Eastman Kodak (NYSE:KODK) Stake Raised by Quantbot Technologies LP

Quantbot Technologies LP raised its holdings in Eastman Kodak (NYSE:KODK) by 122.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 32,095 shares of the technology company’s stock after acquiring an additional 17,691 shares during the period. Quantbot Technologies LP’s holdings in Eastman Kodak were worth $211,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. BNP Paribas Financial Markets lifted its stake in Eastman Kodak by 21.3% during the third quarter. BNP Paribas Financial Markets now owns 12,607 shares of the technology company’s stock valued at $60,000 after purchasing an additional 2,210 shares during the last quarter. Intech Investment Management LLC acquired a new position in Eastman Kodak in the third quarter worth approximately $62,000. Commonwealth Equity Services LLC bought a new position in shares of Eastman Kodak in the fourth quarter valued at $67,000. Cobblestone Capital Advisors LLC NY acquired a new stake in shares of Eastman Kodak during the 3rd quarter valued at $95,000. Finally, ARK Investment Management LLC lifted its holdings in shares of Eastman Kodak by 9.7% during the fourth quarter. ARK Investment Management LLC now owns 19,218 shares of the technology company’s stock valued at $126,000 after purchasing an additional 1,692 shares during the last quarter. Institutional investors own 33.65% of the company’s stock.

Eastman Kodak Price Performance

NYSE KODK opened at $6.21 on Friday. The company has a current ratio of 2.41, a quick ratio of 1.51 and a debt-to-equity ratio of 0.47. Eastman Kodak has a 1 year low of $4.26 and a 1 year high of $8.24. The company has a market cap of $500.69 million, a PE ratio of 8.87 and a beta of 3.75. The stock’s 50-day moving average price is $7.05 and its two-hundred day moving average price is $6.18.

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

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.