GSA Capital Partners LLP grew its stake in shares of Unisys Co. (NYSE:UIS) by 112.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 117,952 shares of the information technology services provider’s stock after acquiring an additional 62,500 shares during the quarter. GSA Capital Partners LLP owned about 0.23% of Unisys worth $1,003,000 at the end of the most recent quarter.
Other large investors have also recently modified their holdings of the company. Stifel Financial Corp purchased a new stake in shares of Unisys during the 2nd quarter worth about $141,000. Bayesian Capital Management LP purchased a new stake in shares of Unisys during the 2nd quarter worth about $157,000. BNP Paribas Arbitrage SA grew its holdings in shares of Unisys by 117.6% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 19,142 shares of the information technology services provider’s stock worth $245,000 after purchasing an additional 10,345 shares during the period. Thompson Davis & CO. Inc. grew its holdings in shares of Unisys by 4,549.0% during the 2nd quarter. Thompson Davis & CO. Inc. now owns 23,245 shares of the information technology services provider’s stock worth $298,000 after purchasing an additional 22,745 shares during the period. Finally, Schroder Investment Management Group grew its holdings in shares of Unisys by 1.9% during the 2nd quarter. Schroder Investment Management Group now owns 23,936 shares of the information technology services provider’s stock worth $305,000 after purchasing an additional 441 shares during the period.
UIS has been the subject of a number of research reports. ValuEngine upgraded Unisys from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Loop Capital decreased their target price on Unisys from $12.00 to $9.00 and set a “hold” rating for the company in a report on Tuesday, October 31st. Finally, Zacks Investment Research cut Unisys from a “hold” rating to a “strong sell” rating in a report on Friday, December 15th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $12.00.
Unisys Co. (NYSE UIS) opened at $8.30 on Monday. The firm has a market capitalization of $413.88, a P/E ratio of -3.59 and a beta of 1.86. Unisys Co. has a fifty-two week low of $6.90 and a fifty-two week high of $16.03. The company has a debt-to-equity ratio of -0.38, a current ratio of 1.37 and a quick ratio of 1.33.
Unisys (NYSE:UIS) last released its quarterly earnings results on Monday, October 30th. The information technology services provider reported $0.29 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.58) by $0.87. The firm had revenue of $666.30 million during the quarter, compared to analysts’ expectations of $637.10 million. Unisys had a negative return on equity of 5.32% and a negative net margin of 4.30%. Unisys’s quarterly revenue was down 2.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.41 EPS. equities analysts forecast that Unisys Co. will post 1.32 earnings per share for the current year.
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Unisys Company Profile
Unisys Corporation (Unisys) is an information technology (IT) company. The Company operates through two segments: Services and Technology. The Company offers services, which include cloud and infrastructure services, application services and business process outsourcing services. In technology segment, the Company designs and develops software, servers and related products.
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