Royce & Associates LP Sells 530,360 Shares of Eastman Kodak (NYSE:KODK)

Royce & Associates LP lowered its position in Eastman Kodak (NYSE:KODK - Free Report) by 56.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 409,974 shares of the technology company's stock after selling 530,360 shares during the period. Royce & Associates LP owned 0.51% of Eastman Kodak worth $2,694,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Victory Capital Management Inc. bought a new stake in Eastman Kodak during the third quarter worth $635,000. Empowered Funds LLC grew its holdings in shares of Eastman Kodak by 5.4% in the third quarter. Empowered Funds LLC now owns 342,460 shares of the technology company's stock valued at $1,616,000 after acquiring an additional 17,420 shares in the last quarter. Intech Investment Management LLC purchased a new stake in shares of Eastman Kodak during the third quarter valued at approximately $62,000. Quantbot Technologies LP purchased a new position in Eastman Kodak in the third quarter worth $68,000. Finally, BNP Paribas Financial Markets grew its stake in Eastman Kodak by 21.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 12,607 shares of the technology company's stock valued at $60,000 after purchasing an additional 2,210 shares during the period. 33.65% of the stock is currently owned by institutional investors.

Eastman Kodak Stock Performance

Shares of NYSE KODK traded down $0.08 during mid-day trading on Tuesday, reaching $6.41. 885,248 shares of the company's stock were exchanged, compared to its average volume of 902,446. The firm has a market capitalization of $516.65 million, a price-to-earnings ratio of 9.16 and a beta of 3.75. The firm has a 50-day moving average price of $7.10 and a two-hundred day moving average price of $6.15. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.41 and a quick ratio of 1.51. Eastman Kodak has a 52 week low of $4.26 and a 52 week high of $8.24.

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Eastman Kodak (NYSE:KODK - Get Free Report) last issued its quarterly earnings results on Monday, March 17th. The technology company reported $0.23 earnings per share (EPS) for the quarter. Eastman Kodak had a net margin of 7.70% and a return on equity of 8.47%. The company had revenue of $266.00 million during the quarter.

Eastman Kodak Company Profile

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.