Alliancebernstein L.P. lowered its position in Eastman Kodak (NYSE:KODK - Free Report) by 50.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,540 shares of the technology company's stock after selling 47,200 shares during the period. Alliancebernstein L.P. owned about 0.06% of Eastman Kodak worth $306,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. Commonwealth Equity Services LLC bought a new stake in Eastman Kodak in the 4th quarter valued at $67,000. AXQ Capital LP bought a new stake in shares of Eastman Kodak in the fourth quarter valued at about $92,000. LPL Financial LLC boosted its position in shares of Eastman Kodak by 27.6% during the fourth quarter. LPL Financial LLC now owns 18,337 shares of the technology company's stock worth $120,000 after buying an additional 3,968 shares during the period. ARK Investment Management LLC boosted its position in shares of Eastman Kodak by 9.7% during the fourth quarter. ARK Investment Management LLC now owns 19,218 shares of the technology company's stock worth $126,000 after buying an additional 1,692 shares during the period. Finally, Cobblestone Capital Advisors LLC NY grew its holdings in shares of Eastman Kodak by 49.7% during the fourth 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 in the last quarter. Institutional investors and hedge funds own 33.65% of the company's stock.
Eastman Kodak Stock Down 0.8 %
NYSE KODK traded down $0.05 during trading on Friday, hitting $6.23. The stock had a trading volume of 539,512 shares, compared to its average volume of 949,856. Eastman Kodak has a 12 month low of $4.26 and a 12 month high of $8.24. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.51 and a current ratio of 2.41. The company's 50-day moving average price is $6.43 and its two-hundred day moving average price is $6.34. The company has a market capitalization of $503.17 million, a PE ratio of 8.90 and a beta of 3.67.
Eastman Kodak (NYSE:KODK - Get Free Report) last announced its quarterly earnings data on Monday, March 17th. The technology company reported $0.23 EPS for the quarter. The business had revenue of $266.00 million for the quarter. Eastman Kodak had a net margin of 7.70% and a return on equity of 8.47%.
Eastman Kodak Company 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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