Tennessee Valley Asset Management Partners Purchases 7,000 Shares of Eastman Kodak (NYSE:KODK)

Tennessee Valley Asset Management Partners raised its position in Eastman Kodak (NYSE:KODK) by 43.8% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 23,000 shares of the technology company’s stock after acquiring an additional 7,000 shares during the period. Tennessee Valley Asset Management Partners’ holdings in Eastman Kodak were worth $124,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Gladius Capital Management LP bought a new stake in shares of Eastman Kodak in the second quarter worth $33,000. IPG Investment Advisors LLC bought a new stake in Eastman Kodak during the 4th quarter worth about $50,000. CWM LLC boosted its stake in shares of Eastman Kodak by 128.4% during the 2nd quarter. CWM LLC now owns 11,410 shares of the technology company’s stock worth $61,000 after buying an additional 6,415 shares during the last quarter. Rathbones Group PLC bought a new position in shares of Eastman Kodak in the 2nd quarter valued at about $69,000. Finally, BNP Paribas Financial Markets increased its position in shares of Eastman Kodak by 83.4% in the first quarter. BNP Paribas Financial Markets now owns 27,781 shares of the technology company’s stock valued at $138,000 after acquiring an additional 12,637 shares during the last quarter. Institutional investors and hedge funds own 33.65% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com raised Eastman Kodak from a “sell” rating to a “hold” rating in a research report on Tuesday, August 13th.

Eastman Kodak Price Performance

NYSE:KODK opened at $4.92 on Friday. The stock has a market capitalization of $395.08 million, a PE ratio of 7.69 and a beta of 3.63. Eastman Kodak has a 1-year low of $3.33 and a 1-year high of $6.18. The firm has a fifty day simple moving average of $5.26 and a 200 day simple moving average of $5.12. The company has a current ratio of 2.37, a quick ratio of 1.54 and a debt-to-equity ratio of 0.47.

Eastman Kodak (NYSE:KODK) last announced its quarterly earnings data on Thursday, August 8th. The technology company reported $0.23 EPS for the quarter. The company had revenue of $267.00 million during the quarter. Eastman Kodak had a net margin of 6.13% and a return on equity of 9.68%.

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.