Daily Journal (NASDAQ:DJCO) Raised to “B” at TheStreet

Daily Journal (NASDAQ:DJCO) was upgraded by equities researchers at TheStreet from a “c” rating to a “b” rating in a report issued on Thursday, TheStreetRatingsTable reports.

Separately, BidaskClub cut shares of Daily Journal from a “sell” rating to a “strong sell” rating in a report on Tuesday, February 4th.

Shares of Daily Journal stock opened at $288.00 on Thursday. The stock has a market capitalization of $397.44 million, a price-to-earnings ratio of -15.77 and a beta of 0.59. The company’s 50 day moving average price is $283.75 and its 200-day moving average price is $262.80. Daily Journal has a 52-week low of $197.00 and a 52-week high of $293.18. The company has a debt-to-equity ratio of 0.21, a quick ratio of 6.94 and a current ratio of 8.02.

Daily Journal (NASDAQ:DJCO) last released its quarterly earnings results on Thursday, December 12th. The company reported ($1.15) earnings per share for the quarter. The company had revenue of $13.00 million during the quarter. Daily Journal had a net margin of 21.09% and a return on equity of 8.52%.

In related news, Director John Patrick Et Al Guerin sold 200 shares of Daily Journal stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $292.38, for a total value of $58,476.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In the last quarter, insiders sold 1,284 shares of company stock worth $366,394. 18.60% of the stock is currently owned by company insiders.

A number of large investors have recently added to or reduced their stakes in DJCO. Bank of Montreal Can boosted its holdings in Daily Journal by 43.0% in the fourth quarter. Bank of Montreal Can now owns 143 shares of the company’s stock valued at $42,000 after acquiring an additional 43 shares in the last quarter. Citigroup Inc. boosted its holdings in shares of Daily Journal by 47.1% during the 4th quarter. Citigroup Inc. now owns 228 shares of the company’s stock valued at $66,000 after buying an additional 73 shares in the last quarter. Boston Partners bought a new stake in shares of Daily Journal during the 3rd quarter valued at $157,000. Barclays PLC boosted its holdings in shares of Daily Journal by 99.1% during the 4th quarter. Barclays PLC now owns 1,155 shares of the company’s stock valued at $335,000 after buying an additional 575 shares in the last quarter. Finally, Rhumbline Advisers boosted its holdings in shares of Daily Journal by 6.5% during the 3rd quarter. Rhumbline Advisers now owns 1,788 shares of the company’s stock valued at $443,000 after buying an additional 109 shares in the last quarter. Institutional investors and hedge funds own 40.85% of the company’s stock.

Daily Journal Company Profile

Daily Journal Corporation publishes newspapers and Websites covering in California, Arizona, Colorado, and Utah. 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, The Daily Transcript, Business Journal, and The Record Reporter.

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