Universal Beteiligungs und Servicegesellschaft mbH Purchases 6,756 Shares of Kyndryl Holdings, Inc. $KD

Universal Beteiligungs und Servicegesellschaft mbH increased its position in Kyndryl Holdings, Inc. (NYSE:KD) by 16.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 46,804 shares of the company’s stock after acquiring an additional 6,756 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Kyndryl were worth $1,964,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its stake in shares of Kyndryl by 50.0% in the first quarter. Envestnet Asset Management Inc. now owns 73,096 shares of the company’s stock worth $2,295,000 after purchasing an additional 24,367 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in Kyndryl by 4.4% in the 1st quarter. Victory Capital Management Inc. now owns 45,498 shares of the company’s stock worth $1,429,000 after buying an additional 1,912 shares during the period. Avantax Advisory Services Inc. boosted its holdings in Kyndryl by 23.3% in the 1st quarter. Avantax Advisory Services Inc. now owns 10,002 shares of the company’s stock worth $314,000 after buying an additional 1,892 shares during the period. Cetera Investment Advisers grew its stake in Kyndryl by 87.8% in the 1st quarter. Cetera Investment Advisers now owns 30,286 shares of the company’s stock valued at $951,000 after buying an additional 14,155 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Kyndryl by 2.7% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 62,321 shares of the company’s stock valued at $1,957,000 after acquiring an additional 1,641 shares during the period. 71.53% of the stock is currently owned by institutional investors.

Kyndryl Price Performance

Shares of NYSE:KD opened at $25.11 on Wednesday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 2.24. The stock has a market cap of $5.74 billion, a PE ratio of 14.86 and a beta of 1.84. The company’s fifty day moving average is $28.12 and its 200 day moving average is $33.89. Kyndryl Holdings, Inc. has a 52 week low of $23.28 and a 52 week high of $44.20.

Kyndryl (NYSE:KD) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.05. The business had revenue of $3.72 billion during the quarter, compared to analyst estimates of $3.84 billion. Kyndryl had a net margin of 2.71% and a return on equity of 25.76%. The company’s revenue was down 1.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.01 earnings per share. Kyndryl has set its FY 2026 guidance at EPS. Research analysts anticipate that Kyndryl Holdings, Inc. will post 0.73 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Susquehanna set a $35.00 price target on Kyndryl in a research report on Thursday, November 6th. Zacks Research raised Kyndryl from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Kyndryl in a research report on Wednesday, October 8th. Guggenheim started coverage on shares of Kyndryl in a report on Tuesday. They issued a “buy” rating and a $30.00 price target on the stock. Finally, Morgan Stanley assumed coverage on shares of Kyndryl in a research report on Friday, September 26th. They issued an “equal weight” rating and a $30.00 price objective for the company. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $38.00.

Kyndryl Company 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.