Brandywine Global Investment Management LLC Trims Stock Holdings in Eastman Kodak (NYSE:KODK)

Brandywine Global Investment Management LLC lowered its holdings in Eastman Kodak (NYSE:KODK) by 4.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 269,600 shares of the technology company’s stock after selling 11,490 shares during the period. Brandywine Global Investment Management LLC owned approximately 0.34% of Eastman Kodak worth $1,771,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of KODK. ARK Investment Management LLC boosted its stake in Eastman Kodak by 9.7% in the 4th quarter. ARK Investment Management LLC now owns 19,218 shares of the technology company’s stock worth $126,000 after purchasing an additional 1,692 shares during the period. Rhumbline Advisers boosted its position in shares of Eastman Kodak by 2.0% in the fourth quarter. Rhumbline Advisers now owns 98,600 shares of the technology company’s stock valued at $648,000 after acquiring an additional 1,903 shares during the period. BNP Paribas Financial Markets grew its stake in Eastman Kodak by 21.3% during the third quarter. BNP Paribas Financial Markets now owns 12,607 shares of the technology company’s stock valued at $60,000 after acquiring an additional 2,210 shares in the last quarter. LPL Financial LLC increased its holdings in Eastman Kodak by 27.6% during the 4th quarter. LPL Financial LLC now owns 18,337 shares of the technology company’s stock worth $120,000 after acquiring an additional 3,968 shares during the period. Finally, American Century Companies Inc. lifted its stake in 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 purchasing an additional 4,761 shares in the last quarter. 33.65% of the stock is currently owned by hedge funds and other institutional investors.

Eastman Kodak Trading Up 1.3 %

Eastman Kodak stock opened at $6.27 on Thursday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.51 and a current ratio of 2.41. Eastman Kodak has a fifty-two week low of $4.26 and a fifty-two week high of $8.24. The stock has a market cap of $505.36 million, a P/E ratio of 8.96 and a beta of 3.66. The firm’s fifty day moving average price is $6.98 and its 200-day moving average price is $6.21.

Eastman Kodak (NYSE:KODK) last released its quarterly earnings results on Monday, March 17th. The technology company reported $0.23 earnings per share for the quarter. Eastman Kodak had a return on equity of 8.47% and a net margin of 7.70%. The firm had revenue of $266.00 million for the quarter.

Eastman Kodak 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.