Atria Investments Inc Boosts Stock Position in Kyndryl Holdings, Inc. (NYSE:KD)

Atria Investments Inc increased its position in shares of Kyndryl Holdings, Inc. (NYSE:KD) by 4.5% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 15,470 shares of the company’s stock after purchasing an additional 663 shares during the quarter. Atria Investments Inc’s holdings in Kyndryl were worth $356,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Great Lakes Advisors LLC acquired a new stake in Kyndryl during the 2nd quarter worth approximately $19,996,000. Renaissance Technologies LLC boosted its stake in shares of Kyndryl by 32.3% in the 2nd quarter. Renaissance Technologies LLC now owns 2,765,800 shares of the company’s stock valued at $72,768,000 after buying an additional 675,800 shares during the period. Cortland Associates Inc. MO grew its position in shares of Kyndryl by 35.7% during the third quarter. Cortland Associates Inc. MO now owns 2,150,614 shares of the company’s stock worth $49,421,000 after buying an additional 565,263 shares in the last quarter. Millennium Management LLC increased its stake in shares of Kyndryl by 101.1% during the second quarter. Millennium Management LLC now owns 1,011,420 shares of the company’s stock worth $26,610,000 after buying an additional 508,553 shares during the period. Finally, AQR Capital Management LLC lifted its position in shares of Kyndryl by 392.1% during the 2nd quarter. AQR Capital Management LLC now owns 631,299 shares of the company’s stock worth $16,578,000 after purchasing an additional 503,020 shares during the last quarter. 71.53% of the stock is currently owned by hedge funds and other institutional investors.

Kyndryl Trading Up 13.8 %

KD opened at $32.48 on Friday. The company has a market cap of $7.54 billion, a P/E ratio of -80.97, a PEG ratio of 6.76 and a beta of 1.63. 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 one year low of $17.64 and a one year high of $33.26. The business’s 50-day simple moving average is $24.59 and its 200-day simple moving average is $25.09.

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.