Daily Journal (DJCO) Upgraded by BidaskClub to Buy

BidaskClub upgraded shares of Daily Journal (NASDAQ:DJCO) from a hold rating to a buy rating in a research report report published on Thursday.

NASDAQ:DJCO opened at $233.48 on Thursday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 8.80 and a current ratio of 8.80. Daily Journal has a one year low of $212.20 and a one year high of $257.70.

Several large investors have recently bought and sold shares of DJCO. BlackRock Inc. increased its position in shares of Daily Journal by 6.1% during the second quarter. BlackRock Inc. now owns 58,076 shares of the company’s stock worth $13,369,000 after acquiring an additional 3,349 shares in the last quarter. Northern Trust Corp increased its position in shares of Daily Journal by 4.7% during the second quarter. Northern Trust Corp now owns 13,157 shares of the company’s stock worth $3,029,000 after acquiring an additional 594 shares in the last quarter. MetLife Investment Advisors LLC increased its position in shares of Daily Journal by 56.9% during the third quarter. MetLife Investment Advisors LLC now owns 938 shares of the company’s stock worth $226,000 after acquiring an additional 340 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. increased its position in shares of Daily Journal by 14.1% during the second quarter. Schwab Charles Investment Management Inc. now owns 2,282 shares of the company’s stock worth $526,000 after acquiring an additional 282 shares in the last quarter. 38.84% of the stock is owned by institutional investors.

About Daily Journal

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, including Los Angeles Daily Journal, Daily Commerce, San Francisco Daily Journal, 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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