Unisys Co. (NYSE:UIS) Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. lessened its position in shares of Unisys Co. (NYSE:UIS - Free Report) by 9.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 356,999 shares of the information technology services provider's stock after selling 38,230 shares during the quarter. Assenagon Asset Management S.A. owned about 0.51% of Unisys worth $2,260,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. GSA Capital Partners LLP lifted its stake in Unisys by 67.2% during the 3rd quarter. GSA Capital Partners LLP now owns 365,589 shares of the information technology services provider's stock worth $2,077,000 after acquiring an additional 146,899 shares in the last quarter. Zacks Investment Management acquired a new position in shares of Unisys in the third quarter valued at approximately $860,000. JPMorgan Chase & Co. lifted its holdings in Unisys by 1.7% during the 3rd 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. Bank of Montreal Can boosted its position in Unisys by 738.6% in the 2nd quarter. Bank of Montreal Can now owns 287,376 shares of the information technology services provider's stock valued at $1,187,000 after buying an additional 253,108 shares during the period. Finally, Geode Capital Management LLC boosted its position in Unisys by 0.7% in the 3rd quarter. Geode Capital Management LLC now owns 1,549,653 shares of the information technology services provider's stock valued at $8,804,000 after buying an additional 10,277 shares during the period. 86.87% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Unisys from a "buy" rating to a "hold" rating in a research note on Monday, January 13th.

Unisys Stock Performance

Shares of UIS traded down $0.06 during midday trading on Thursday, hitting $6.67. The company had a trading volume of 233,462 shares, compared to its average volume of 365,526. Unisys Co. has a 1 year low of $3.32 and a 1 year high of $8.93. The firm has a market capitalization of $462.28 million, a P/E ratio of -1.18, a P/E/G ratio of 0.75 and a beta of 0.79. The company's 50-day simple moving average is $7.08 and its 200-day simple moving average is $6.10.

Unisys (NYSE:UIS - Get Free Report) last issued its quarterly earnings results on Tuesday, October 29th. The information technology services provider reported ($0.08) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.13 by ($0.21). Unisys had a negative return on equity of 27.42% and a negative net margin of 19.24%. The firm had revenue of $497.00 million during the quarter, compared to analysts' expectations of $486.50 million. During the same quarter in the prior year, the firm earned ($0.33) EPS. The firm's revenue was up 7.0% compared to the same quarter last year. Equities analysts predict that Unisys Co. will post 0.31 earnings per share for the current fiscal 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.