Quinn Opportunity Partners LLC Has $5.74 Million Holdings in Eastman Kodak (NYSE:KODK)

Quinn Opportunity Partners LLC decreased its position in Eastman Kodak (NYSE:KODK) by 39.6% in the fourth quarter, HoldingsChannel reports. The firm owned 872,935 shares of the technology company’s stock after selling 572,021 shares during the period. Quinn Opportunity Partners LLC’s holdings in Eastman Kodak were worth $5,735,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in KODK. Commonwealth Equity Services LLC purchased a new stake in shares of Eastman Kodak in the fourth quarter valued at $67,000. Trexquant Investment LP acquired a new position in Eastman Kodak during the fourth quarter valued at $74,000. BNP Paribas Financial Markets lifted its stake in Eastman Kodak by 21.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 12,607 shares of the technology company’s stock worth $60,000 after acquiring an additional 2,210 shares in the last quarter. AXQ Capital LP purchased a new stake in Eastman Kodak in the 4th quarter worth about $92,000. Finally, LPL Financial LLC boosted its position 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. Institutional investors and hedge funds own 33.65% of the company’s stock.

Eastman Kodak Trading Down 3.6 %

NYSE:KODK opened at $6.02 on Friday. The stock’s 50-day moving average is $6.75 and its two-hundred day moving average is $6.25. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.41 and a quick ratio of 1.51. The stock has a market cap of $484.81 million, a PE ratio of 8.59 and a beta of 3.67. Eastman Kodak has a fifty-two week low of $4.26 and a fifty-two week high of $8.24.

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