JPMorgan Chase & Co. lessened its holdings in shares of Eastman Kodak (NYSE:KODK - Free Report) by 87.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 27,258 shares of the technology company's stock after selling 194,807 shares during the period. JPMorgan Chase & Co.'s holdings in Eastman Kodak were worth $179,000 at the end of the most recent reporting period.
Several other institutional investors also recently made changes to their positions in KODK. Barclays PLC boosted its stake in Eastman Kodak by 277.6% during the 3rd quarter. Barclays PLC now owns 79,094 shares of the technology company's stock valued at $373,000 after purchasing an additional 58,150 shares during the period. 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 increased its stake in shares of Eastman Kodak by 22.0% during 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 during the period. Rhumbline Advisers lifted its position in Eastman Kodak by 2.0% in the fourth quarter. Rhumbline Advisers now owns 98,600 shares of the technology company's stock worth $648,000 after purchasing an additional 1,903 shares during the period. Finally, Sanctuary Advisors LLC acquired a new position in shares of Eastman Kodak during the 4th quarter valued at $475,000. 33.65% of the stock is owned by institutional investors.
Eastman Kodak Price Performance
Shares of Eastman Kodak stock traded down $1.01 during trading on Friday, hitting $5.69. The stock had a trading volume of 2,925,770 shares, compared to its average volume of 1,187,713. The business has a fifty day moving average of $6.29 and a two-hundred day moving average of $6.44. Eastman Kodak has a fifty-two week low of $4.26 and a fifty-two week high of $8.24. The firm has a market cap of $459.56 million, a P/E ratio of 8.13 and a beta of 3.92. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.41 and a quick ratio of 1.51.
Eastman Kodak (NYSE:KODK - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The technology company reported ($0.12) earnings per share for the quarter. Eastman Kodak had a net margin of 7.70% and a return on equity of 8.47%.
About Eastman Kodak
(
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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