Vanguard Group Inc. Raises Stock Position in Unisys Co. (NYSE:UIS)

Vanguard Group Inc. raised its stake in shares of Unisys Co. (NYSE:UIS) by 1.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,019,993 shares of the information technology services provider’s stock after purchasing an additional 111,332 shares during the quarter. Vanguard Group Inc. owned approximately 8.80% of Unisys worth $20,769,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in UIS. AQR Capital Management LLC grew its position in shares of Unisys by 109.9% in the 3rd quarter. AQR Capital Management LLC now owns 1,741,018 shares of the information technology services provider’s stock worth $6,007,000 after buying an additional 911,637 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Unisys by 29.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,111,590 shares of the information technology services provider’s stock worth $7,285,000 after buying an additional 480,534 shares during the period. Acadian Asset Management LLC grew its position in shares of Unisys by 31.0% in the 3rd quarter. Acadian Asset Management LLC now owns 1,795,757 shares of the information technology services provider’s stock worth $6,193,000 after buying an additional 425,103 shares during the period. Strs Ohio grew its position in shares of Unisys by 9.7% in the 3rd quarter. Strs Ohio now owns 142,100 shares of the information technology services provider’s stock worth $490,000 after buying an additional 12,600 shares during the period. Finally, Algert Global LLC grew its position in shares of Unisys by 42.8% in the 3rd quarter. Algert Global LLC now owns 67,880 shares of the information technology services provider’s stock worth $234,000 after buying an additional 20,360 shares during the period. 86.87% of the stock is owned by hedge funds and other institutional investors.

Unisys Stock Down 0.4 %

NYSE:UIS opened at $5.61 on Friday. The firm’s 50-day moving average price is $5.72 and its 200-day moving average price is $5.17. The company has a market capitalization of $387.15 million, a PE ratio of -0.89 and a beta of 0.97. The company has a debt-to-equity ratio of 78.55, a current ratio of 1.49 and a quick ratio of 1.47. Unisys Co. has a 1-year low of $2.60 and a 1-year high of $8.12.

Unisys (NYSE:UIS) last announced its quarterly earnings data on Wednesday, February 21st. The information technology services provider reported $0.51 EPS for the quarter, beating the consensus estimate of $0.20 by $0.31. Unisys had a negative net margin of 21.37% and a negative return on equity of 577.16%. The company had revenue of $557.60 million for the quarter, compared to the consensus estimate of $535.28 million. During the same period in the prior year, the firm posted $1.22 EPS. Unisys’s revenue for the quarter was up .1% on a year-over-year basis. On average, equities analysts predict that Unisys Co. will post -0.05 EPS for the current fiscal year.

Unisys Company Profile

Unisys Corporation, together with its subsidiaries, operates as an information technology solutions company in the United States and internationally. It operates in three segments: Digital Workplace Solutions (DWS); Cloud, Applications & Infrastructure Solutions (CA&I); and Enterprise Computing Solutions.