217,000 after buying an additional 116 shares in the last quarter. Hedge funds and other institutional investors own 37.79% of the company’s stock.
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Daily Journal Company Profile
Daily Journal Corporation publishes newspapers and Websites covering California and Arizona, and produces various specialized information services. The Company also serves as a newspaper representative specializing in public notice advertising. It operates through two segments: Traditional Business and Journal Technologies.
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