21,161 Shares in Unisys Corporation (NYSE:UIS) Acquired by First Quadrant L P CA

First Quadrant L P CA purchased a new position in Unisys Corporation (NYSE:UIS) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 21,161 shares of the information technology services provider’s stock, valued at approximately $271,000.

Other large investors have also modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in shares of Unisys Corporation by 36.8% in the first quarter. JPMorgan Chase & Co. now owns 4,753,446 shares of the information technology services provider’s stock worth $66,310,000 after buying an additional 1,279,885 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Unisys Corporation by 27.9% in the first quarter. Vanguard Group Inc. now owns 5,657,020 shares of the information technology services provider’s stock worth $78,915,000 after buying an additional 1,234,289 shares in the last quarter. Kennedy Capital Management Inc. boosted its stake in shares of Unisys Corporation by 302.0% in the first quarter. Kennedy Capital Management Inc. now owns 696,729 shares of the information technology services provider’s stock worth $9,719,000 after buying an additional 523,430 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of Unisys Corporation by 556.7% in the first quarter. Wells Fargo & Company MN now owns 383,972 shares of the information technology services provider’s stock worth $5,357,000 after buying an additional 325,498 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Unisys Corporation by 112.1% in the first quarter. Bank of America Corp DE now owns 566,798 shares of the information technology services provider’s stock worth $7,907,000 after buying an additional 299,522 shares in the last quarter.

Unisys Corporation (NYSE UIS) traded up 2.63% during midday trading on Friday, reaching $8.21. 669,326 shares of the company’s stock were exchanged. Unisys Corporation has a 52 week low of $7.95 and a 52 week high of $16.70. The firm has a 50-day moving average price of $11.91 and a 200 day moving average price of $12.65. The company’s market cap is $414.35 million.

Unisys Corporation (NYSE:UIS) last posted its quarterly earnings data on Tuesday, August 1st. The information technology services provider reported $0.03 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.37 by $0.34. The business had revenue of $666.20 million during the quarter, compared to the consensus estimate of $674.55 million. Unisys Corporation had a negative net margin of 3.81% and a negative return on equity of 5.94%. The business’s revenue for the quarter was down 11.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.81 EPS. Analysts anticipate that Unisys Corporation will post ($1.94) EPS for the current year.

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A number of equities research analysts recently issued reports on UIS shares. Zacks Investment Research cut shares of Unisys Corporation from a “hold” rating to a “strong sell” rating in a report on Friday, August 4th. ValuEngine cut shares of Unisys Corporation from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 2nd. BidaskClub cut shares of Unisys Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. Finally, SunTrust Banks, Inc. set a $15.00 price objective on shares of Unisys Corporation and gave the stock a “buy” rating in a report on Wednesday, August 2nd. Two research analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $13.67.

In other news, Director Alison Davis sold 10,639 shares of the business’s stock in a transaction that occurred on Friday, June 2nd. The shares were sold at an average price of $12.35, for a total value of $131,391.65. Following the completion of the transaction, the director now directly owns 44,393 shares in the company, valued at approximately $548,253.55. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.40% of the stock is currently owned by insiders.

Unisys Corporation 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.

Institutional Ownership by Quarter for Unisys Corporation (NYSE:UIS)

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