Jump Financial LLC Buys New Holdings in Unisys Co. (NYSE:UIS)

Jump Financial LLC acquired a new stake in Unisys Co. (NYSE:UIS) in the fourth quarter, Holdings Channel.com reports. The firm acquired 72,326 shares of the information technology services provider’s stock, valued at approximately $458,000.

Several other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Unisys by 2.3% during the 4th quarter. Vanguard Group Inc. now owns 7,096,464 shares of the information technology services provider’s stock worth $44,921,000 after purchasing an additional 157,919 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Unisys by 1.7% in the third quarter. JPMorgan Chase & Co. now owns 2,326,509 shares of the information technology services provider’s stock worth $13,215,000 after buying an additional 38,572 shares in the last quarter. State Street Corp boosted its position in Unisys by 13.2% during the third quarter. State Street Corp now owns 1,612,970 shares of the information technology services provider’s stock worth $9,162,000 after acquiring an additional 188,630 shares during the last quarter. Geode Capital Management LLC boosted its position in Unisys by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 1,556,325 shares of the information technology services provider’s stock worth $9,854,000 after acquiring an additional 6,672 shares during the last quarter. Finally, Renaissance Technologies LLC raised its holdings in Unisys by 3.9% in the 4th quarter. Renaissance Technologies LLC now owns 805,800 shares of the information technology services provider’s stock valued at $5,101,000 after acquiring an additional 30,400 shares during the last quarter. 86.87% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently weighed in on UIS. Canaccord Genuity Group lowered 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 raised Unisys from a “hold” rating to a “buy” rating in a research note on Thursday, February 13th.

Unisys Trading Down 0.1 %

Unisys stock opened at $4.07 on Friday. The stock has a market cap of $288.89 million, a P/E ratio of -1.44, a PEG ratio of 0.56 and a beta of 1.14. The company has a 50-day moving average price of $4.26 and a 200 day moving average price of $6.02. Unisys Co. has a 12-month low of $3.32 and a 12-month high of $8.93.

Unisys (NYSE:UIS) last released its quarterly earnings data on Tuesday, February 18th. The information technology services provider reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.03. The firm had revenue of $545.40 million for the quarter, compared to analysts’ expectations 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 period in the prior year, the firm posted $0.51 earnings per share. As a group, analysts forecast that Unisys Co. will post 0.61 EPS for the current year.

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.