Cobblestone Capital Advisors LLC NY Invests $95,000 in Eastman Kodak (NYSE:KODK)

Cobblestone Capital Advisors LLC NY acquired a new stake in Eastman Kodak (NYSE:KODK) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 20,140 shares of the technology company’s stock, valued at approximately $95,000.

A number of other large investors have also added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC bought a new stake in shares of Eastman Kodak in the 3rd quarter valued at about $25,000. Gladius Capital Management LP acquired a new stake in Eastman Kodak during the 2nd quarter valued at approximately $33,000. BNP Paribas Financial Markets raised its holdings in Eastman Kodak by 21.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 12,607 shares of the technology company’s stock worth $60,000 after purchasing an additional 2,210 shares during the last quarter. CWM LLC lifted its position in shares of Eastman Kodak by 128.4% in the 2nd quarter. CWM LLC now owns 11,410 shares of the technology company’s stock worth $61,000 after purchasing an additional 6,415 shares during the period. Finally, Intech Investment Management LLC bought a new stake in shares of Eastman Kodak in the 3rd quarter valued at $62,000. Institutional investors own 33.65% of the company’s stock.

Eastman Kodak Stock Performance

KODK stock opened at $7.25 on Monday. The firm has a market cap of $582.90 million, a PE ratio of 10.36 and a beta of 3.64. The company has a current ratio of 2.41, a quick ratio of 1.51 and a debt-to-equity ratio of 0.47. The stock has a 50-day moving average price of $5.08 and a 200-day moving average price of $5.23. Eastman Kodak has a 1-year low of $3.33 and a 1-year high of $7.74.

Eastman Kodak (NYSE:KODK) last issued its earnings results on Tuesday, November 12th. The technology company reported $0.15 earnings per share for the quarter. The business had revenue of $261.00 million during the quarter. Eastman Kodak had a return on equity of 8.47% and a net margin of 7.70%.

Analyst Ratings Changes

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

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.