Tabor Asset Management LP Acquires New Holdings in Eastman Kodak Company (NYSE:KODK)

Tabor Asset Management LP acquired a new stake in shares of Eastman Kodak Company (NYSE:KODK - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 73,084 shares of the technology company's stock, valued at approximately $462,000. Tabor Asset Management LP owned 0.09% of Eastman Kodak as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC bought a new position in Eastman Kodak in the fourth quarter worth approximately $67,000. Intech Investment Management LLC lifted its holdings in shares of Eastman Kodak by 185.9% in the 4th quarter. Intech Investment Management LLC now owns 37,365 shares of the technology company's stock worth $245,000 after acquiring an additional 24,295 shares during the last quarter. Quantbot Technologies LP lifted its holdings in shares of Eastman Kodak by 122.8% in the 4th quarter. Quantbot Technologies LP now owns 32,095 shares of the technology company's stock worth $211,000 after acquiring an additional 17,691 shares during the last quarter. American Century Companies Inc. lifted its holdings in Eastman Kodak by 0.6% during the 4th quarter. American Century Companies Inc. now owns 739,563 shares of the technology company's stock valued at $4,859,000 after buying an additional 4,761 shares in the last quarter. Finally, AXQ Capital LP bought a new stake in shares of Eastman Kodak in the 4th quarter valued at about $92,000. Institutional investors own 33.65% of the company's stock.

Wall Street Analysts Forecast Growth

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

Eastman Kodak Stock Up 0.5%

Shares of Eastman Kodak stock traded up $0.04 on Friday, reaching $6.89. The stock had a trading volume of 128,562 shares, compared to its average volume of 1,099,792. The company has a 50 day moving average price of $6.06 and a 200 day moving average price of $6.46. The company has a quick ratio of 1.31, a current ratio of 2.21 and a debt-to-equity ratio of 0.84. Eastman Kodak Company has a 1 year low of $4.26 and a 1 year high of $8.24. The stock has a market capitalization of $556.10 million, a P/E ratio of 14.07 and a beta of 3.73.

Eastman Kodak (NYSE:KODK - Get Free Report) last released 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 6.05% and a return on equity of 8.01%.

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.

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