Dimensional Fund Advisors LP Grows Position in Eastman Kodak (NYSE:KODK)

Dimensional Fund Advisors LP increased its position in shares of Eastman Kodak (NYSE:KODK - Free Report) by 5.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,465,814 shares of the technology company's stock after buying an additional 123,669 shares during the quarter. Dimensional Fund Advisors LP owned about 3.07% of Eastman Kodak worth $16,202,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Barclays PLC raised its stake in shares of Eastman Kodak by 277.6% during the third quarter. Barclays PLC now owns 79,094 shares of the technology company's stock worth $373,000 after purchasing an additional 58,150 shares during the last quarter. JPMorgan Chase & Co. raised 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 buying an additional 95,402 shares during the last quarter. SG Americas Securities LLC lifted its stake in shares of Eastman Kodak by 41.6% in 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. Empowered Funds LLC boosted its holdings in shares of Eastman Kodak by 22.0% in the fourth quarter. Empowered Funds LLC now owns 417,758 shares of the technology company's stock valued at $2,745,000 after acquiring an additional 75,298 shares in the last quarter. Finally, Rhumbline Advisers increased its stake in shares of Eastman Kodak by 2.0% during the fourth quarter. Rhumbline Advisers now owns 98,600 shares of the technology company's stock worth $648,000 after acquiring an additional 1,903 shares during the period. Institutional investors and hedge funds own 33.65% of the company's stock.

Eastman Kodak Price Performance

Shares of Eastman Kodak stock traded up $0.26 during trading on Wednesday, reaching $6.49. The company's stock had a trading volume of 688,206 shares, compared to its average volume of 1,262,271. The business has a 50 day moving average price of $6.25 and a 200-day moving average price of $6.48. The company has a market capitalization of $524.33 million, a P/E ratio of 9.27 and a beta of 3.92. 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 12-month low of $4.26 and a 12-month high of $8.24.

Eastman Kodak (NYSE:KODK - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The technology company reported ($0.12) EPS for the quarter. Eastman Kodak had a net margin of 7.70% and a return on equity of 8.47%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Eastman Kodak from a "hold" rating to a "sell" rating in a report on Monday.

Eastman Kodak 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.