GSA Capital Partners LLP Cuts Stock Position in Eastman Kodak (NYSE:KODK)

GSA Capital Partners LLP lessened its holdings in shares of Eastman Kodak (NYSE:KODK - Free Report) by 38.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 181,103 shares of the technology company's stock after selling 111,357 shares during the quarter. GSA Capital Partners LLP owned approximately 0.23% of Eastman Kodak worth $855,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. BNP Paribas Financial Markets grew its stake in shares of Eastman Kodak by 83.4% during the 1st quarter. BNP Paribas Financial Markets now owns 27,781 shares of the technology company's stock valued at $138,000 after acquiring an additional 12,637 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of Eastman Kodak by 5.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 60,823 shares of the technology company's stock worth $302,000 after purchasing an additional 3,214 shares in the last quarter. CWM LLC raised 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 valued at $61,000 after purchasing an additional 6,415 shares during the period. Gladius Capital Management LP bought a new stake in shares of Eastman Kodak during the 2nd quarter valued at $33,000. Finally, Tennessee Valley Asset Management Partners lifted its stake in shares of Eastman Kodak by 43.8% during the 2nd quarter. Tennessee Valley Asset Management Partners now owns 23,000 shares of the technology company's stock valued at $124,000 after buying an additional 7,000 shares in the last quarter. Institutional investors own 33.65% of the company's stock.

Eastman Kodak Price Performance

NYSE KODK traded down $0.06 during trading hours on Friday, reaching $4.50. The company's stock had a trading volume of 1,303,298 shares, compared to its average volume of 667,954. Eastman Kodak has a 1 year low of $3.33 and a 1 year high of $6.18. The company has a quick ratio of 1.54, a current ratio of 2.41 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $361.80 million, a price-to-earnings ratio of 6.43 and a beta of 3.64. The firm's 50-day moving average price is $4.86 and its 200-day moving average price is $5.14.

Eastman Kodak (NYSE:KODK - Get Free Report) last released its earnings results on Tuesday, November 12th. The technology company reported $0.15 EPS for the quarter. Eastman Kodak had a net margin of 7.70% and a return on equity of 8.47%. The firm had revenue of $261.00 million for the quarter.

Analyst Ratings Changes

Separately, StockNews.com raised Eastman Kodak from a "sell" rating to a "hold" rating in a report on Tuesday, August 13th.

About Eastman Kodak

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.