AXQ Capital LP Acquires Shares of 14,062 Eastman Kodak (NYSE:KODK)

AXQ Capital LP bought a new stake in Eastman Kodak (NYSE:KODK) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 14,062 shares of the technology company’s stock, valued at approximately $92,000.

Several other hedge funds and other institutional investors also recently modified their holdings of KODK. ARK Investment Management LLC increased its position in Eastman Kodak by 9.7% during the 4th quarter. ARK Investment Management LLC now owns 19,218 shares of the technology company’s stock worth $126,000 after purchasing an additional 1,692 shares in the last quarter. Rhumbline Advisers increased its holdings in shares of Eastman Kodak by 2.0% during the fourth quarter. Rhumbline Advisers now owns 98,600 shares of the technology company’s stock worth $648,000 after buying an additional 1,903 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in shares of Eastman Kodak by 21.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 12,607 shares of the technology company’s stock valued at $60,000 after acquiring an additional 2,210 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of Eastman Kodak by 0.6% during the 4th quarter. American Century Companies Inc. now owns 739,563 shares of the technology company’s stock valued at $4,859,000 after acquiring an additional 4,761 shares in the last quarter. Finally, SG Americas Securities LLC grew its position in Eastman Kodak by 41.6% during the 4th quarter. SG Americas Securities LLC now owns 32,018 shares of the technology company’s stock worth $210,000 after acquiring an additional 9,409 shares during the last quarter. Institutional investors own 33.65% of the company’s stock.

Eastman Kodak Price Performance

Eastman Kodak stock opened at $6.49 on Tuesday. The stock has a 50-day moving average price of $7.10 and a two-hundred day moving average price of $6.15. Eastman Kodak has a 12 month low of $4.26 and a 12 month high of $8.24. The company has a market capitalization of $522.69 million, a PE ratio of 9.26 and a beta of 3.75. The company has a current ratio of 2.41, a quick ratio of 1.51 and a debt-to-equity ratio of 0.47.

Eastman Kodak (NYSE:KODK) last posted its earnings results 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 business had revenue of $266.00 million for the quarter.

About Eastman Kodak

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.