Amalgamated Bank Has $2.53 Million Stock Position in Kyndryl Holdings, Inc. (NYSE:KD)

Amalgamated Bank decreased its position in Kyndryl Holdings, Inc. (NYSE:KD - Free Report) by 23.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 110,149 shares of the company's stock after selling 33,694 shares during the quarter. Amalgamated Bank's holdings in Kyndryl were worth $2,531,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of KD. Cortland Associates Inc. MO lifted its holdings 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 valued at $49,421,000 after purchasing an additional 565,263 shares during the last quarter. Pallas Capital Advisors LLC purchased a new stake in shares of Kyndryl during the third quarter valued at $227,000. State of Alaska Department of Revenue lifted its holdings in shares of Kyndryl by 7.3% during the third quarter. State of Alaska Department of Revenue now owns 26,787 shares of the company's stock valued at $615,000 after purchasing an additional 1,820 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Kyndryl by 19.1% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 29,660 shares of the company's stock valued at $682,000 after purchasing an additional 4,750 shares during the last quarter. Finally, Highland Capital Management LLC purchased a new stake in shares of Kyndryl during the third quarter valued at $203,000. Institutional investors and hedge funds own 71.53% of the company's stock.

Kyndryl Trading Up 1.4 %

Shares of NYSE KD traded up $0.39 during mid-day trading on Monday, hitting $28.10. 1,825,711 shares of the company traded hands, compared to its average volume of 1,676,860. Kyndryl Holdings, Inc. has a 1 year low of $17.22 and a 1 year high of $28.60. The stock has a market capitalization of $6.50 billion, a price-to-earnings ratio of -72.05, a PEG ratio of 6.78 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. The business has a 50 day moving average of $23.85 and a two-hundred day moving average of $24.71.

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.