134,569 Shares in Eastman Kodak (NYSE:KODK) Bought by Victory Capital Management Inc.

Victory Capital Management Inc. acquired a new stake in Eastman Kodak (NYSE:KODK) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 134,569 shares of the technology company’s stock, valued at approximately $635,000. Victory Capital Management Inc. owned 0.17% of Eastman Kodak as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in KODK. Dimensional Fund Advisors LP raised its stake in Eastman Kodak by 49.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,007,735 shares of the technology company’s stock valued at $10,801,000 after acquiring an additional 659,991 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Eastman Kodak by 2.1% during the second quarter. AQR Capital Management LLC now owns 826,827 shares of the technology company’s stock worth $4,448,000 after purchasing an additional 16,693 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of Eastman Kodak by 77.9% during the second quarter. American Century Companies Inc. now owns 715,264 shares of the technology company’s stock worth $3,848,000 after purchasing an additional 313,191 shares during the period. Marshall Wace LLP acquired a new position in Eastman Kodak in the 2nd quarter valued at $2,197,000. Finally, Bank of New York Mellon Corp raised its position in Eastman Kodak by 8.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 372,239 shares of the technology company’s stock worth $2,003,000 after buying an additional 30,375 shares during the last quarter. 33.65% of the stock is owned by hedge funds and other institutional investors.

Eastman Kodak Stock Up 7.9 %

KODK opened at $7.14 on Friday. The business has a 50 day simple moving average of $5.04 and a 200-day simple moving average of $5.21. Eastman Kodak has a 12 month low of $3.33 and a 12 month high of $7.50. The stock has a market capitalization of $574.06 million, a P/E ratio of 10.20 and a beta of 3.64. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.41 and a quick ratio of 1.51.

Eastman Kodak (NYSE:KODK) last issued its earnings results on Tuesday, November 12th. The technology company reported $0.15 EPS for the quarter. The company had revenue of $261.00 million for the quarter. Eastman Kodak had a net margin of 7.70% and a return on equity of 8.47%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Eastman Kodak from a “sell” rating to a “hold” rating in a research note on Tuesday, August 13th.

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.