US Bancorp DE Has $421,000 Stock Position in Kyndryl Holdings, Inc. (NYSE:KD)

US Bancorp DE trimmed its position in Kyndryl Holdings, Inc. (NYSE:KD) by 6.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,320 shares of the company’s stock after selling 1,261 shares during the quarter. US Bancorp DE’s holdings in Kyndryl were worth $421,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Acadian Asset Management LLC bought a new position in shares of Kyndryl during the 1st quarter valued at about $26,000. ORG Wealth Partners LLC acquired a new position 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 worth $35,000 after acquiring an additional 462 shares during the last quarter. Headlands Technologies LLC increased its holdings in shares of Kyndryl by 60.2% during the 2nd quarter. Headlands Technologies LLC now owns 1,475 shares of the company’s stock worth $39,000 after acquiring an additional 554 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in Kyndryl in the 2nd quarter valued at $39,000. 71.53% of the stock is currently owned by institutional investors and hedge funds.

Kyndryl Stock Performance

Shares of NYSE KD opened at $28.10 on Tuesday. The company has a debt-to-equity ratio of 2.82, a current ratio of 1.03 and a quick ratio of 1.03. The stock’s fifty day moving average price is $23.85 and its two-hundred day moving average price is $24.71. Kyndryl Holdings, Inc. has a one year low of $17.22 and a one year high of $28.60. The firm has a market cap of $6.50 billion, a price-to-earnings ratio of -72.05, a P/E/G ratio of 6.78 and a beta of 1.63.

Kyndryl 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.