Trexquant Investment LP Takes $1.12 Million Position in Unisys Co. (NYSE:UIS)

Trexquant Investment LP purchased a new position in shares of Unisys Co. (NYSE:UIS - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 177,194 shares of the information technology services provider's stock, valued at approximately $1,122,000. Trexquant Investment LP owned about 0.26% of Unisys as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Geode Capital Management LLC increased 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 buying an additional 6,672 shares during the last quarter. Franklin Resources Inc. increased its holdings in shares of Unisys by 7.1% during the 4th quarter. Franklin Resources Inc. now owns 203,690 shares of the information technology services provider's stock valued at $1,289,000 after acquiring an additional 13,513 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Unisys by 179.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 277,583 shares of the information technology services provider's stock valued at $1,757,000 after acquiring an additional 178,295 shares in the last quarter. Level Four Advisory Services LLC acquired a new stake in Unisys in the 4th quarter worth approximately $117,000. Finally, EntryPoint Capital LLC bought a new stake in Unisys during the fourth quarter worth approximately $319,000. Institutional investors own 86.87% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. StockNews.com raised shares of Unisys from a "hold" rating to a "buy" rating in a research report on Thursday, February 13th. Canaccord Genuity Group cut their target price on shares of Unisys from $7.00 to $6.50 and set a "hold" rating for the company in a research report on Thursday, February 20th.

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Unisys Trading Up 0.8 %

NYSE:UIS traded up $0.03 during mid-day trading on Tuesday, hitting $3.93. 120,902 shares of the company's stock traded hands, compared to its average volume of 543,864. The firm has a market capitalization of $279.30 million, a price-to-earnings ratio of -1.39, a price-to-earnings-growth ratio of 0.56 and a beta of 1.14. The firm has a 50 day moving average of $4.74 and a two-hundred day moving average of $6.12. Unisys Co. has a 12 month low of $3.32 and a 12 month high of $8.93.

Unisys (NYSE:UIS - Get Free Report) last issued its quarterly earnings results on Tuesday, February 18th. The information technology services provider reported $0.33 earnings per share for the quarter, beating analysts' consensus estimates of $0.30 by $0.03. The firm had revenue of $545.40 million during the quarter, compared to the consensus estimate of $550.93 million. Unisys had a negative net margin of 9.63% and a negative return on equity of 16.84%. During the same period in the prior year, the firm earned $0.51 EPS. As a group, equities research analysts expect that Unisys Co. will post 0.61 earnings per share for the current year.

About Unisys

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.