Flat Footed LLC Sells 1,402,477 Shares of Eastman Kodak (NYSE:KODK)

Flat Footed LLC trimmed its holdings in shares of Eastman Kodak (NYSE:KODK - Free Report) by 48.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,467,988 shares of the technology company's stock after selling 1,402,477 shares during the quarter. Eastman Kodak accounts for approximately 2.4% of Flat Footed LLC's portfolio, making the stock its 7th biggest position. Flat Footed LLC owned about 1.83% of Eastman Kodak worth $9,645,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of KODK. First Eagle Investment Management LLC purchased a new position in shares of Eastman Kodak during the fourth quarter worth $2,138,000. Susquehanna Fundamental Investments LLC acquired a new position in Eastman Kodak during the 4th quarter worth about $1,316,000. Northern Trust Corp boosted its holdings in Eastman Kodak by 27.2% during the 4th quarter. Northern Trust Corp now owns 686,532 shares of the technology company's stock valued at $4,511,000 after acquiring an additional 146,674 shares during the period. Dimensional Fund Advisors LP grew its position in 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 valued at $16,202,000 after acquiring an additional 123,669 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in Eastman Kodak by 75.3% during the third quarter. JPMorgan Chase & Co. now owns 222,065 shares of the technology company's stock worth $1,048,000 after purchasing an additional 95,402 shares during the period. 33.65% of the stock is currently owned by hedge funds and other institutional investors.

Eastman Kodak Trading Down 19.9 %

NYSE KODK opened at $5.37 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.51 and a current ratio of 2.41. The firm has a market cap of $433.71 million, a price-to-earnings ratio of 7.67 and a beta of 3.92. The firm has a 50 day simple moving average of $6.27 and a 200-day simple moving average of $6.45. Eastman Kodak has a one year low of $4.26 and a one year high of $8.24.

Eastman Kodak (NYSE:KODK - Get Free Report) last issued its quarterly earnings results 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%.

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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