Accretive Wealth Partners LLC Sells 107,500 Shares of Eastman Kodak Company $KODK

Accretive Wealth Partners LLC decreased its position in Eastman Kodak Company (NYSE:KODK) by 86.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 16,500 shares of the technology company’s stock after selling 107,500 shares during the period. Accretive Wealth Partners LLC’s holdings in Eastman Kodak were worth $106,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of KODK. BNP Paribas Financial Markets lifted its holdings in shares of Eastman Kodak by 78.2% in the 2nd quarter. BNP Paribas Financial Markets now owns 6,207 shares of the technology company’s stock worth $35,000 after buying an additional 2,723 shares during the period. Headlands Technologies LLC bought a new stake in shares of Eastman Kodak in the second quarter valued at about $45,000. Tower Research Capital LLC TRC raised its holdings in shares of Eastman Kodak by 239.7% in the second quarter. Tower Research Capital LLC TRC now owns 8,075 shares of the technology company’s stock valued at $46,000 after acquiring an additional 5,698 shares in the last quarter. Byrne Asset Management LLC lifted its stake in Eastman Kodak by 47.8% in the third quarter. Byrne Asset Management LLC now owns 10,170 shares of the technology company’s stock worth $65,000 after acquiring an additional 3,291 shares during the period. Finally, Corton Capital Inc. bought a new position in Eastman Kodak during the 2nd quarter worth about $108,000. 33.65% of the stock is currently owned by hedge funds and other institutional investors.

Eastman Kodak Trading Up 2.2%

NYSE:KODK opened at $7.70 on Tuesday. The stock has a market capitalization of $741.80 million, a price-to-earnings ratio of -23.32 and a beta of 1.47. Eastman Kodak Company has a 52 week low of $4.93 and a 52 week high of $9.96. The company has a quick ratio of 0.48, a current ratio of 0.79 and a debt-to-equity ratio of 0.01. The firm has a 50 day moving average of $7.99 and a 200 day moving average of $7.11.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Weiss Ratings restated a “sell (d+)” rating on shares of Eastman Kodak in a report on Wednesday, January 21st. Wall Street Zen raised shares of Eastman Kodak from a “sell” rating to a “hold” rating in a report on Saturday, November 15th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

About Eastman Kodak

Eastman Kodak Company (NYSE: KODK) is a global technology firm specializing in imaging, printing and advanced materials. The company offers a wide array of products and services that enable customers to create, manage and share visual content across traditional and digital platforms. Its core offerings include graphic communications solutions, enterprise inkjet systems, packaging technologies, functional printing and micro 3D printing systems.

Kodak’s graphic communications segment serves commercial printers, packaging converters and publishing houses with offset plates, digital presses, workflow software and services designed to streamline production.