Eastman Kodak (NYSE:KODK) Raised to “Buy” at ValuEngine

ValuEngine upgraded shares of Eastman Kodak (NYSE:KODK) from a hold rating to a buy rating in a report released on Saturday, ValuEngine reports.

KODK opened at $2.05 on Friday. Eastman Kodak has a fifty-two week low of $2.03 and a fifty-two week high of $4.44. The stock’s 50-day simple moving average is $2.42.

Eastman Kodak (NYSE:KODK) last released its quarterly earnings data on Thursday, August 8th. The technology company reported ($0.25) earnings per share for the quarter. The business had revenue of $307.00 million for the quarter. Eastman Kodak had a return on equity of 145.46% and a net margin of 15.25%.



Hedge funds and other institutional investors have recently bought and sold shares of the business. Squarepoint Ops LLC bought a new position in Eastman Kodak in the 4th quarter worth about $39,000. Spark Investment Management LLC boosted its holdings in shares of Eastman Kodak by 29.4% in the first quarter. Spark Investment Management LLC now owns 206,700 shares of the technology company’s stock valued at $611,000 after acquiring an additional 47,000 shares in the last quarter. First Eagle Investment Management LLC boosted its holdings in shares of Eastman Kodak by 4.0% in the first quarter. First Eagle Investment Management LLC now owns 1,361,118 shares of the technology company’s stock valued at $4,029,000 after acquiring an additional 51,900 shares in the last quarter. D. E. Shaw & Co. Inc. boosted its holdings in shares of Eastman Kodak by 435.5% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 166,987 shares of the technology company’s stock valued at $426,000 after acquiring an additional 135,801 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Eastman Kodak by 2.9% in the fourth quarter. Geode Capital Management LLC now owns 322,441 shares of the technology company’s stock valued at $822,000 after acquiring an additional 8,941 shares in the last quarter. Hedge funds and other institutional investors own 57.03% of the company’s stock.

Eastman Kodak Company Profile

Eastman Kodak Company provides hardware, software, consumables, and services to customers in the graphic arts, commercial print, publishing, electronic displays, entertainment and commercial films, and consumer products markets worldwide. The company operates in six segments: Print Systems, Enterprise Inkjet Systems, Software and Solutions, Consumer and Film, Advanced Materials and 3D Printing Technology, and Eastman Business Park.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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