
American Century Companies Inc. boosted its holdings in shares of Kyndryl Holdings, Inc. ( NYSE:KD – Free Report ) by 15.
1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 372,642 shares of the company’s stock after buying an additional 48,809 shares during the quarter. American Century Companies Inc.
’s holdings in Kyndryl were worth $12,893,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors also recently added to or reduced their stakes in KD. FMR LLC raised its stake in shares of Kyndryl by 35.
1% in the third quarter. FMR LLC now owns 6,036,908 shares of the company’s stock valued at $138,728,000 after acquiring an additional 1,569,260 shares in the last quarter. Geode Capital Management LLC raised its position in Kyndryl by 1.
7% in the 3rd quarter. Geode Capital Management LLC now owns 3,867,873 shares of the company’s stock valued at $88,908,000 after purchasing an additional 63,997 shares in the last quarter. Zimmer Partners LP boosted its stake in shares of Kyndryl by 1.
9% in the 3rd quarter. Zimmer Partners LP now owns 2,723,895 shares of the company’s stock valued at $62,595,000 after buying an additional 49,738 shares during the period. Allianz Asset Management GmbH grew its position in shares of Kyndryl by 5.
6% during the fourth quarter. Allianz Asset Management GmbH now owns 719,402 shares of the company’s stock worth $24,891,000 after buying an additional 38,291 shares in the last quarter. Finally, National Bank of Canada FI increased its stake in shares of Kyndryl by 33.
7% during the third quarter. National Bank of Canada FI now owns 656,901 shares of the company’s stock worth $15,096,000 after buying an additional 165,481 shares during the period. Hedge funds and other institutional investors own 71.
53% of the company’s stock. Kyndryl Stock Performance Shares of Kyndryl stock opened at $32.16 on Wednesday.
The firm has a market capitalization of $7.48 billion, a P/E ratio of 58.47, a P/E/G ratio of 10.
84 and a beta of 1.85. The company has a quick ratio of 1.
09, a current ratio of 1.09 and a debt-to-equity ratio of 2.55.
Kyndryl Holdings, Inc. has a 52 week low of $19.24 and a 52 week high of $43.
61. The firm’s 50 day moving average is $37.40 and its two-hundred day moving average is $32.
55. Insider Activity at Kyndryl Analyst Ratings Changes Several research analysts have commented on the stock. Oppenheimer boosted their price target on shares of Kyndryl from $37.
00 to $43.00 and gave the stock an “outperform” rating in a report on Tuesday, February 4th. Susquehanna boosted their target price on shares of Kyndryl from $40.
00 to $46.00 and gave the stock a “positive” rating in a research note on Wednesday, February 5th. Check Out Our Latest Stock Analysis on Kyndryl About Kyndryl ( Free Report ) 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. Read More Want to see what other hedge funds are holding KD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kyndryl Holdings, Inc.
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