5,700 Shares in Kyndryl Holdings, Inc. $KD Acquired by Versor Investments LP

Versor Investments LP bought a new stake in shares of Kyndryl Holdings, Inc. (NYSE:KD) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,700 shares of the company’s stock, valued at approximately $239,000.

Other institutional investors have also added to or reduced their stakes in the company. Magnetar Financial LLC bought a new position in Kyndryl in the 1st quarter worth $943,000. Landscape Capital Management L.L.C. purchased a new stake in Kyndryl in the first quarter worth about $605,000. Raymond James Financial Inc. raised its stake in shares of Kyndryl by 10.6% in the first quarter. Raymond James Financial Inc. now owns 363,043 shares of the company’s stock worth $11,400,000 after buying an additional 34,735 shares during the period. Hsbc Holdings PLC lifted its position in shares of Kyndryl by 29.0% during the 1st quarter. Hsbc Holdings PLC now owns 38,094 shares of the company’s stock valued at $1,190,000 after buying an additional 8,559 shares in the last quarter. Finally, Voya Investment Management LLC lifted its position in shares of Kyndryl by 56.2% during the 1st quarter. Voya Investment Management LLC now owns 71,664 shares of the company’s stock valued at $2,250,000 after buying an additional 25,784 shares in the last quarter. 71.53% of the stock is currently owned by institutional investors.

Kyndryl Price Performance

KD stock opened at $26.57 on Friday. The company has a debt-to-equity ratio of 2.24, a quick ratio of 1.05 and a current ratio of 1.05. The company’s fifty day moving average price is $30.00 and its 200-day moving average price is $34.57. Kyndryl Holdings, Inc. has a one year low of $24.49 and a one year high of $44.20. The company has a market capitalization of $6.14 billion, a PE ratio of 15.72, a price-to-earnings-growth ratio of 2.93 and a beta of 1.84.

Kyndryl (NYSE:KD) last announced its quarterly earnings results on Tuesday, November 4th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.05. The company had revenue of $3.72 billion for the quarter, compared to the consensus estimate of $3.84 billion. Kyndryl had a net margin of 2.71% and a return on equity of 25.99%. Kyndryl’s revenue for the quarter was down 1.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.01 EPS. Kyndryl has set its FY 2026 guidance at EPS. On average, equities analysts anticipate that Kyndryl Holdings, Inc. will post 0.73 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. JPMorgan Chase & Co. decreased their target price on shares of Kyndryl from $45.00 to $40.00 and set an “overweight” rating on the stock in a research note on Thursday. Susquehanna set a $35.00 price objective on shares of Kyndryl in a research report on Thursday. Wall Street Zen downgraded shares of Kyndryl from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Kyndryl in a research note on Wednesday, October 8th. Finally, Zacks Research downgraded Kyndryl from a “hold” rating to a “strong sell” rating in a research report on Monday, September 29th. Four research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Kyndryl currently has a consensus rating of “Hold” and a consensus price target of $40.00.

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.