Atria Investments Inc increased its holdings in shares of Kyndryl Holdings, Inc. (NYSE:KD – Free Report) by 4.5% in the third quarter, according to its most recent filing with the SEC. The fund owned 15,470 shares of the company’s stock after acquiring an additional 663 shares during the period. Atria Investments Inc’s holdings in Kyndryl were worth $356,000 at the end of the most recent quarter.
Several other institutional investors also recently added to or reduced their stakes in KD. Acadian Asset Management LLC acquired a new position in Kyndryl during the 1st quarter valued at approximately $26,000. ORG Wealth Partners LLC acquired a new stake in shares of Kyndryl during the 3rd quarter worth approximately $29,000. UMB Bank n.a. increased its holdings in shares of Kyndryl by 44.2% during the 3rd quarter. UMB Bank n.a. now owns 1,508 shares of the company’s stock valued at $35,000 after purchasing an additional 462 shares in the last quarter. Headlands Technologies LLC boosted its holdings in Kyndryl by 60.2% during the second quarter. Headlands Technologies LLC now owns 1,475 shares of the company’s stock worth $39,000 after buying an additional 554 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in Kyndryl during the second quarter valued at $39,000. Hedge funds and other institutional investors own 71.53% of the company’s stock.
Kyndryl Stock Up 13.8 %
KD opened at $32.48 on Friday. The company has a fifty day moving average of $24.59 and a two-hundred day moving average of $25.09. The company has a debt-to-equity ratio of 2.65, a quick ratio of 1.03 and a current ratio of 1.03. Kyndryl Holdings, Inc. has a fifty-two week low of $17.64 and a fifty-two week high of $33.26. The stock has a market capitalization of $7.54 billion, a price-to-earnings ratio of -80.97, a PEG ratio of 6.76 and a beta of 1.63.
Kyndryl Company Profile
Kyndryl Holdings, Inc operates as a technology services company and IT infrastructure services provider worldwide. The company offers cloud services; core enterprise and zCloud services; application, data, and artificial intelligence services; digital workplace services; security and resiliency services; and network services and edge services.
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