Nuveen LLC Makes New $913,000 Investment in Eastman Kodak Company $KODK

Nuveen LLC bought a new position in Eastman Kodak Company (NYSE:KODK - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 144,432 shares of the technology company's stock, valued at approximately $913,000. Nuveen LLC owned approximately 0.18% of Eastman Kodak at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. GAMMA Investing LLC boosted its holdings in shares of Eastman Kodak by 1,163.0% during the first quarter. GAMMA Investing LLC now owns 7,363 shares of the technology company's stock worth $47,000 after purchasing an additional 6,780 shares during the period. New York State Common Retirement Fund boosted its holdings in shares of Eastman Kodak by 64.4% during the first quarter. New York State Common Retirement Fund now owns 8,681 shares of the technology company's stock worth $55,000 after purchasing an additional 3,400 shares during the period. Costello Asset Management INC acquired a new stake in shares of Eastman Kodak during the first quarter worth approximately $63,000. Novem Group acquired a new stake in shares of Eastman Kodak during the fourth quarter worth approximately $85,000. Finally, Tower Research Capital LLC TRC boosted its holdings 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 worth $98,000 after purchasing an additional 9,121 shares during the period. 33.65% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Eastman Kodak news, CEO James V. Continenza bought 50,000 shares of the stock in a transaction that occurred on Thursday, August 14th. The stock was acquired at an average cost of $5.74 per share, with a total value of $287,000.00. Following the purchase, the chief executive officer owned 1,902,011 shares in the company, valued at $10,917,543.14. This trade represents a 2.70% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Philippe D. Katz bought 10,000 shares of the stock in a transaction that occurred on Thursday, August 14th. The shares were acquired at an average cost of $5.67 per share, with a total value of $56,700.00. Following the completion of the purchase, the director owned 180,026 shares in the company, valued at $1,020,747.42. This represents a 5.88% increase in their position. The disclosure for this purchase can be found here. 23.87% of the stock is currently owned by corporate insiders.

Eastman Kodak Trading Up 2.0%

Shares of KODK stock traded up $0.12 on Friday, reaching $5.91. The company had a trading volume of 574,360 shares, compared to its average volume of 1,334,638. The company has a current ratio of 0.79, a quick ratio of 0.46 and a debt-to-equity ratio of 0.02. The stock has a market cap of $478.31 million, a PE ratio of -59.05 and a beta of 1.26. The company has a 50-day moving average of $6.33 and a 200-day moving average of $6.28. Eastman Kodak Company 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 results on Monday, August 11th. The technology company reported ($0.30) EPS for the quarter. The company had revenue of $263.00 million during the quarter. Eastman Kodak had a net margin of 1.06% and a return on equity of 2.32%.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen cut shares of Eastman Kodak from a "hold" rating to a "sell" rating in a report on Monday, May 12th.

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.