First Quadrant L P CA Takes Position in Unisys Corporation (NYSE:UIS)

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

A number of other institutional investors have also added to or reduced their stakes in UIS. Adams Asset Advisors LLC boosted its position in Unisys Corporation by 13.4% in the second quarter. Adams Asset Advisors LLC now owns 72,593 shares of the information technology services provider’s stock worth $929,000 after buying an additional 8,583 shares during the last quarter. Bank of Montreal Can boosted its position in Unisys Corporation by 22.7% in the second quarter. Bank of Montreal Can now owns 135,000 shares of the information technology services provider’s stock worth $1,728,000 after buying an additional 25,000 shares during the last quarter. FNY Partners Fund LP acquired a new position in Unisys Corporation during the first quarter worth $174,000. Tudor Investment Corp ET AL boosted its position in Unisys Corporation by 20.9% in the first quarter. Tudor Investment Corp ET AL now owns 41,618 shares of the information technology services provider’s stock worth $581,000 after buying an additional 7,185 shares during the last quarter. Finally, Saba Capital Management L.P. boosted its position in Unisys Corporation by 2.5% in the first quarter. Saba Capital Management L.P. now owns 81,644 shares of the information technology services provider’s stock worth $1,139,000 after buying an additional 2,007 shares during the last quarter.

Shares of Unisys Corporation (UIS) opened at 7.15 on Friday. Unisys Corporation has a 1-year low of $7.10 and a 1-year high of $16.70. The stock’s market capitalization is $360.85 million. The firm’s 50-day moving average price is $11.20 and its 200 day moving average price is $12.47.

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

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A number of research firms recently weighed in on UIS. BidaskClub cut Unisys Corporation from a “sell” rating to a “strong sell” rating in a report on Friday, August 11th. Zacks Investment Research lowered Unisys Corporation from a “hold” rating to a “strong sell” rating in a research note on Friday, August 4th. ValuEngine lowered Unisys Corporation from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 2nd. Finally, SunTrust Banks, Inc. set a $15.00 price objective on Unisys Corporation and gave the stock a “buy” rating in a research note on Wednesday, August 2nd. Two analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $13.67.

In other Unisys Corporation news, Director Alison Davis sold 10,639 shares of Unisys Corporation 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 sale, the director now directly owns 44,393 shares of the company’s stock, valued at approximately $548,253.55. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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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