Charles Schwab Investment Management Inc. Raises Stock Position in Unisys Co. (NYSE:UIS)

Charles Schwab Investment Management Inc. lifted its stake in shares of Unisys Co. (NYSE:UISFree Report) by 0.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,123,029 shares of the information technology services provider’s stock after buying an additional 11,439 shares during the quarter. Charles Schwab Investment Management Inc. owned about 3.10% of Unisys worth $11,931,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Nisa Investment Advisors LLC purchased a new stake in shares of Unisys during the 4th quarter worth approximately $34,000. Truist Financial Corp purchased a new stake in Unisys in the 4th quarter valued at $86,000. Diversified Trust Co purchased a new stake in Unisys in the 4th quarter valued at $104,000. Nkcfo LLC purchased a new stake in Unisys in the 4th quarter valued at $112,000. Finally, Mackenzie Financial Corp raised its position in Unisys by 365.2% in the 4th quarter. Mackenzie Financial Corp now owns 47,954 shares of the information technology services provider’s stock valued at $270,000 after purchasing an additional 37,646 shares during the last quarter. Hedge funds and other institutional investors own 86.87% of the company’s stock.

Unisys Stock Down 3.5 %

UIS stock opened at $4.47 on Thursday. The company has a fifty day moving average price of $5.19 and a 200 day moving average price of $5.61. Unisys Co. has a 12 month low of $2.60 and a 12 month high of $8.12. The company has a market cap of $309.46 million, a price-to-earnings ratio of -0.76 and a beta of 0.94. The company has a debt-to-equity ratio of 78.55, a current ratio of 1.56 and a quick ratio of 1.53.

Unisys (NYSE:UISGet Free Report) last released its quarterly earnings results on Tuesday, May 7th. The information technology services provider reported $0.04 EPS for the quarter, beating the consensus estimate of ($0.23) by $0.27. Unisys had a negative net margin of 20.37% and a negative return on equity of 17.04%. The firm had revenue of $487.80 million during the quarter, compared to the consensus estimate of $482.90 million. During the same quarter in the prior year, the firm earned $0.49 EPS. Unisys’s revenue for the quarter was down 5.5% on a year-over-year basis. Sell-side analysts expect that Unisys Co. will post -0.28 earnings per share for the current year.

Insider Activity at Unisys

In other Unisys news, Director Roxanne Taylor sold 78,868 shares of the business’s stock in a transaction on Friday, May 17th. The shares were sold at an average price of $5.08, for a total value of $400,649.44. Following the transaction, the director now directly owns 8,009 shares of the company’s stock, valued at approximately $40,685.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 5.50% of the stock is owned by insiders.

Unisys Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Unisys (NYSE:UIS)

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