Private Advisor Group LLC Sells 6,340 Shares of Eastman Kodak (NYSE:KODK)

Private Advisor Group LLC cut its holdings in shares of Eastman Kodak (NYSE:KODK) by 37.1% in the 1st quarter, Holdings Channel reports. The firm owned 10,734 shares of the technology company’s stock after selling 6,340 shares during the period. Private Advisor Group LLC’s holdings in Eastman Kodak were worth $84,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in KODK. Wells Fargo & Company MN lifted its stake in shares of Eastman Kodak by 78.6% in the 4th quarter. Wells Fargo & Company MN now owns 530,545 shares of the technology company’s stock valued at $4,318,000 after acquiring an additional 233,533 shares during the last quarter. BlackRock Inc. increased its holdings in Eastman Kodak by 6.1% in the fourth quarter. BlackRock Inc. now owns 1,871,611 shares of the technology company’s stock valued at $15,234,000 after purchasing an additional 106,895 shares during the period. Rhumbline Advisers increased its holdings in Eastman Kodak by 16.3% in the fourth quarter. Rhumbline Advisers now owns 22,785 shares of the technology company’s stock valued at $185,000 after purchasing an additional 3,198 shares during the period. tru Independence LLC acquired a new stake in Eastman Kodak during the 4th quarter worth about $12,210,000. Finally, Arizona State Retirement System acquired a new stake in Eastman Kodak during the 4th quarter worth about $98,000. Hedge funds and other institutional investors own 20.18% of the company’s stock.

KODK stock opened at $6.78 on Thursday. The company’s 50-day moving average is $7.66 and its 200-day moving average is $8.41. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.11 and a quick ratio of 1.32. Eastman Kodak has a 1 year low of $2.00 and a 1 year high of $60.00.

Eastman Kodak Profile

Eastman Kodak Company provides hardware, software, consumables, and services to customers in the commercial print, packaging, publishing, manufacturing, entertainment and commercial films, and consumer products markets worldwide. The company operates in four segments: Traditional Printing, Digital Printing, Advanced Materials and Chemicals, and Brand.

Featured Article: Back-End Load

Want to see what other hedge funds are holding KODK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Eastman Kodak (NYSE:KODK).

Institutional Ownership by Quarter for Eastman Kodak (NYSE:KODK)

Receive News & Ratings for Eastman Kodak Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eastman Kodak and related companies with MarketBeat.com's FREE daily email newsletter.