First Eagle Investment Management LLC Makes New Investment in Eastman Kodak (NYSE:KODK)

First Eagle Investment Management LLC acquired a new position in shares of Eastman Kodak (NYSE:KODK - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 325,432 shares of the technology company's stock, valued at approximately $2,138,000. First Eagle Investment Management LLC owned approximately 0.40% of Eastman Kodak as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of KODK. ARK Investment Management LLC lifted its stake in shares of Eastman Kodak by 9.7% in the 4th quarter. ARK Investment Management LLC now owns 19,218 shares of the technology company's stock valued at $126,000 after purchasing an additional 1,692 shares during the period. Rhumbline Advisers lifted its stake in shares of Eastman Kodak by 2.0% in the 4th quarter. Rhumbline Advisers now owns 98,600 shares of the technology company's stock valued at $648,000 after purchasing an additional 1,903 shares during the period. BNP Paribas Financial Markets raised its stake 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 buying an additional 2,210 shares during the period. SG Americas Securities LLC raised its stake 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 buying an additional 9,409 shares during the period. Finally, Cobblestone Capital Advisors LLC NY raised its stake in Eastman Kodak by 49.7% during the 4th quarter. Cobblestone Capital Advisors LLC NY now owns 30,140 shares of the technology company's stock worth $198,000 after buying an additional 10,000 shares during the period. Institutional investors and hedge funds own 33.65% of the company's stock.

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Eastman Kodak Trading Down 2.5 %

Eastman Kodak stock traded down $0.17 during mid-day trading on Thursday, hitting $6.51. 608,499 shares of the company's stock were exchanged, compared to its average volume of 901,297. The firm has a market capitalization of $523.00 million, a P/E ratio of 9.29 and a beta of 3.75. Eastman Kodak has a fifty-two week low of $4.26 and a fifty-two week high of $8.24. The company has a quick ratio of 1.51, a current ratio of 2.41 and a debt-to-equity ratio of 0.47. The company's 50 day simple moving average is $7.09 and its 200-day simple moving average is $6.12.

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

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.