Unisys Co. (NYSE:UIS) Shares Acquired by Sei Investments Co.

Sei Investments Co. raised its position in shares of Unisys Co. (NYSE:UIS) by 91.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 78,827 shares of the information technology services provider’s stock after purchasing an additional 37,692 shares during the period. Sei Investments Co. owned 0.11% of Unisys worth $499,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. 272 Capital LP acquired a new position in shares of Unisys during the 3rd quarter valued at $1,832,000. State Street Corp grew its holdings in Unisys by 13.2% during the third quarter. State Street Corp now owns 1,612,970 shares of the information technology services provider’s stock worth $9,162,000 after acquiring an additional 188,630 shares during the period. Inspire Investing LLC bought a new stake in Unisys in the fourth quarter worth about $769,000. Barclays PLC lifted its holdings in Unisys by 127.6% in the 3rd quarter. Barclays PLC now owns 126,819 shares of the information technology services provider’s stock valued at $722,000 after acquiring an additional 71,093 shares during the last quarter. Finally, Summit Global Investments bought a new position in shares of Unisys during the 4th quarter valued at about $407,000. Institutional investors own 86.87% of the company’s stock.

Unisys Stock Performance

Shares of UIS stock opened at $3.94 on Thursday. Unisys Co. has a twelve month low of $3.32 and a twelve month high of $8.93. The stock’s 50 day simple moving average is $4.92 and its 200 day simple moving average is $6.16. The company has a market capitalization of $280.01 million, a price-to-earnings ratio of -1.39, a PEG ratio of 0.56 and a beta of 1.14.

Unisys (NYSE:UIS) last announced its earnings results on Tuesday, February 18th. The information technology services provider reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. The business had revenue of $545.40 million for the quarter, compared to analyst estimates of $550.93 million. Unisys had a negative net margin of 9.63% and a negative return on equity of 16.84%. During the same quarter in the previous year, the firm posted $0.51 earnings per share. On average, analysts forecast that Unisys Co. will post 0.61 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on UIS shares. StockNews.com raised shares of Unisys from a “hold” rating to a “buy” rating in a research note on Thursday, February 13th. Canaccord Genuity Group decreased their target price on Unisys from $7.00 to $6.50 and set a “hold” rating for the company in a research report on Thursday, February 20th.

About Unisys

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.