Rhumbline Advisers Has $534,000 Stock Holdings in Eastman Kodak (NYSE:KODK)

Rhumbline Advisers lifted its stake in Eastman Kodak (NYSE:KODK) by 6.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 99,260 shares of the technology company’s stock after purchasing an additional 5,988 shares during the quarter. Rhumbline Advisers owned 0.12% of Eastman Kodak worth $534,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD increased its stake in shares of Eastman Kodak by 5.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 60,823 shares of the technology company’s stock worth $302,000 after acquiring an additional 3,214 shares during the last quarter. Gladius Capital Management LP acquired a new stake in shares of Eastman Kodak during the 2nd quarter valued at about $33,000. CWM LLC lifted its holdings in shares of Eastman Kodak by 128.4% during the 2nd quarter. CWM LLC now owns 11,410 shares of the technology company’s stock valued at $61,000 after buying an additional 6,415 shares during the last quarter. Tennessee Valley Asset Management Partners grew its stake in shares of Eastman Kodak by 43.8% in the 2nd quarter. Tennessee Valley Asset Management Partners now owns 23,000 shares of the technology company’s stock valued at $124,000 after buying an additional 7,000 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in Eastman Kodak by 83.4% in the first quarter. BNP Paribas Financial Markets now owns 27,781 shares of the technology company’s stock worth $138,000 after buying an additional 12,637 shares during the last quarter. Hedge funds and other institutional investors own 33.65% of the company’s stock.

Analysts Set New Price Targets

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 Stock Down 2.0 %

Shares of KODK stock opened at $4.81 on Thursday. The stock has a 50 day moving average of $5.15 and a 200-day moving average of $5.13. The firm has a market cap of $386.24 million, a PE ratio of 7.52 and a beta of 3.63. The company has a quick ratio of 1.54, a current ratio of 2.37 and a debt-to-equity ratio of 0.47. Eastman Kodak has a 12 month low of $3.33 and a 12 month high of $6.18.

Eastman Kodak (NYSE:KODK) last issued its quarterly earnings results on Thursday, August 8th. The technology company reported $0.23 earnings per share (EPS) for the quarter. The firm had revenue of $267.00 million for the quarter. Eastman Kodak had a return on equity of 9.68% and a net margin of 6.13%.

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.