Royce & Associates LP trimmed its stake in shares of Eastman Kodak (NYSE:KODK - Free Report) by 56.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 409,974 shares of the technology company's stock after selling 530,360 shares during the period. Royce & Associates LP owned about 0.51% of Eastman Kodak worth $2,694,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. BNP Paribas Financial Markets grew its position in Eastman Kodak by 21.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 12,607 shares of the technology company's stock worth $60,000 after purchasing an additional 2,210 shares in the last quarter. Intech Investment Management LLC purchased a new position in shares of Eastman Kodak during the third quarter valued at $62,000. Commonwealth Equity Services LLC purchased a new position in shares of Eastman Kodak during the fourth quarter valued at $67,000. Quantbot Technologies LP acquired a new position in Eastman Kodak during the third quarter valued at $68,000. Finally, Cobblestone Capital Advisors LLC NY purchased a new stake in Eastman Kodak in the 3rd quarter worth about $95,000. Institutional investors and hedge funds own 33.65% of the company's stock.
Eastman Kodak Stock Up 3.8 %
NYSE:KODK traded up $0.24 on Monday, hitting $6.49. 751,884 shares of the company's stock traded hands, compared to its average volume of 902,482. The company has a market cap of $522.69 million, a PE ratio of 9.26 and a beta of 3.75. Eastman Kodak has a 1 year low of $4.26 and a 1 year high of $8.24. The company has a current ratio of 2.41, a quick ratio of 1.51 and a debt-to-equity ratio of 0.47. The firm has a 50-day moving average price of $7.10 and a 200-day moving average price of $6.15.
Eastman Kodak (NYSE:KODK - Get Free Report) last posted its quarterly earnings results on Monday, March 17th. The technology company reported $0.23 EPS for the quarter. The business had revenue of $266.00 million during the quarter. Eastman Kodak had a net margin of 7.70% and a return on equity of 8.47%.
Eastman Kodak Profile
(
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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