Platinum Investment Management LTD Decreased By $36.21 Million Its Oracle (ORCL) Stake; Eastman Kodak Co (KODK) Sentiment Is 1.46

January 18, 2018 - By Linda Rogers

Eastman Kodak Company provides hardware, software, consumables, and services to clients in various markets worldwide. The company has market cap of $435.29 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 currently has negative earnings. 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.

Platinum Investment Management Ltd decreased Oracle Corp (ORCL) stake by 13.17% reported in 2017Q3 SEC filing. Platinum Investment Management Ltd sold 754,400 shares as Oracle Corp (ORCL)’s stock rose 5.35%. The Platinum Investment Management Ltd holds 4.98M shares with $240.57M value, down from 5.73M last quarter. Oracle Corp now has $208.24 billion valuation. The stock increased 0.07% or $0.035 during the last trading session, reaching $50.305. About 9.42M shares traded. Oracle Corporation (NYSE:ORCL) has risen 14.08% since January 18, 2017 and is uptrending. It has underperformed by 2.62% the S&P500.

Among 38 analysts covering Oracle (NYSE:ORCL), 28 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. Oracle had 103 analyst reports since July 30, 2015 according to SRatingsIntel. BMO Capital Markets maintained the shares of ORCL in report on Wednesday, August 16 with “Buy” rating. As per Thursday, March 16, the company rating was upgraded by JMP Securities. RBC Capital Markets maintained Oracle Corporation (NYSE:ORCL) rating on Sunday, July 23. RBC Capital Markets has “Buy” rating and $5300 target. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, September 17 report. The stock of Oracle Corporation (NYSE:ORCL) has “Outperform” rating given on Friday, September 16 by BMO Capital Markets. The firm earned “Equal-Weight” rating on Wednesday, November 11 by Morgan Stanley. The stock has “Outperform” rating by Wedbush on Thursday, June 22. The rating was maintained by Jefferies on Friday, September 15 with “Buy”. Stifel Nicolaus maintained the stock with “Buy” rating in Monday, July 24 report. The firm earned “Outperform” rating on Friday, September 30 by RBC Capital Markets.

Investors sentiment increased to 1.13 in Q3 2017. Its up 0.18, from 0.95 in 2017Q2. It improved, as 67 investors sold ORCL shares while 498 reduced holdings. 122 funds opened positions while 519 raised stakes. 2.32 billion shares or 1.54% less from 2.35 billion shares in 2017Q2 were reported. Jfs Wealth Advisors Limited Liability Company holds 0.04% in Oracle Corporation (NYSE:ORCL) or 2,999 shares. Oakworth Cap invested in 14,176 shares or 0.18% of the stock. Teachers Retirement Sys Of The State Of Kentucky has 0.19% invested in Oracle Corporation (NYSE:ORCL). Reilly Financial Advsrs Lc stated it has 0.02% of its portfolio in Oracle Corporation (NYSE:ORCL). Midas Mgmt Corporation owns 1.15% invested in Oracle Corporation (NYSE:ORCL) for 45,000 shares. Shelter Mutual Insurance owns 260,980 shares for 3.94% of their portfolio. Sei Invs has invested 0.3% in Oracle Corporation (NYSE:ORCL). Davidson Inv Advsr invested 0.08% of its portfolio in Oracle Corporation (NYSE:ORCL). Fil Limited reported 2.81% in Oracle Corporation (NYSE:ORCL). First Pacific Advsrs Lc reported 7.85% in Oracle Corporation (NYSE:ORCL). Moreover, Eagle Glob Limited Liability Corporation has 0.01% invested in Oracle Corporation (NYSE:ORCL). Manufacturers Life Ins Company The stated it has 10.37 million shares or 0.6% of all its holdings. Cap Invest Of America holds 314,927 shares or 2.56% of its portfolio. 16,066 were reported by Bailard Incorporated. Tci Wealth Advsr Incorporated reported 5,427 shares.

Analysts await Oracle Corporation (NYSE:ORCL) to report earnings on March, 21. They expect $0.66 EPS, up 4.76% or $0.03 from last year’s $0.63 per share. ORCL’s profit will be $2.73 billion for 19.05 P/E if the $0.66 EPS becomes a reality. After $0.62 actual EPS reported by Oracle Corporation for the previous quarter, Wall Street now forecasts 6.45% EPS growth.

Platinum Investment Management Ltd increased Infinity Pharmaceuticals Inc (NASDAQ:INFI) stake by 601,600 shares to 1.41 million valued at $1.88M in 2017Q3. It also upped Nielsen Hldgs Plc stake by 358,100 shares and now owns 2.89M shares. Alphabet Inc was raised too.

The stock increased 8.20% or $0.775 during the last trading session, reaching $10.225. About 8.36 million shares traded or 109.05% up from the average. Eastman Kodak Company (KODK) has declined 13.76% since January 18, 2017 and is downtrending. It has underperformed by 30.46% the S&P500.

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