RWWM Inc. Has $157.66 Million Holdings in Daily Journal Corp. (S.C.) $DJCO

RWWM Inc. raised its holdings in Daily Journal Corp. (S.C.) (NASDAQ:DJCO) by 1.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 338,941 shares of the company’s stock after buying an additional 4,039 shares during the quarter. Daily Journal Corp. (S.C.) accounts for about 11.3% of RWWM Inc.’s investment portfolio, making the stock its 3rd largest position. RWWM Inc. owned about 24.61% of Daily Journal Corp. (S.C.) worth $157,655,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Rhumbline Advisers grew its stake in shares of Daily Journal Corp. (S.C.) by 1.7% in the second quarter. Rhumbline Advisers now owns 2,097 shares of the company’s stock worth $885,000 after acquiring an additional 35 shares during the last quarter. State of Alaska Department of Revenue bought a new stake in Daily Journal Corp. (S.C.) in the 3rd quarter valued at $27,000. Intech Investment Management LLC grew its position in Daily Journal Corp. (S.C.) by 11.9% in the 2nd quarter. Intech Investment Management LLC now owns 600 shares of the company’s stock worth $253,000 after purchasing an additional 64 shares during the last quarter. Legal & General Group Plc increased its holdings in shares of Daily Journal Corp. (S.C.) by 10.4% during the 2nd quarter. Legal & General Group Plc now owns 1,264 shares of the company’s stock worth $534,000 after purchasing an additional 119 shares during the period. Finally, American Century Companies Inc. increased its holdings in shares of Daily Journal Corp. (S.C.) by 7.8% during the 2nd quarter. American Century Companies Inc. now owns 3,001 shares of the company’s stock worth $1,267,000 after purchasing an additional 216 shares during the period. 51.23% of the stock is owned by institutional investors.

Daily Journal Corp. (S.C.) Stock Up 0.3%

NASDAQ DJCO opened at $586.37 on Friday. Daily Journal Corp. has a 1-year low of $348.63 and a 1-year high of $674.75. The company has a market capitalization of $809.19 million, a price-to-earnings ratio of 7.20 and a beta of 0.82. The stock’s 50 day moving average is $542.42 and its two-hundred day moving average is $467.02. The company has a current ratio of 13.89, a quick ratio of 13.89 and a debt-to-equity ratio of 0.06.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) last issued its earnings results on Monday, December 29th. The company reported $30.61 earnings per share (EPS) for the quarter. The business had revenue of $28.41 million during the quarter. Daily Journal Corp. (S.C.) had a return on equity of 32.88% and a net margin of 127.86%.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c+)” rating on shares of Daily Journal Corp. (S.C.) in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Daily Journal Corp. (S.C.) has an average rating of “Hold”.

Daily Journal Corp. (S.C.) Company 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.