Yakira Capital Management Inc. Acquires Shares of 50,000 Eastman Kodak (NYSE:KODK)

Yakira Capital Management Inc. bought a new position in shares of Eastman Kodak (NYSE:KODK) during the fourth quarter, Holdings Channel.com reports. The fund bought 50,000 shares of the technology company’s stock, valued at approximately $328,000.

A number of other large investors also recently modified their holdings of KODK. First Eagle Investment Management LLC bought a new stake in Eastman Kodak during the 4th quarter valued at $2,138,000. JPMorgan Chase & Co. raised its holdings in shares of Eastman Kodak by 75.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 222,065 shares of the technology company’s stock worth $1,048,000 after acquiring an additional 95,402 shares during the last quarter. Vanguard Group Inc. lifted its position in Eastman Kodak by 2.2% in the 4th quarter. Vanguard Group Inc. now owns 3,997,389 shares of the technology company’s stock valued at $26,263,000 after acquiring an additional 87,402 shares in the last quarter. Empowered Funds LLC boosted its stake in Eastman Kodak by 22.0% during the 4th quarter. Empowered Funds LLC now owns 417,758 shares of the technology company’s stock valued at $2,745,000 after purchasing an additional 75,298 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in Eastman Kodak during the 4th quarter valued at about $475,000. 33.65% of the stock is currently owned by institutional investors.

Eastman Kodak Stock Performance

Shares of Eastman Kodak stock opened at $5.31 on Friday. Eastman Kodak has a 52 week low of $4.26 and a 52 week high of $8.24. The company has a quick ratio of 1.51, a current ratio of 2.41 and a debt-to-equity ratio of 0.47. The business has a 50 day moving average price of $6.91 and a 200-day moving average price of $6.22. The company has a market cap of $427.58 million, a PE ratio of 7.58 and a beta of 3.66.

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

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.