Unisys Co. (NYSE:UIS) Shares Acquired by Northern Trust Corp

Northern Trust Corp grew its holdings in Unisys Co. (NYSE:UIS) by 2.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 577,941 shares of the information technology services provider’s stock after purchasing an additional 15,476 shares during the quarter. Northern Trust Corp owned approximately 0.83% of Unisys worth $3,658,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of UIS. Hsbc Holdings PLC lifted its stake in shares of Unisys by 13.0% during the fourth quarter. Hsbc Holdings PLC now owns 34,241 shares of the information technology services provider’s stock valued at $218,000 after buying an additional 3,937 shares during the period. SG Americas Securities LLC lifted its stake in shares of Unisys by 17.7% during the fourth quarter. SG Americas Securities LLC now owns 26,899 shares of the information technology services provider’s stock valued at $170,000 after buying an additional 4,045 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of Unisys by 14.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 32,254 shares of the information technology services provider’s stock valued at $204,000 after buying an additional 4,143 shares during the period. Wells Fargo & Company MN lifted its stake in shares of Unisys by 9.4% during the fourth quarter. Wells Fargo & Company MN now owns 58,139 shares of the information technology services provider’s stock valued at $368,000 after buying an additional 5,019 shares during the period. Finally, LPL Financial LLC lifted its stake in shares of Unisys by 3.2% during the fourth quarter. LPL Financial LLC now owns 160,384 shares of the information technology services provider’s stock valued at $1,015,000 after buying an additional 5,033 shares during the period. 86.87% of the stock is currently owned by institutional investors and hedge funds.

Unisys Stock Performance

Shares of UIS opened at $4.86 on Friday. The company has a market capitalization of $345.39 million, a price-to-earnings ratio of -1.72, a PEG ratio of 0.56 and a beta of 1.26. The company’s 50 day simple moving average is $4.40 and its 200 day simple moving average is $5.81. Unisys Co. has a 1 year low of $3.32 and a 1 year high of $8.93.

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

Analyst Ratings Changes

Several brokerages recently issued reports on UIS. Wall Street Zen downgraded shares of Unisys from a “buy” rating to a “hold” rating in a research note on Monday, May 5th. Canaccord Genuity Group reduced their price objective on shares of Unisys from $7.00 to $6.50 and set a “hold” rating on the stock in a research note on Thursday, February 20th.

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.