Eastman Kodak (NYSE:KODK) Stock Holdings Lowered by Royce & Associates LP

Royce & Associates LP reduced its holdings in Eastman Kodak (NYSE:KODK - Free Report) by 56.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 409,974 shares of the technology company's stock after selling 530,360 shares during the quarter. Royce & Associates LP owned 0.51% of Eastman Kodak worth $2,694,000 at the end of the most recent quarter.Get Eastman Kodak alerts:What is a Value Trap? A Complete OverviewA number of other hedge funds and other institutional investors have also made changes to their positions in KODK. Victory Capital Management Inc. bought a new stake in shares of Eastman Kodak in the 3rd quarter worth approximately $635,000. Empowered Funds LLC raised its holdings in shares of Eastman Kodak by 5.4% during the third quarter. Empowered Funds LLC now owns 342,460 shares of the technology company's stock valued at $1,616,000 after acquiring an additional 17,420 shares during the period. Intech Investment Management LLC acquired a new stake in shares of Eastman Kodak during the third quarter valued at approximately $62,000. Quantbot Technologies LP acquired a new stake in shares of Eastman Kodak during the third quarter valued at approximately $68,000. Finally, BNP Paribas Financial Markets raised its holdings in shares of Eastman Kodak by 21.3% during the third quarter. BNP Paribas Financial Markets now owns 12,607 shares of the technology company's stock valued at $60,000 after acquiring an additional 2,210 shares during the period. 33.65% of the stock is currently owned by institutional investors. Eastman Kodak Stock Down 2.5 %KODK stock opened at $6.51 on Friday. Eastman Kodak has a 52-week low of $4.26 and a 52-week high of $8.24. The company's 50 day simple moving average is $7.09 and its 200-day simple moving average is $6.12. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.41 and a quick ratio of 1.51. The firm has a market capitalization of $523.00 million, a P/E ratio of 9.29 and a beta of 3.75. The next meme stock: 6 tickers leading a meme stock revivalEastman Kodak (NYSE:KODK - Get Free Report) last released its quarterly earnings results on Monday, March 17th. The technology company reported $0.23 earnings per share (EPS) for the quarter. Eastman Kodak had a net margin of 7.70% and a return on equity of 8.47%. The business had revenue of $266.00 million for the quarter. Eastman Kodak Profile (Free Report)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.See AlsoFive stocks we like better than Eastman KodakFollowing Congress Stock TradesEverything About Amazon Stock Signals a Buy—Time to Load Up?How to Invest in Tech Stocks and Top Tech Stocks to Consider5 Reasons Five Below’s Stock Price Is Heading Higher This YearThe 3 Best Retail Stocks to Shop for in AugustBroadcom: Why the Chip Stock Remains a Top Long-Term AI PlayThis Is How HSBC's Crypto Collaboration Disrputs BankingThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Eastman Kodak Right Now?Before you consider Eastman Kodak, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Eastman Kodak wasn't on the list.While Eastman Kodak currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here