Strs Ohio Sells 39,200 Shares of Unisys Co. (NYSE:UIS)

Strs Ohio lessened its holdings in shares of Unisys Co. (NYSE:UIS) by 27.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 102,900 shares of the information technology services provider’s stock after selling 39,200 shares during the quarter. Strs Ohio owned approximately 0.15% of Unisys worth $578,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. AQR Capital Management LLC raised its holdings in Unisys by 109.9% in the third quarter. AQR Capital Management LLC now owns 1,741,018 shares of the information technology services provider’s stock worth $6,007,000 after purchasing an additional 911,637 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Unisys by 29.5% in the third 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 purchasing an additional 480,534 shares in the last quarter. Diversified Trust Co bought a new position in Unisys in the fourth quarter worth $104,000. Assenagon Asset Management S.A. raised its holdings in Unisys by 14.5% in the fourth quarter. Assenagon Asset Management S.A. now owns 769,312 shares of the information technology services provider’s stock worth $4,324,000 after purchasing an additional 97,234 shares in the last quarter. Finally, Acadian Asset Management LLC raised its holdings in Unisys by 31.0% in the third quarter. Acadian Asset Management LLC now owns 1,795,757 shares of the information technology services provider’s stock worth $6,193,000 after purchasing an additional 425,103 shares in the last quarter. Institutional investors own 86.87% of the company’s stock.

Unisys Price Performance

UIS opened at $5.46 on Friday. The stock has a fifty day simple moving average of $5.38 and a two-hundred day simple moving average of $5.30. The company has a current ratio of 1.49, a quick ratio of 1.47 and a debt-to-equity ratio of 78.55. The company has a market cap of $376.79 million, a price-to-earnings ratio of -0.86 and a beta of 0.97. Unisys Co. has a 12-month low of $2.60 and a 12-month high of $8.12.

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

Unisys 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.