Janus Henderson Group PLC Lowers Holdings in Daily Journal Corp. (S.C.) $DJCO

Janus Henderson Group PLC reduced its stake in shares of Daily Journal Corp. (S.C.) (NASDAQ:DJCO) by 94.8% during the 1st quarter, Holdings Channel.com reports. The firm owned 600 shares of the company’s stock after selling 10,837 shares during the quarter. Janus Henderson Group PLC’s holdings in Daily Journal Corp. (S.C.) were worth $289,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of DJCO. Principal Financial Group Inc. purchased a new stake in shares of Daily Journal Corp. (S.C.) in the first quarter worth about $4,169,000. Legato Capital Management LLC raised its position in Daily Journal Corp. (S.C.) by 18.2% during the fourth quarter. Legato Capital Management LLC now owns 14,217 shares of the company’s stock valued at $6,928,000 after acquiring an additional 2,190 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new position in Daily Journal Corp. (S.C.) during the first quarter valued at approximately $444,000. UBS Group AG lifted its holdings in Daily Journal Corp. (S.C.) by 164.7% in the fourth quarter. UBS Group AG now owns 12,450 shares of the company’s stock valued at $6,067,000 after acquiring an additional 7,747 shares during the period. Finally, AltraVue Capital LLC lifted its holdings in Daily Journal Corp. (S.C.) by 17.7% in the fourth quarter. AltraVue Capital LLC now owns 66,819 shares of the company’s stock valued at $32,562,000 after acquiring an additional 10,060 shares during the period. Hedge funds and other institutional investors own 51.23% of the company’s stock.

Daily Journal Corp. (S.C.) Trading Down 0.3%

Shares of Daily Journal Corp. (S.C.) stock opened at $559.88 on Wednesday. The firm has a 50-day simple moving average of $567.92 and a two-hundred day simple moving average of $537.19. The company has a debt-to-equity ratio of 0.06, a quick ratio of 15.42 and a current ratio of 15.42. Daily Journal Corp. has a fifty-two week low of $348.63 and a fifty-two week high of $674.75. The company has a market cap of $772.63 million, a P/E ratio of 55.16 and a beta of 0.84.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) last posted its earnings results on Thursday, May 14th. The company reported ($25.14) EPS for the quarter. Daily Journal Corp. (S.C.) had a net margin of 14.83% and a return on equity of 3.79%. The business had revenue of $22.72 million for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded Daily Journal Corp. (S.C.) from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 23rd. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Daily Journal Corp. (S.C.) has an average rating of “Hold”.

Daily Journal Corp. (S.C.) Profile

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.