Vanguard Group Inc. Raises Stock Holdings in Unisys Corporation $UIS

Vanguard Group Inc. increased its position in Unisys Corporation (NYSE:UIS) by 2.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,287,403 shares of the information technology services provider’s stock after buying an additional 190,939 shares during the quarter. Vanguard Group Inc. owned 10.25% of Unisys worth $33,449,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Virtus Fund Advisers LLC bought a new stake in Unisys in the 4th quarter worth approximately $35,000. Quarry LP lifted its position in Unisys by 985.8% in the 4th quarter. Quarry LP now owns 8,556 shares of the information technology services provider’s stock worth $54,000 after buying an additional 7,768 shares during the last quarter. Pallas Capital Advisors LLC bought a new stake in Unisys in the 1st quarter worth approximately $49,000. Boothbay Fund Management LLC bought a new stake in Unisys in the 4th quarter worth approximately $68,000. Finally, Grant GrossMendelsohn LLC bought a new stake in Unisys in the 1st quarter worth approximately $60,000. Institutional investors own 86.87% of the company’s stock.

Unisys Stock Performance

UIS opened at $3.93 on Thursday. Unisys Corporation has a 52-week low of $3.56 and a 52-week high of $8.93. The stock has a market capitalization of $279.81 million, a PE ratio of -3.33, a price-to-earnings-growth ratio of 0.54 and a beta of 1.31. The stock’s 50 day moving average price is $4.17 and its 200-day moving average price is $4.47.

Unisys (NYSE:UIS) last posted its earnings results on Wednesday, July 30th. The information technology services provider reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.34) by $0.53. Unisys had a negative return on equity of 12.55% and a negative net margin of 4.16%.The firm had revenue of $483.30 million for the quarter, compared to analysts’ expectations of $444.65 million. During the same period in the previous year, the firm earned $0.16 earnings per share. Unisys has set its FY 2025 guidance at EPS. Research analysts forecast that Unisys Corporation will post 0.61 EPS for the current fiscal year.

Wall Street Analyst Weigh In

UIS has been the subject of a number of recent research reports. Wall Street Zen downgraded Unisys from a “buy” rating to a “hold” rating in a research report on Saturday, August 16th. Maxim Group upgraded Unisys from a “hold” rating to a “buy” rating and set a $9.00 target price for the company in a research report on Monday, August 4th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Unisys currently has a consensus rating of “Moderate Buy” and a consensus price target of $7.75.

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.