Eastman Kodak Co (NYSE:KODK) Move as Institutional Investors’ Sentiment Worsens

June 16, 2018 - By Marie Mckinney

Eastman Kodak Company (NYSE:KODK) Logo

Sentiment for Eastman Kodak Co (NYSE:KODK)

Eastman Kodak Co (NYSE:KODK) institutional sentiment decreased to 0.87 in 2018 Q1. Its down -0.34, from 1.21 in 2017Q4. The ratio fall, as 40 hedge funds started new and increased positions, while 46 decreased and sold their stock positions in Eastman Kodak Co. The hedge funds in our partner’s database now possess: 22.44 million shares, down from 29.21 million shares in 2017Q4. Also, the number of hedge funds holding Eastman Kodak Co in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 25 Reduced: 21 Increased: 19 New Position: 21.

Eastman Kodak Company provides hardware, software, consumables, and services to clients in various markets worldwide. The company has market cap of $217.54 million. The firm operates through seven divisions: Print Systems; Micro 3D Printing and Packaging; Software and Solutions; Consumer and Film; Enterprise Inkjet Systems; Intellectual Property Solutions; and Eastman Business Park. It has a 2.89 P/E ratio. It offers digital offset plate and computer-to-plate imaging solutions, and electro photographic printing solutions to a range of commercial industries, including commercial print, direct mail, book publishing, newspapers and magazines, and packaging.

The stock increased 2.00% or $0.1 during the last trading session, reaching $5.1. About 504,813 shares traded or 4.62% up from the average. Eastman Kodak Company (NYSE:KODK) has declined 43.46% since June 16, 2017 and is downtrending. It has underperformed by 56.03% the S&P500.

Paradice Investment Management Llc holds 0.59% of its portfolio in Eastman Kodak Company for 1.53 million shares. Southeastern Asset Management Inc Tn owns 4.96 million shares or 0.32% of their US portfolio. Moreover, Blackstone Group L.P. has 0.24% invested in the company for 8.88 million shares. The Missouri-based Cutter & Co Brokerage Inc. has invested 0.16% in the stock. Gam Holding Ag, a Switzerland-based fund reported 383,132 shares.

Since January 1, 0001, it had 0 insider buys, and 2 insider sales for $46,070 activity.

More news for Eastman Kodak Company (NYSE:KODK) were recently published by: Businesswire.com, which released: “Kodak Announces Eric-Yves Mahe as New President of Consumer and Film Division” on June 11, 2018. Seekingalpha.com‘s article titled: “Apple: Cash Cow Or Star?” and published on June 06, 2018 is yet another important article.

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