Dimensional Fund Advisors LP increased its holdings in shares of Eastman Kodak Company (NYSE:KODK – Free Report) by 5.5% during the first quarter, HoldingsChannel.com reports. The fund owned 2,177,801 shares of the technology company’s stock after buying an additional 113,398 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Eastman Kodak were worth $19,707,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also bought and sold shares of KODK. BNP Paribas Financial Markets grew its stake in Eastman Kodak by 78.2% in the 2nd quarter. BNP Paribas Financial Markets now owns 6,207 shares of the technology company’s stock valued at $35,000 after purchasing an additional 2,723 shares during the period. Headlands Technologies LLC purchased a new stake in shares of Eastman Kodak during the 2nd quarter valued at $45,000. Tower Research Capital LLC TRC raised its stake in shares of Eastman Kodak by 239.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 8,075 shares of the technology company’s stock worth $46,000 after purchasing an additional 5,698 shares during the period. Farther Finance Advisors LLC raised its stake in shares of Eastman Kodak by 2,394.0% during the 4th quarter. Farther Finance Advisors LLC now owns 7,033 shares of the technology company’s stock worth $59,000 after purchasing an additional 6,751 shares during the period. Finally, Kemnay Advisory Services Inc. purchased a new position in shares of Eastman Kodak in the 4th quarter worth about $71,000. Hedge funds and other institutional investors own 33.65% of the company’s stock.
Eastman Kodak Stock Performance
Shares of KODK opened at $9.47 on Friday. Eastman Kodak Company has a 1 year low of $4.94 and a 1 year high of $14.87. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.91 and a quick ratio of 1.71. The stock’s fifty day moving average price is $8.89 and its two-hundred day moving average price is $9.16. The firm has a market cap of $927.60 million, a PE ratio of -6.82 and a beta of 1.56.
Analyst Ratings Changes
KODK has been the subject of several research reports. Wall Street Zen lowered shares of Eastman Kodak from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Weiss Ratings lowered shares of Eastman Kodak from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, July 28th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.
Read Our Latest Stock Analysis on KODK
Eastman Kodak Profile
Eastman Kodak Company (NYSE: KODK) is a global technology firm specializing in imaging, printing and advanced materials. The company offers a wide array of products and services that enable customers to create, manage and share visual content across traditional and digital platforms. Its core offerings include graphic communications solutions, enterprise inkjet systems, packaging technologies, functional printing and micro 3D printing systems.
Kodak’s graphic communications segment serves commercial printers, packaging converters and publishing houses with offset plates, digital presses, workflow software and services designed to streamline production.
Read More
- Five stocks we like better than Eastman Kodak
- Sandisk Just Delivered a Blowout Quarter—Here’s Why the Stock Is Falling
- 4 Oil and Gas ETF Plays as Prices Stay Sky-High
- What Tesla Stands to Lose If It Walks Away From China
- Disney Sets Up for a Magical Year in 2027
Want to see what other hedge funds are holding KODK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Eastman Kodak Company (NYSE:KODK – Free Report).
Receive News & Ratings for Eastman Kodak Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eastman Kodak and related companies with MarketBeat.com's FREE daily email newsletter.
