Dynamic Technology Lab Private Ltd Grows Position in Unisys Co. (NYSE:UIS)

Dynamic Technology Lab Private Ltd raised its position in Unisys Co. (NYSE:UIS) by 95.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,176 shares of the information technology services provider’s stock after purchasing an additional 29,928 shares during the quarter. Dynamic Technology Lab Private Ltd owned 0.09% of Unisys worth $387,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. AlphaQuest LLC purchased a new stake in shares of Unisys during the 4th quarter valued at about $39,000. Virtu Financial LLC purchased a new stake in shares of Unisys during the 3rd quarter valued at about $62,000. Calton & Associates Inc. purchased a new stake in shares of Unisys during the 4th quarter valued at about $63,000. Inceptionr LLC purchased a new stake in shares of Unisys during the 4th quarter valued at about $72,000. Finally, Quadrature Capital Ltd purchased a new stake in shares of Unisys during the 3rd quarter valued at about $77,000. 86.87% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Canaccord Genuity Group dropped their target price on Unisys from $7.00 to $6.50 and set a “hold” rating on the stock in a report on Thursday, February 20th. StockNews.com upgraded Unisys from a “hold” rating to a “buy” rating in a research note on Thursday, February 13th.

Unisys Stock Up 6.2 %

Shares of NYSE UIS opened at $3.94 on Thursday. Unisys Co. has a fifty-two week low of $3.32 and a fifty-two week high of $8.93. The business has a 50 day moving average price of $4.92 and a two-hundred day moving average price of $6.16. The firm has a market cap of $280.01 million, a PE ratio of -1.39, a price-to-earnings-growth ratio of 0.56 and a beta of 1.14.

Unisys (NYSE:UIS) last issued its earnings results on Tuesday, February 18th. The information technology services provider reported $0.33 EPS for the quarter, topping the consensus estimate of $0.30 by $0.03. The company had revenue of $545.40 million during the quarter, compared to analyst estimates of $550.93 million. Unisys had a negative return on equity of 16.84% and a negative net margin of 9.63%. During the same quarter last year, the firm earned $0.51 EPS. On average, analysts anticipate that Unisys Co. will post 0.61 earnings per share for the current 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.