GMT Capital Corp Reduces Position in Eastman Kodak (NYSE:KODK)

GMT Capital Corp decreased its position in Eastman Kodak (NYSE:KODK - Free Report) by 15.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 834,195 shares of the technology company's stock after selling 147,205 shares during the period. GMT Capital Corp owned about 1.04% of Eastman Kodak worth $5,481,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Price T Rowe Associates Inc. MD raised its position in Eastman Kodak by 5.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 67,170 shares of the technology company's stock valued at $442,000 after purchasing an additional 3,449 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in shares of Eastman Kodak by 157.1% during the fourth quarter. Tower Research Capital LLC TRC now owns 14,927 shares of the technology company's stock valued at $98,000 after buying an additional 9,121 shares during the period. MetLife Investment Management LLC raised its holdings in shares of Eastman Kodak by 27.1% during the fourth quarter. MetLife Investment Management LLC now owns 32,961 shares of the technology company's stock valued at $217,000 after acquiring an additional 7,032 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Eastman Kodak by 5.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,465,814 shares of the technology company's stock valued at $16,202,000 after acquiring an additional 123,669 shares in the last quarter. Finally, Jump Financial LLC purchased a new stake in Eastman Kodak in the fourth quarter worth $278,000. 33.65% of the stock is owned by hedge funds and other institutional investors.

Eastman Kodak Stock Up 1.4 %

Shares of Eastman Kodak stock opened at $6.07 on Wednesday. The company's fifty day simple moving average is $6.51 and its two-hundred day simple moving average is $6.32. Eastman Kodak has a 12-month low of $4.26 and a 12-month 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 company has a market cap of $489.85 million, a P/E ratio of 8.66 and a beta of 3.67.

Eastman Kodak (NYSE:KODK - Get Free Report) last announced 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 for the quarter.

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.

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