Kyndryl Holdings, Inc. (NYSE:KD) Position Increased by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. grew its position in shares of Kyndryl Holdings, Inc. (NYSE:KD) by 39.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,841 shares of the company’s stock after buying an additional 6,688 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Kyndryl were worth $548,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in KD. Acadian Asset Management LLC acquired a new stake in Kyndryl in the first quarter valued at approximately $26,000. ORG Wealth Partners LLC bought a new position in shares of Kyndryl in the 3rd quarter valued at approximately $29,000. UMB Bank n.a. lifted its holdings in Kyndryl by 44.2% in the 3rd quarter. UMB Bank n.a. now owns 1,508 shares of the company’s stock worth $35,000 after purchasing an additional 462 shares during the last quarter. Headlands Technologies LLC boosted its position 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 purchasing an additional 554 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Kyndryl in the second quarter valued at approximately $39,000. 71.53% of the stock is currently owned by institutional investors and hedge funds.

Kyndryl Price Performance

NYSE KD opened at $28.06 on Wednesday. The company has a market cap of $6.52 billion, a P/E ratio of -71.94, a P/E/G ratio of 6.73 and a beta of 1.63. Kyndryl Holdings, Inc. has a 1 year low of $17.64 and a 1 year high of $28.93. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 2.65. The company has a fifty day simple moving average of $24.48 and a 200 day simple moving average of $25.06.

About Kyndryl

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.