48,620 Shares in Eastman Kodak (KODK) Acquired by Highbridge Capital Management LLC

Highbridge Capital Management LLC bought a new position in shares of Eastman Kodak (NYSE:KODK) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 48,620 shares of the technology company’s stock, valued at approximately $260,000. Highbridge Capital Management LLC owned about 0.11% of Eastman Kodak at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Cove Street Capital LLC lifted its position in shares of Eastman Kodak by 86.5% during the fourth quarter. Cove Street Capital LLC now owns 1,347,825 shares of the technology company’s stock worth $4,179,000 after purchasing an additional 625,027 shares during the last quarter. BlackRock Inc. lifted its position in shares of Eastman Kodak by 7.0% during the first quarter. BlackRock Inc. now owns 1,169,804 shares of the technology company’s stock worth $6,259,000 after purchasing an additional 76,511 shares during the last quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp lifted its position in shares of Eastman Kodak by 11.1% during the fourth quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 505,276 shares of the technology company’s stock worth $1,566,000 after purchasing an additional 50,292 shares during the last quarter. California Public Employees Retirement System lifted its position in shares of Eastman Kodak by 13.7% during the fourth quarter. California Public Employees Retirement System now owns 177,349 shares of the technology company’s stock worth $550,000 after purchasing an additional 21,353 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. lifted its position in shares of Eastman Kodak by 83.4% during the first quarter. Schwab Charles Investment Management Inc. now owns 133,780 shares of the technology company’s stock worth $716,000 after purchasing an additional 60,822 shares during the last quarter. Institutional investors and hedge funds own 53.51% of the company’s stock.

Several equities analysts have recently commented on KODK shares. TheStreet upgraded Eastman Kodak from a “d” rating to a “c-” rating in a research note on Monday, April 9th. ValuEngine lowered Eastman Kodak from a “buy” rating to a “hold” rating in a research note on Friday, April 6th.

Shares of Eastman Kodak stock opened at $4.20 on Wednesday. The company has a debt-to-equity ratio of 12.47, a quick ratio of 1.51 and a current ratio of 2.23. Eastman Kodak has a 12 month low of $2.95 and a 12 month high of $13.27.

Eastman Kodak (NYSE:KODK) last announced its quarterly earnings results on Wednesday, May 9th. The technology company reported ($0.59) EPS for the quarter. The firm had revenue of $357.00 million during the quarter.

About Eastman Kodak

Eastman Kodak Company provides hardware, software, consumables, and services to customers in various markets worldwide. The company operates through seven segments: Print Systems; Enterprise Inkjet Systems; Flexographic Packaging; Software and Solutions; Consumer and Film; Advanced Materials and 3D Printing Technology; and Eastman Business Park.

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

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