27,314 Shares in Unisys Corporation (NYSE:UIS) Bought by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Unisys Corporation (NYSE:UIS) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 27,314 shares of the information technology services provider’s stock, valued at approximately $125,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of UIS. Wealth Enhancement Advisory Services LLC bought a new position in Unisys in the first quarter worth about $67,000. Millennium Management LLC boosted its holdings in Unisys by 9.4% in the fourth quarter. Millennium Management LLC now owns 716,541 shares of the information technology services provider’s stock worth $4,536,000 after purchasing an additional 61,766 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in Unisys by 179.6% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 277,583 shares of the information technology services provider’s stock worth $1,757,000 after purchasing an additional 178,295 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Unisys by 7.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,259,543 shares of the information technology services provider’s stock worth $7,974,000 after acquiring an additional 88,506 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in shares of Unisys by 5.4% during the 4th quarter. Invesco Ltd. now owns 364,130 shares of the information technology services provider’s stock worth $2,305,000 after acquiring an additional 18,816 shares during the last quarter. 86.87% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

UIS has been the topic of several recent analyst reports. Maxim Group upgraded shares of Unisys from a “hold” rating to a “buy” rating and set a $9.00 price objective on the stock in a research report on Monday. Wall Street Zen raised shares of Unisys from a “hold” rating to a “buy” rating in a research note on Saturday.

Unisys Stock Performance

NYSE:UIS opened at $4.05 on Wednesday. Unisys Corporation has a one year low of $3.32 and a one year high of $8.93. The firm has a market cap of $288.37 million, a P/E ratio of -3.43, a P/E/G ratio of 0.46 and a beta of 1.31. The firm has a 50-day simple moving average of $4.40 and a 200-day simple moving average of $4.77.

Unisys (NYSE:UIS) last posted its quarterly earnings data on Wednesday, July 30th. The information technology services provider reported $0.19 EPS for the quarter, topping the consensus estimate of ($0.34) by $0.53. Unisys had a negative net margin of 4.16% and a negative return on equity of 12.55%. The firm had revenue of $483.30 million during the quarter, compared to analyst estimates of $444.65 million. During the same quarter in the previous year, the business posted $0.16 EPS. On average, research analysts predict that Unisys Corporation will post 0.61 EPS for the current fiscal 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.