Eastman Kodak (NYSE:KODK) Holdings Raised by Empowered Funds LLC

Empowered Funds LLC increased its stake in shares of Eastman Kodak (NYSE:KODK - Free Report) by 22.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 417,758 shares of the technology company's stock after buying an additional 75,298 shares during the quarter. Empowered Funds LLC owned about 0.52% of Eastman Kodak worth $2,745,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. SG Americas Securities LLC boosted its position in Eastman Kodak by 41.6% during the 4th quarter. SG Americas Securities LLC now owns 32,018 shares of the technology company's stock worth $210,000 after acquiring an additional 9,409 shares during the period. JPMorgan Chase & Co. boosted its position in Eastman Kodak by 75.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 222,065 shares of the technology company's stock worth $1,048,000 after acquiring an additional 95,402 shares during the period. Franklin Resources Inc. acquired a new position in Eastman Kodak during the 3rd quarter worth $180,000. Barclays PLC boosted its position in Eastman Kodak by 277.6% during the 3rd quarter. Barclays PLC now owns 79,094 shares of the technology company's stock worth $373,000 after acquiring an additional 58,150 shares during the period. Finally, Geode Capital Management LLC boosted its position in Eastman Kodak by 3.9% during the 3rd quarter. Geode Capital Management LLC now owns 1,528,671 shares of the technology company's stock worth $7,217,000 after acquiring an additional 57,487 shares during the period. 33.65% of the stock is currently owned by institutional investors.

Eastman Kodak Stock Performance

KODK stock traded down $0.27 during trading on Monday, reaching $7.76. 861,900 shares of the company's stock were exchanged, compared to its average volume of 1,208,091. The company has a quick ratio of 1.51, a current ratio of 2.41 and a debt-to-equity ratio of 0.47. Eastman Kodak has a 1-year low of $3.37 and a 1-year high of $8.24. The company's fifty day moving average price is $7.05 and its 200-day moving average price is $5.83. The firm has a market cap of $624.06 million, a PE ratio of 11.09 and a beta of 3.66.

Insiders Place Their Bets

In other news, Director Philippe D. Katz acquired 6,000 shares of the business's stock in a transaction dated Wednesday, December 11th. The stock was acquired at an average price of $6.50 per share, for a total transaction of $39,000.00. Following the completion of the acquisition, the director now directly owns 170,026 shares in the company, valued at $1,105,169. This represents a 3.66 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, Director Michael Sileck acquired 10,000 shares of the business's stock in a transaction dated Thursday, December 19th. The stock was purchased at an average price of $7.02 per share, with a total value of $70,200.00. Following the acquisition, the director now owns 107,940 shares of the company's stock, valued at approximately $757,738.80. This trade represents a 10.21 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 23.86% of the stock is currently owned by insiders.

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.