Kyndryl Holdings, Inc. (NYSE:KD) Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC raised its position in shares of Kyndryl Holdings, Inc. (NYSE:KD) by 19.1% in the third quarter, HoldingsChannel reports. The firm owned 29,660 shares of the company’s stock after acquiring an additional 4,750 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Kyndryl were worth $682,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Acadian Asset Management LLC acquired a new position in shares of Kyndryl during the first quarter worth approximately $26,000. ORG Wealth Partners LLC acquired a new position in Kyndryl during the 3rd quarter worth $29,000. ORG Partners LLC boosted its position in Kyndryl by 622.4% during the 1st quarter. ORG Partners LLC now owns 1,416 shares of the company’s stock worth $31,000 after acquiring an additional 1,220 shares during the period. UMB Bank n.a. grew its stake in shares of Kyndryl by 44.2% in the third quarter. UMB Bank n.a. now owns 1,508 shares of the company’s stock worth $35,000 after purchasing an additional 462 shares in the last quarter. Finally, Headlands Technologies LLC increased its holdings in shares of Kyndryl by 60.2% during the second quarter. Headlands Technologies LLC now owns 1,475 shares of the company’s stock valued at $39,000 after purchasing an additional 554 shares during the period. Institutional investors own 71.53% of the company’s stock.

Kyndryl Price Performance

Shares of NYSE KD opened at $24.13 on Thursday. The firm’s 50-day simple moving average is $23.60 and its 200 day simple moving average is $24.52. The stock has a market cap of $5.58 billion, a P/E ratio of -29.43, a P/E/G ratio of 5.66 and a beta of 1.63. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 2.82. Kyndryl Holdings, Inc. has a fifty-two week low of $15.24 and a fifty-two week high of $28.60.

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.