Tabor Asset Management LP purchased a new stake in Eastman Kodak Company (NYSE:KODK - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 73,084 shares of the technology company's stock, valued at approximately $462,000. Tabor Asset Management LP owned about 0.09% of Eastman Kodak at the end of the most recent reporting period.
Several other large investors have also modified their holdings of KODK. Susquehanna Fundamental Investments LLC purchased a new position in Eastman Kodak during the fourth quarter worth approximately $1,316,000. Segall Bryant & Hamill LLC acquired a new position in Eastman Kodak during the 1st quarter worth $967,000. Northern Trust Corp lifted its position in shares of Eastman Kodak by 27.2% in the 4th quarter. Northern Trust Corp now owns 686,532 shares of the technology company's stock worth $4,511,000 after buying an additional 146,674 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Eastman Kodak by 5.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,465,814 shares of the technology company's stock worth $16,202,000 after buying an additional 123,669 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in Eastman Kodak by 2.2% in the 4th quarter. Vanguard Group Inc. now owns 3,997,389 shares of the technology company's stock valued at $26,263,000 after purchasing an additional 87,402 shares during the last quarter. 33.65% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen downgraded shares of Eastman Kodak from a "hold" rating to a "sell" rating in a research report on Monday, May 12th.
Check Out Our Latest Stock Analysis on KODK
Eastman Kodak Price Performance
Shares of KODK traded down $0.03 during mid-day trading on Monday, hitting $6.84. The company's stock had a trading volume of 438,035 shares, compared to its average volume of 1,108,305. The firm has a 50-day moving average price of $6.09 and a 200 day moving average price of $6.46. The stock has a market capitalization of $552.06 million, a price-to-earnings ratio of 13.95 and a beta of 3.73. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.21 and a quick ratio of 1.31. Eastman Kodak Company has a fifty-two week low of $4.26 and a fifty-two week high of $8.24.
Eastman Kodak (NYSE:KODK - Get Free Report) last released its earnings results on Thursday, May 8th. The technology company reported ($0.12) earnings per share for the quarter. Eastman Kodak had a return on equity of 8.01% and a net margin of 6.05%.
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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