Wells Fargo & Company MN Has $368,000 Stock Position in Unisys Co. (NYSE:UIS)

Wells Fargo & Company MN lifted its holdings in Unisys Co. (NYSE:UIS) by 9.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 58,139 shares of the information technology services provider’s stock after purchasing an additional 5,019 shares during the period. Wells Fargo & Company MN owned 0.08% of Unisys worth $368,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. AlphaQuest LLC bought a new stake in shares of Unisys during the 4th quarter worth about $39,000. Virtu Financial LLC acquired a new stake in Unisys in the 3rd quarter worth approximately $62,000. Calton & Associates Inc. bought a new stake in Unisys during the fourth quarter worth approximately $63,000. Inceptionr LLC acquired a new position in Unisys during the fourth quarter valued at approximately $72,000. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Unisys in the fourth quarter valued at approximately $77,000. 86.87% of the stock is currently owned by institutional investors.

Unisys Stock Up 7.5 %

Shares of NYSE UIS opened at $4.87 on Tuesday. Unisys Co. has a 12 month low of $3.32 and a 12 month high of $8.93. The company has a market cap of $346.10 million, a P/E ratio of -1.72, a P/E/G ratio of 0.56 and a beta of 1.14. The business’s 50 day moving average is $4.14 and its two-hundred day moving average is $5.90.

Unisys (NYSE:UIS) last announced its earnings results on Wednesday, April 30th. The information technology services provider reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.19. Unisys had a negative net margin of 9.63% and a negative return on equity of 16.84%. The business had revenue of $432.10 million for the quarter, compared to analyst estimates of $441.20 million. Sell-side analysts expect that Unisys Co. will post 0.61 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Canaccord Genuity Group decreased their price objective on shares of Unisys from $7.00 to $6.50 and set a “hold” rating for the company in a report on Thursday, February 20th. StockNews.com cut shares of Unisys from a “buy” rating to a “hold” rating in a report on Monday.

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.