Barclays PLC Raises Holdings in Eastman Kodak (NYSE:KODK)

Barclays PLC lifted its position in Eastman Kodak (NYSE:KODK) by 277.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,094 shares of the technology company’s stock after acquiring an additional 58,150 shares during the quarter. Barclays PLC owned 0.10% of Eastman Kodak worth $373,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in KODK. BNP Paribas Financial Markets raised its holdings in shares of Eastman Kodak by 21.3% in the 3rd 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 in the last quarter. Allspring Global Investments Holdings LLC bought a new position in Eastman Kodak in the third quarter worth approximately $25,000. Rhumbline Advisers raised its stake in Eastman Kodak by 6.4% in the second quarter. Rhumbline Advisers now owns 99,260 shares of the technology company’s stock worth $534,000 after buying an additional 5,988 shares in the last quarter. Creative Planning lifted its holdings in Eastman Kodak by 25.8% during the third quarter. Creative Planning now owns 32,140 shares of the technology company’s stock worth $152,000 after buying an additional 6,593 shares during the period. Finally, Tennessee Valley Asset Management Partners boosted its position in Eastman Kodak by 43.8% during the 2nd quarter. Tennessee Valley Asset Management Partners now owns 23,000 shares of the technology company’s stock valued at $124,000 after acquiring an additional 7,000 shares in the last quarter. 33.65% of the stock is owned by hedge funds and other institutional investors.

Eastman Kodak Trading Up 0.9 %

KODK opened at $6.78 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. The firm has a market cap of $545.11 million, a price-to-earnings ratio of 9.69 and a beta of 3.73. Eastman Kodak has a 12 month low of $3.33 and a 12 month high of $7.74. The stock has a fifty day moving average price of $6.16 and a 200-day moving average price of $5.50.

Eastman Kodak (NYSE:KODK) last announced its earnings results on Tuesday, November 12th. The technology company reported $0.15 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 $261.00 million during the quarter.

Insider Buying and Selling at Eastman Kodak

In related news, Director Michael Sileck acquired 10,000 shares of the stock in a transaction dated Thursday, December 19th. The stock was acquired at an average cost of $7.02 per share, for a total transaction of $70,200.00. Following the completion of the purchase, the director now owns 107,940 shares of the company’s stock, valued at approximately $757,738.80. This represents a 10.21 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Philippe D. Katz acquired 6,000 shares of the company’s stock in a transaction dated Wednesday, December 11th. The shares were bought at an average cost of $6.50 per share, for a total transaction of $39,000.00. Following the completion of the acquisition, the director now directly owns 170,026 shares of the company’s stock, valued at approximately $1,105,169. The trade was a 3.66 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 23.86% of the stock is owned by insiders.

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.