Victory Capital Management Inc. bought a new stake in Eastman Kodak (NYSE:KODK - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 134,569 shares of the technology company's stock, valued at approximately $635,000. Victory Capital Management Inc. owned about 0.17% of Eastman Kodak as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC acquired a new stake in shares of Eastman Kodak during the 3rd quarter worth approximately $25,000. Gladius Capital Management LP acquired a new stake in shares of Eastman Kodak during the 2nd quarter worth approximately $33,000. CWM LLC lifted its position in shares of Eastman Kodak by 128.4% during the 2nd quarter. CWM LLC now owns 11,410 shares of the technology company's stock worth $61,000 after buying an additional 6,415 shares during the period. Rathbones Group PLC bought a new position in shares of Eastman Kodak during the 2nd quarter worth approximately $69,000. Finally, SG Americas Securities LLC lifted its position in shares of Eastman Kodak by 102.5% during the 3rd quarter. SG Americas Securities LLC now owns 22,609 shares of the technology company's stock worth $107,000 after buying an additional 11,443 shares during the period. Institutional investors and hedge funds own 33.65% of the company's stock.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded Eastman Kodak from a "sell" rating to a "hold" rating in a research report on Tuesday, August 13th.
Check Out Our Latest Research Report on KODK
Eastman Kodak Price Performance
Shares of Eastman Kodak stock traded up $0.11 during midday trading on Friday, hitting $7.25. 2,458,427 shares of the company were exchanged, compared to its average volume of 898,830. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.41 and a quick ratio of 1.51. The firm has a market cap of $582.90 million, a P/E ratio of 10.96 and a beta of 3.64. Eastman Kodak has a 52 week low of $3.33 and a 52 week high of $7.74. The firm has a 50 day simple moving average of $5.04 and a 200-day simple moving average of $5.21.
Eastman Kodak (NYSE:KODK - Get Free Report) last issued its quarterly earnings data on Tuesday, November 12th. The technology company reported $0.15 earnings per share (EPS) for the quarter. Eastman Kodak had a return on equity of 8.47% and a net margin of 7.70%. The firm had revenue of $261.00 million during the quarter.
Eastman Kodak Profile
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Free Report)
Eastman Kodak Company engages in the provision of hardware, software, consumables, and services to customers in the commercial print, packaging, publishing, manufacturing, and entertainment markets worldwide. The company operates through three segments: Print, Advanced Materials and Chemicals, and Brand.
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