Eastman Kodak (NYSE:KODK) Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP reduced its position in Eastman Kodak (NYSE:KODK) by 38.1% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 181,103 shares of the technology company’s stock after selling 111,357 shares during the period. GSA Capital Partners LLP owned 0.23% of Eastman Kodak worth $855,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC purchased a new stake in Eastman Kodak in the third quarter valued at approximately $25,000. Creative Planning raised its position in Eastman Kodak by 25.8% in the 3rd quarter. Creative Planning now owns 32,140 shares of the technology company’s stock valued at $152,000 after purchasing an additional 6,593 shares during the last quarter. SG Americas Securities LLC boosted its stake in Eastman Kodak by 102.5% during the 3rd quarter. SG Americas Securities LLC now owns 22,609 shares of the technology company’s stock worth $107,000 after purchasing an additional 11,443 shares during the period. Aristides Capital LLC purchased a new position in Eastman Kodak during the 2nd quarter worth $269,000. Finally, Susquehanna Fundamental Investments LLC increased its stake in Eastman Kodak by 59.7% in the second quarter. Susquehanna Fundamental Investments LLC now owns 218,669 shares of the technology company’s stock valued at $1,176,000 after purchasing an additional 81,782 shares during the period. 33.65% of the stock is owned by institutional investors and hedge funds.

Eastman Kodak Price Performance

Eastman Kodak stock opened at $4.50 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.41 and a quick ratio of 1.54. The business has a 50 day simple moving average of $4.86 and a 200-day simple moving average of $5.13. Eastman Kodak has a 12 month low of $3.33 and a 12 month high of $6.18. The stock has a market capitalization of $361.80 million, a PE ratio of 6.43 and a beta of 3.64.

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 company had revenue of $261.00 million during the quarter. Eastman Kodak had a net margin of 7.70% and a return on equity of 8.47%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Eastman Kodak from a “sell” rating to a “hold” rating in a report on Tuesday, August 13th.

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.