Stock Traders Purchase Large Volume of Put Options on Unisys (NYSE:UIS)

Unisys Co. (NYSE:UISGet Rating) saw unusually large options trading activity on Tuesday. Stock traders acquired 22,931 put options on the stock. This represents an increase of 6,644% compared to the average volume of 340 put options.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on shares of Unisys in a report on Wednesday, October 12th. They issued a “hold” rating for the company.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in UIS. BlackRock Inc. lifted its holdings in shares of Unisys by 0.4% in the first quarter. BlackRock Inc. now owns 10,758,162 shares of the information technology services provider’s stock valued at $232,485,000 after purchasing an additional 45,087 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Unisys by 2.1% during the 1st quarter. Vanguard Group Inc. now owns 8,837,854 shares of the information technology services provider’s stock worth $190,986,000 after acquiring an additional 181,125 shares during the last quarter. State Street Corp grew its stake in shares of Unisys by 2.5% in the 2nd quarter. State Street Corp now owns 2,389,277 shares of the information technology services provider’s stock worth $28,743,000 after acquiring an additional 57,154 shares in the last quarter. Boston Partners raised its holdings in shares of Unisys by 2.0% in the first quarter. Boston Partners now owns 1,550,333 shares of the information technology services provider’s stock valued at $32,910,000 after purchasing an additional 31,033 shares during the last quarter. Finally, Boundary Creek Advisors LP lifted its position in shares of Unisys by 34.4% during the third quarter. Boundary Creek Advisors LP now owns 1,481,564 shares of the information technology services provider’s stock valued at $11,186,000 after purchasing an additional 379,066 shares in the last quarter. Institutional investors own 97.42% of the company’s stock.

Unisys Price Performance

Shares of UIS opened at $4.63 on Wednesday. The business has a 50-day moving average of $8.65 and a 200-day moving average of $10.98. Unisys has a 1 year low of $4.28 and a 1 year high of $23.10. The company has a market capitalization of $313.85 million, a price-to-earnings ratio of -1.39 and a beta of 0.88.

Unisys (NYSE:UISGet Rating) last announced its quarterly earnings data on Monday, November 7th. The information technology services provider reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.17. Unisys had a negative return on equity of 24.85% and a negative net margin of 11.28%. The company had revenue of $461.20 million for the quarter, compared to the consensus estimate of $474.95 million. During the same period in the previous year, the business earned $0.10 EPS. The firm’s revenue was down 5.5% compared to the same quarter last year.

About Unisys

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Unisys Corporation, together with its subsidiaries, operates as an information technology services company worldwide. It operates in Digital Workplace Solutions (DWS); Cloud and Infrastructure Solutions (C&I); and Enterprise Computing Solutions (ECS) segments. The DWS segment provides solutions that transform digital workplaces securely and create exceptional end-user experiences.

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