Dimensional Fund Advisors LP Buys 123,669 Shares of Eastman Kodak (NYSE:KODK)

Dimensional Fund Advisors LP lifted its position in Eastman Kodak (NYSE:KODK) by 5.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,465,814 shares of the technology company’s stock after purchasing an additional 123,669 shares during the quarter. Dimensional Fund Advisors LP owned about 3.07% of Eastman Kodak worth $16,202,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. ARK Investment Management LLC raised its holdings in shares of Eastman Kodak by 9.7% during the 4th quarter. ARK Investment Management LLC now owns 19,218 shares of the technology company’s stock worth $126,000 after acquiring an additional 1,692 shares in the last quarter. Rhumbline Advisers raised its stake in Eastman Kodak by 2.0% during the fourth quarter. Rhumbline Advisers now owns 98,600 shares of the technology company’s stock valued at $648,000 after purchasing an additional 1,903 shares in the last quarter. LPL Financial LLC lifted its position in Eastman Kodak by 27.6% during the fourth quarter. LPL Financial LLC now owns 18,337 shares of the technology company’s stock valued at $120,000 after purchasing an additional 3,968 shares during the last quarter. American Century Companies Inc. grew its stake in shares of Eastman Kodak by 0.6% in the 4th quarter. American Century Companies Inc. now owns 739,563 shares of the technology company’s stock worth $4,859,000 after buying an additional 4,761 shares in the last quarter. Finally, Aristides Capital LLC increased its holdings in shares of Eastman Kodak by 12.1% in the 4th quarter. Aristides Capital LLC now owns 56,050 shares of the technology company’s stock worth $368,000 after buying an additional 6,050 shares during the last quarter. 33.65% of the stock is currently owned by hedge funds and other institutional investors.

Eastman Kodak Stock Up 5.9 %

Shares of NYSE:KODK opened at $6.74 on Friday. The company has a market cap of $543.96 million, a price-to-earnings ratio of 9.62 and a beta of 3.92. Eastman Kodak has a 12 month low of $4.26 and a 12 month high of $8.24. 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 company has a 50-day moving average price of $6.29 and a 200 day moving average price of $6.44.

Eastman Kodak (NYSE:KODK) last announced its earnings results on Thursday, May 8th. The technology company reported ($0.12) EPS for the quarter. Eastman Kodak had a return on equity of 8.47% and a net margin of 7.70%.

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.