Unisys Co. (NYSE:UIS) Stock Holdings Lessened by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. trimmed its holdings in shares of Unisys Co. (NYSE:UIS - Free Report) by 18.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,411,376 shares of the information technology services provider's stock after selling 309,336 shares during the period. Charles Schwab Investment Management Inc. owned 2.03% of Unisys worth $8,017,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Intech Investment Management LLC purchased a new stake in shares of Unisys in the third quarter worth about $80,000. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Unisys by 143.8% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 87,052 shares of the information technology services provider's stock worth $494,000 after acquiring an additional 51,339 shares during the period. Banque Cantonale Vaudoise purchased a new position in Unisys in the 3rd quarter worth approximately $296,000. GSA Capital Partners LLP boosted its stake in shares of Unisys by 67.2% in the third quarter. GSA Capital Partners LLP now owns 365,589 shares of the information technology services provider's stock valued at $2,077,000 after purchasing an additional 146,899 shares during the period. Finally, Hennion & Walsh Asset Management Inc. boosted its stake in shares of Unisys by 62.6% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 46,084 shares of the information technology services provider's stock valued at $262,000 after purchasing an additional 17,744 shares during the period. Hedge funds and other institutional investors own 86.87% of the company's stock.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Unisys from a "hold" rating to a "buy" rating in a research note on Monday.

Unisys Trading Up 1.1 %

NYSE:UIS traded up $0.08 on Wednesday, reaching $7.08. The stock had a trading volume of 543,767 shares, compared to its average volume of 604,277. The stock has a market cap of $491.07 million, a P/E ratio of -1.24, a price-to-earnings-growth ratio of 1.51 and a beta of 0.75. Unisys Co. has a 12-month low of $3.32 and a 12-month high of $8.93. The company has a 50-day moving average of $7.11 and a 200 day moving average of $5.59.

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