Today’s 13GD Filing: Learn Why Blackstone Holdings I L.P. Just Purchased Eastman Kodak Co Stake?

Today's 13GD Filing: Learn Why Blackstone Holdings I L.P. Just Purchased Eastman Kodak Co Stake?

The New Blackstone Holdings I L.P. Holding in Eastman Kodak Co

Blackstone Holdings I L.P. filed with the SEC SC 13D/A form for Eastman Kodak Co. The form can be accessed here: 000119312516740865. As reported in Blackstone Holdings I L.P.’s form, the filler as of late owns 21% or 8,875,211 shares of the Information Technology–company.

Eastman Kodak Co stake is a new one for the and it was filed because of activity on October 30, 2015. We feel this shows Blackstone Holdings I L.P.’s positive view for the stock.

Eastman Kodak Co Institutional Sentiment

Latest Security and Exchange filings show 76 investors own Eastman Kodak Co. The institutional ownership in Q3 2015 is high, at 88.59% of the outstanding shares. This is increased by 7112809 the total institutional shares. 37429176 were the shares owned by these institutional investors. In total 7 funds opened new Eastman Kodak Co stakes, 33 increased stakes. There were 11 that closed positions and 19 reduced them.

4 managers had the stock in their top Ten. Notable investors are: Contrarian Capital Management L.L.C., Bluemountain Capital Management Llc..

Jody Lanasa And Vivian Lau Serengeti Asset Management Lp is an institutional investor bullish on Eastman Kodak Co, owning 1300000 shares as of Q3 2015 for 3.52% of its portfolio. Monroe Hall Asset Management Llc owns 600000 shares or 4.56% of its portfolio. NY Bluemountain Capital Management Llc have 2.13% of their stock portfolio for 7449406 shares. Further, Armistice Capital Llc reported stake worth 4.29% of its US stock portfolio. The CT Contrarian Capital Management Llc owns 1774354 shares. Eastman Kodak Co is 13.94% of the manager’s US portfolio.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Insitutional Activity: The institutional sentiment decreased to 1.03 in 2016 Q2. Its down 0.23, from 1.26 in 2016Q1. The ratio is negative, as 12 funds sold all Eastman Kodak Company Common New shares owned while 25 reduced positions. 13 funds bought stakes while 25 increased positions. They now own 30.55 million shares or 1.16% less from 30.91 million shares in 2016Q1.

Blackrock Gru Inc Limited has 0% invested in the company for 4,882 shares. Bank Of New York Mellon, a New York-based fund reported 89,096 shares. Bluemountain Cap Mgmt holds 2.77% of its portfolio in Eastman Kodak Company Common New (NYSE:KODK) for 7.45M shares. Northern Trust accumulated 0% or 248,180 shares. Moreover, Parametric Port Associate Ltd has 0% invested in Eastman Kodak Company Common New (NYSE:KODK) for 20,514 shares. Barclays Public Ltd Liability Corporation accumulated 0% or 218 shares. Morgan Stanley accumulated 0% or 6,366 shares. The New York-based Blackrock has invested 0% in Eastman Kodak Company Common New (NYSE:KODK). State Street last reported 259,442 shares in the company. Renaissance Tech Lc has 0% invested in the company for 22,300 shares. The Delaware-based Blackrock Advsr Ltd Com has invested 0% in Eastman Kodak Company Common New (NYSE:KODK). Legal General Group Inc Public Lc has 2,194 shares for 0% of their US portfolio. New York State Common Retirement Fund has 0% invested in the company for 21,769 shares. Jacobs Levy Equity Mngmt reported 14,525 shares or 0% of all its holdings. Alliancebernstein Ltd Partnership has 0% invested in the company for 15,500 shares.

Insider Transactions: Since May 11, 2016, the stock had 0 insider purchases, and 11 sales for $480,328 net activity. 3,400 shares were sold by Kruchten Brad, worth $57,763. 9,648 shares with value of $146,846 were sold by Cullimore Philip on Thursday, September 8. $58,932 worth of Eastman Kodak Company Common New (NYSE:KODK) was sold by O’Grady John G.. Samuels Eric also sold $6,757 worth of Eastman Kodak Company Common New (NYSE:KODK) shares. Mahe Eric-Yves had sold 10,000 shares worth $119,397.

Analysts await Eastman Kodak Company Common New (NYSE:KODK) to report earnings on October, 27.

The stock increased 1.36% or $0.19 during the last trading session, hitting $14.11. About 63,147 shares traded hands. Eastman Kodak Company Common New (NYSE:KODK) has risen 26.32% since March 15, 2016 and is uptrending. It has outperformed by 20.83% the S&P500.

More recent Eastman Kodak Company Common New (NYSE:KODK) news were published by: Quotes.Wsj.com which released: “News Eastman Kodak Co.KODK” on November 05, 2013. Also Forbes.com published the news titled: “Kodak Is Coming Back To The New York Stock Exchange” on October 29, 2013. Thestreet.com‘s news article titled: “Kodak Emerges From Bankruptcy, Cancels Common Stock” with publication date: September 03, 2013 was also an interesting one.

According to Zacks Investment Research, “Eastman Kodak Company is a technology company. It provides hardware, software, consumables and services to customers in graphic communications, packaging and functional printing. It operates in two segments: Graphics, Entertainment and Commercial Films (GECF) and Digital Printing and Enterprise (DP&E). The GECF segment consists of the Graphics and Entertainment & Commercial Films groups, as well as Kodak’s intellectual property and brand licensing activities. The DP&E Segment consists of Digital Printing, Packaging and Functional Printing, Enterprise Services & Solutions, and Consumer Inkjet Systems businesses. The Company serves entertainment and commercial films markets. Eastman Kodak Company is headquartered in Rochester, New York.”

KODK Company Profile

Eastman Kodak Company (Kodak), incorporated on March 15, 1905, is a commercial printing and imaging firm with technologies in materials science, digital imaging science and software, and deposition processes. The Firm develops solutions for the product goods packaging and graphic communications markets. The Firm also offers brand licensing and intellectual property opportunities, provides services and products for motion pictures and other commercial films, and sells ink to its existing installed consumer inkjet printer base. The Firm operates through seven divisions: Print Systems, Enterprise Inkjet Systems, Micro 3D Printing and Packaging, Software and Solutions, Consumer and Film, Intellectual Property Solutions and Eastman Business Park. The Print Systems segment consists of two lines of business: Prepress Solutions and Electrophotographic Printing Solutions. The Enterprise Inkjet Systems segment includes the KODAK VERSAMARK business. The Micro 3D Printing and Packaging segment consists of two lines of business: Packaging and Functional Printing. The Software and Solutions segment includes two lines of business: Kodak Technology Solutions and Unified Workflow Solutions. The Consumer and Film segment consists of three lines of business: Consumer Inkjet Solutions; Motion Picture, Industrial Chemicals and Films, and Consumer Products. The Intellectual Property Solutions segment includes licensing and research and development activities not directly related to the other divisions. The Eastman Business Park segment includes the activities of the Eastman Business Park.

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