Jump Financial LLC Takes $278,000 Position in Eastman Kodak (NYSE:KODK)

Jump Financial LLC acquired a new stake in Eastman Kodak (NYSE:KODK - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 42,350 shares of the technology company's stock, valued at approximately $278,000. Jump Financial LLC owned about 0.05% of Eastman Kodak at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Barclays PLC lifted its holdings in shares of Eastman Kodak by 277.6% during the third quarter. Barclays PLC now owns 79,094 shares of the technology company's stock worth $373,000 after purchasing an additional 58,150 shares during the period. Geode Capital Management LLC lifted its stake in shares of Eastman Kodak by 3.9% in the 3rd quarter. Geode Capital Management LLC now owns 1,528,671 shares of the technology company's stock worth $7,217,000 after acquiring an additional 57,487 shares during the period. Franklin Resources Inc. purchased a new stake in shares of Eastman Kodak in the third quarter valued at about $180,000. JPMorgan Chase & Co. increased its stake in shares of 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 acquiring an additional 95,402 shares during the period. Finally, SG Americas Securities LLC raised its holdings in Eastman Kodak by 41.6% during the fourth quarter. SG Americas Securities LLC now owns 32,018 shares of the technology company's stock worth $210,000 after purchasing an additional 9,409 shares in the last quarter. Hedge funds and other institutional investors own 33.65% of the company's stock.

Eastman Kodak Stock Performance

KODK traded up $0.20 during trading on Friday, reaching $6.43. The company's stock had a trading volume of 248,723 shares, compared to its average volume of 1,112,301. The company's fifty day moving average price is $6.34 and its 200-day moving average price is $6.38. Eastman Kodak has a 52-week low of $4.26 and a 52-week high of $8.24. The company has a market capitalization of $518.92 million, a price-to-earnings ratio of 9.19 and a beta of 3.67. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.51 and a current ratio of 2.41.

Eastman Kodak (NYSE:KODK - Get Free Report) last issued its earnings results on Monday, March 17th. The technology company reported $0.23 earnings per share for the quarter. Eastman Kodak had a net margin of 7.70% and a return on equity of 8.47%. The company had revenue of $266.00 million for the quarter.

Eastman Kodak Company Profile

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.