SG Americas Securities LLC Acquires 5,805 Shares of Eastman Kodak (NYSE:KODK)

SG Americas Securities LLC grew its holdings in Eastman Kodak (NYSE:KODK) by 22.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 31,189 shares of the technology company’s stock after purchasing an additional 5,805 shares during the period. SG Americas Securities LLC’s holdings in Eastman Kodak were worth $122,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. State Street Corp grew its position in Eastman Kodak by 36.8% during the 2nd quarter. State Street Corp now owns 2,153,722 shares of the technology company’s stock worth $9,993,000 after acquiring an additional 579,845 shares during the last quarter. Wells Fargo & Company MN grew its position in Eastman Kodak by 90.6% during the 2nd quarter. Wells Fargo & Company MN now owns 760,079 shares of the technology company’s stock worth $3,527,000 after acquiring an additional 361,234 shares during the last quarter. Millennium Management LLC grew its position in Eastman Kodak by 99.6% during the 4th quarter. Millennium Management LLC now owns 610,980 shares of the technology company’s stock worth $1,863,000 after acquiring an additional 304,910 shares during the last quarter. Squarepoint Ops LLC grew its position in Eastman Kodak by 297.6% during the 4th quarter. Squarepoint Ops LLC now owns 264,968 shares of the technology company’s stock worth $808,000 after acquiring an additional 198,323 shares during the last quarter. Finally, Marshall Wace LLP grew its position in Eastman Kodak by 1,373.5% during the 4th quarter. Marshall Wace LLP now owns 209,905 shares of the technology company’s stock worth $640,000 after acquiring an additional 195,660 shares during the last quarter. Institutional investors own 33.65% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Eastman Kodak from a “sell” rating to a “hold” rating in a research report on Monday, April 8th.

Eastman Kodak Stock Up 1.2 %

Shares of KODK opened at $4.62 on Friday. The company has a market capitalization of $368.83 million, a PE ratio of 7.21 and a beta of 3.47. Eastman Kodak has a 12 month low of $3.17 and a 12 month high of $6.34. The stock’s 50-day moving average price is $4.52 and its two-hundred day moving average price is $4.02. The company has a current ratio of 2.52, a quick ratio of 1.75 and a debt-to-equity ratio of 0.49.

Eastman Kodak (NYSE:KODK) last announced its earnings results on Thursday, March 14th. The technology company reported $0.02 EPS for the quarter. The firm had revenue of $275.00 million for the quarter. Eastman Kodak had a return on equity of 10.40% and a net margin of 6.71%.

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.