Eastman Kodak (NYSE:KODK) Holdings Raised by Cobblestone Capital Advisors LLC NY

Cobblestone Capital Advisors LLC NY lifted its stake in shares of Eastman Kodak (NYSE:KODK) by 49.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,140 shares of the technology company’s stock after purchasing an additional 10,000 shares during the quarter. Cobblestone Capital Advisors LLC NY’s holdings in Eastman Kodak were worth $198,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. ARK Investment Management LLC raised its position in Eastman Kodak by 9.7% in the fourth quarter. ARK Investment Management LLC now owns 19,218 shares of the technology company’s stock worth $126,000 after acquiring an additional 1,692 shares in the last quarter. Rhumbline Advisers raised its position in Eastman Kodak by 2.0% in the fourth quarter. Rhumbline Advisers now owns 98,600 shares of the technology company’s stock worth $648,000 after acquiring an additional 1,903 shares in the last quarter. BNP Paribas Financial Markets raised its position in Eastman Kodak by 21.3% in the third 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. Allspring Global Investments Holdings LLC bought a new stake in Eastman Kodak in the third quarter worth about $25,000. Finally, Creative Planning raised its position in Eastman Kodak by 25.8% in the third quarter. Creative Planning now owns 32,140 shares of the technology company’s stock worth $152,000 after acquiring an additional 6,593 shares in the last quarter. 33.65% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Philippe D. Katz purchased 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The shares were purchased at an average price of $6.50 per share, with a total value of $39,000.00. Following the purchase, the director now owns 170,026 shares of the company’s stock, valued at $1,105,169. This trade represents a 3.66 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Michael Sileck purchased 10,000 shares of the company’s stock in a transaction that occurred on Thursday, December 19th. The stock was bought at an average cost of $7.02 per share, for a total transaction of $70,200.00. Following the purchase, the director now directly owns 107,940 shares in the company, valued at $757,738.80. This represents a 10.21 % increase in their position. The disclosure for this purchase can be found here. 23.86% of the stock is owned by company insiders.

Eastman Kodak Price Performance

Shares of Eastman Kodak stock opened at $7.03 on Friday. The company has a current ratio of 2.41, a quick ratio of 1.51 and a debt-to-equity ratio of 0.47. The company’s 50-day moving average price is $7.11 and its two-hundred day moving average price is $5.97. Eastman Kodak has a 52 week low of $3.53 and a 52 week high of $8.24. The stock has a market cap of $565.21 million, a PE ratio of 10.04 and a beta of 3.66.

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.