Sanctuary Advisors LLC Has $190,000 Position in Eastman Kodak Company $KODK

Sanctuary Advisors LLC lowered its stake in shares of Eastman Kodak Company (NYSE:KODK) by 74.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 22,469 shares of the technology company’s stock after selling 64,173 shares during the period. Sanctuary Advisors LLC’s holdings in Eastman Kodak were worth $190,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in shares of Eastman Kodak by 9.9% during the 4th quarter. Vanguard Group Inc. now owns 5,712,683 shares of the technology company’s stock valued at $48,329,000 after buying an additional 514,558 shares during the period. Marshall Wace LLP boosted its stake in shares of Eastman Kodak by 6.0% during the 3rd quarter. Marshall Wace LLP now owns 2,875,197 shares of the technology company’s stock valued at $18,430,000 after buying an additional 163,956 shares during the period. Bridgeway Capital Management LLC boosted its stake in shares of Eastman Kodak by 3.6% during the 2nd quarter. Bridgeway Capital Management LLC now owns 760,108 shares of the technology company’s stock valued at $4,295,000 after buying an additional 26,729 shares during the period. First Eagle Investment Management LLC lifted its holdings in shares of Eastman Kodak by 45.9% during the 3rd quarter. First Eagle Investment Management LLC now owns 734,433 shares of the technology company’s stock valued at $4,708,000 after buying an additional 231,217 shares during the last quarter. Finally, UBS Group AG lifted its holdings in shares of Eastman Kodak by 39.0% during the 3rd quarter. UBS Group AG now owns 471,773 shares of the technology company’s stock valued at $3,024,000 after buying an additional 132,424 shares during the last quarter. Institutional investors and hedge funds own 33.65% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Wall Street Zen upgraded Eastman Kodak from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Weiss Ratings lowered Eastman Kodak from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Eastman Kodak has an average rating of “Sell”.

Eastman Kodak Stock Down 3.4%

KODK opened at $10.24 on Wednesday. The firm has a market cap of $998.94 million, a P/E ratio of -5.44 and a beta of 1.66. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.32 and a current ratio of 2.53. Eastman Kodak Company has a twelve month low of $4.94 and a twelve month high of $14.87. The business has a 50 day moving average price of $10.28 and a 200 day moving average price of $8.61.

Eastman Kodak (NYSE:KODK) last released its earnings results on Thursday, May 7th. The technology company reported ($0.21) earnings per share for the quarter. The firm had revenue of $265.00 million for the quarter. Eastman Kodak had a negative return on equity of 21.13% and a negative net margin of 12.60%.

Eastman Kodak Profile

Eastman Kodak Company (NYSE: KODK) is a global technology firm specializing in imaging, printing and advanced materials. The company offers a wide array of products and services that enable customers to create, manage and share visual content across traditional and digital platforms. Its core offerings include graphic communications solutions, enterprise inkjet systems, packaging technologies, functional printing and micro 3D printing systems.

Kodak’s graphic communications segment serves commercial printers, packaging converters and publishing houses with offset plates, digital presses, workflow software and services designed to streamline production.