Tower Research Capital LLC TRC Acquires 11,130 Shares of Eastman Kodak (NYSE:KODK)

Tower Research Capital LLC TRC lifted its holdings in shares of Eastman Kodak (NYSE:KODK) by 244.2% during the 4th quarter, Holdings Channel reports. The firm owned 15,687 shares of the technology company’s stock after purchasing an additional 11,130 shares during the period. Tower Research Capital LLC TRC’s holdings in Eastman Kodak were worth $61,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in KODK. Krilogy Financial LLC lifted its position in Eastman Kodak by 112.5% during the fourth quarter. Krilogy Financial LLC now owns 170,000 shares of the technology company’s stock worth $663,000 after purchasing an additional 90,000 shares during the period. Caxton Associates LP boosted its position in shares of Eastman Kodak by 2.7% during the 3rd quarter. Caxton Associates LP now owns 110,517 shares of the technology company’s stock worth $465,000 after acquiring an additional 2,868 shares in the last quarter. Trexquant Investment LP bought a new position in Eastman Kodak in the third quarter valued at approximately $457,000. Jump Financial LLC raised its position in Eastman Kodak by 103.7% during the fourth quarter. Jump Financial LLC now owns 104,881 shares of the technology company’s stock valued at $409,000 after purchasing an additional 53,381 shares in the last quarter. Finally, WINTON GROUP Ltd lifted its stake in Eastman Kodak by 399.0% during the third quarter. WINTON GROUP Ltd now owns 72,522 shares of the technology company’s stock worth $305,000 after purchasing an additional 57,989 shares during the last quarter. 33.65% of the stock is currently owned by institutional investors and hedge funds.

Eastman Kodak Price Performance

Shares of KODK traded up $0.08 during mid-day trading on Monday, reaching $4.60. The company had a trading volume of 504,578 shares, compared to its average volume of 1,147,092. The company has a market capitalization of $367.22 million, a price-to-earnings ratio of 7.18 and a beta of 3.47. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.75 and a current ratio of 2.52. The company’s 50 day simple moving average is $4.67 and its 200 day simple moving average is $4.05. Eastman Kodak has a 1-year low of $3.17 and a 1-year high of $6.34.

Eastman Kodak (NYSE:KODK) last announced its quarterly earnings results on Thursday, March 14th. The technology company reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $275.00 million during the quarter. Eastman Kodak had a net margin of 6.71% and a return on equity of 10.40%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Eastman Kodak from a “sell” rating to a “hold” rating in a research note on Monday, April 8th.

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.