Unisys Co. (NYSE:UIS) Shares Purchased by Geode Capital Management LLC

Geode Capital Management LLC grew its position in shares of Unisys Co. (NYSE:UIS) by 0.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,556,325 shares of the information technology services provider’s stock after purchasing an additional 6,672 shares during the period. Geode Capital Management LLC owned approximately 2.24% of Unisys worth $9,854,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. AlphaQuest LLC acquired a new stake in Unisys during the 4th quarter worth approximately $39,000. Virtu Financial LLC purchased a new stake in shares of Unisys during the third quarter worth $62,000. Calton & Associates Inc. acquired a new stake in shares of Unisys in the fourth quarter valued at $63,000. Inceptionr LLC purchased a new position in Unisys in the fourth quarter valued at $72,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in Unisys during the 4th quarter worth $77,000. 86.87% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

UIS has been the topic of a number of recent research reports. StockNews.com upgraded shares of Unisys from a “hold” rating to a “buy” rating in a research note on Thursday, February 13th. Canaccord Genuity Group dropped their price objective on shares of Unisys from $7.00 to $6.50 and set a “hold” rating on the stock in a research report on Thursday, February 20th.

Unisys Stock Performance

Unisys stock opened at $4.07 on Thursday. The stock has a 50-day simple moving average of $4.32 and a 200-day simple moving average of $6.03. The company has a market capitalization of $288.89 million, a P/E ratio of -1.44, a PEG ratio of 0.56 and a beta of 1.14. Unisys Co. has a fifty-two week low of $3.32 and a fifty-two week high of $8.93.

Unisys (NYSE:UIS) last released its quarterly earnings results on Tuesday, February 18th. The information technology services provider reported $0.33 EPS for the quarter, beating the consensus estimate of $0.30 by $0.03. The firm had revenue of $545.40 million during the quarter, compared to the consensus estimate 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 prior year, the firm earned $0.51 EPS. As a group, analysts forecast that Unisys Co. will post 0.61 earnings per share for the current 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.