SG Americas Securities LLC Purchases 9,409 Shares of Eastman Kodak (NYSE:KODK)

SG Americas Securities LLC increased its holdings in shares of Eastman Kodak (NYSE:KODK) by 41.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,018 shares of the technology company’s stock after acquiring an additional 9,409 shares during the period. SG Americas Securities LLC’s holdings in Eastman Kodak were worth $210,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Allspring Global Investments Holdings LLC bought a new stake in shares of Eastman Kodak during the third quarter worth $25,000. BNP Paribas Financial Markets grew its holdings in Eastman Kodak by 21.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 12,607 shares of the technology company’s stock worth $60,000 after acquiring an additional 2,210 shares during the last quarter. Intech Investment Management LLC acquired a new stake in Eastman Kodak in the 3rd quarter valued at about $62,000. Quantbot Technologies LP acquired a new stake in Eastman Kodak in the 3rd quarter valued at about $68,000. Finally, Cobblestone Capital Advisors LLC NY bought a new position in shares of Eastman Kodak in the third quarter worth about $95,000. 33.65% of the stock is owned by institutional investors and hedge funds.

Eastman Kodak Price Performance

KODK opened at $7.57 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.41 and a quick ratio of 1.51. The stock has a market capitalization of $608.23 million, a P/E ratio of 10.81 and a beta of 3.66. The company’s 50 day simple moving average is $6.96 and its 200-day simple moving average is $5.74. Eastman Kodak has a one year low of $3.35 and a one year high of $8.24.

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

Insider Buying and Selling

In other Eastman Kodak news, Director Michael Sileck acquired 10,000 shares of Eastman Kodak stock in a transaction on Thursday, December 19th. The shares were purchased at an average cost of $7.02 per share, with a total value of $70,200.00. Following the completion of the purchase, the director now owns 107,940 shares in the company, valued at $757,738.80. The trade was a 10.21 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Philippe D. Katz bought 6,000 shares of the company’s stock in a transaction on Wednesday, December 11th. The shares were acquired at an average price of $6.50 per share, with a total value of $39,000.00. Following the transaction, the director now directly owns 170,026 shares in the company, valued at approximately $1,105,169. The trade was a 3.66 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 23.86% of the company’s stock.

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.