Tower Research Capital LLC TRC Has $61,000 Holdings in Eastman Kodak (NYSE:KODK)

Tower Research Capital LLC TRC raised its position in shares of Eastman Kodak (NYSE:KODK) by 244.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,687 shares of the technology company’s stock after buying 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 institutional investors also recently modified their holdings of the company. Trexquant Investment LP bought a new stake in Eastman Kodak during the 3rd quarter worth about $457,000. Krilogy Financial LLC increased its holdings in shares of Eastman Kodak by 112.5% in the fourth quarter. Krilogy Financial LLC now owns 170,000 shares of the technology company’s stock valued at $663,000 after purchasing an additional 90,000 shares in the last quarter. WINTON GROUP Ltd raised its position in Eastman Kodak by 399.0% in the 3rd 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. Jump Financial LLC raised its position in Eastman Kodak by 103.7% in the 4th quarter. Jump Financial LLC now owns 104,881 shares of the technology company’s stock worth $409,000 after purchasing an additional 53,381 shares during the last quarter. Finally, Denali Advisors LLC acquired a new position in Eastman Kodak during the 4th quarter worth $126,000. Institutional investors own 33.65% of the company’s stock.

Eastman Kodak Trading Up 1.7 %

Eastman Kodak stock traded up $0.08 during trading hours on Monday, reaching $4.60. 504,578 shares of the company’s stock traded hands, compared to its average volume of 1,147,092. The firm 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. Eastman Kodak has a fifty-two week low of $3.17 and a fifty-two week high of $6.34. The firm’s 50 day moving average is $4.67 and its 200-day moving average is $4.05.

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

Analysts Set New Price Targets

Separately, StockNews.com upgraded Eastman Kodak from a “sell” rating to a “hold” rating in a research report 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.