WINTON GROUP Ltd Buys 16,969 Shares of Eastman Kodak (NYSE:KODK)

WINTON GROUP Ltd grew its stake in shares of Eastman Kodak (NYSE:KODK) by 57.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 46,709 shares of the technology company’s stock after acquiring an additional 16,969 shares during the period. WINTON GROUP Ltd’s holdings in Eastman Kodak were worth $251,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Gladius Capital Management LP purchased a new stake in shares of Eastman Kodak during the 2nd quarter valued at approximately $33,000. CWM LLC lifted its stake in Eastman Kodak by 128.4% in the 2nd quarter. CWM LLC now owns 11,410 shares of the technology company’s stock worth $61,000 after purchasing an additional 6,415 shares in the last quarter. IPG Investment Advisors LLC purchased a new stake in Eastman Kodak in the 4th quarter worth approximately $50,000. Tennessee Valley Asset Management Partners lifted its stake in 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 worth $124,000 after purchasing an additional 7,000 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its stake in Eastman Kodak by 83.4% in the 1st quarter. BNP Paribas Financial Markets now owns 27,781 shares of the technology company’s stock worth $138,000 after purchasing an additional 12,637 shares in the last quarter. 33.65% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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 Performance

Eastman Kodak stock opened at $5.01 on Thursday. The firm’s fifty day moving average price is $5.22 and its 200-day moving average price is $5.13. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.54 and a current ratio of 2.37. The stock has a market cap of $401.30 million, a P/E ratio of 7.83 and a beta of 3.63. Eastman Kodak has a fifty-two week low of $3.33 and a fifty-two week high of $6.18.

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

About Eastman Kodak

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.