EAM Investors LLC Takes Position in Unisys Co. (NYSE:UIS)

EAM Investors LLC acquired a new position in shares of Unisys Co. (NYSE:UIS - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 120,709 shares of the information technology services provider's stock, valued at approximately $764,000. EAM Investors LLC owned approximately 0.17% of Unisys at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. AlphaQuest LLC purchased a new stake in shares of Unisys during the 4th quarter worth approximately $39,000. Virtu Financial LLC acquired a new stake in Unisys in the 3rd quarter valued at about $62,000. Calton & Associates Inc. purchased a new position in Unisys during the 4th quarter valued at about $63,000. Inceptionr LLC acquired a new position in Unisys during the fourth quarter worth about $72,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in shares of Unisys in the fourth quarter valued at about $77,000. 86.87% of the stock is currently owned by institutional investors and hedge funds.

Unisys Price Performance

NYSE:UIS opened at $3.88 on Thursday. Unisys Co. has a 1-year low of $3.32 and a 1-year high of $8.93. The firm has a 50 day simple moving average of $4.61 and a 200-day simple moving average of $6.09. The firm has a market cap of $275.74 million, a PE ratio of -1.37, a P/E/G ratio of 0.56 and a beta of 1.14.

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 the consensus estimate of $0.30 by $0.03. Unisys had a negative return on equity of 16.84% and a negative net margin of 9.63%. The company had revenue of $545.40 million during the quarter, compared to the consensus estimate of $550.93 million. During the same period in the previous year, the firm posted $0.51 EPS. As a group, sell-side analysts expect that Unisys Co. will post 0.61 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

UIS has been the subject of several research reports. StockNews.com upgraded Unisys from a "hold" rating to a "buy" rating in a research report on Thursday, February 13th. Canaccord Genuity Group decreased their price objective on Unisys from $7.00 to $6.50 and set a "hold" rating on the stock in a research note on Thursday, February 20th.

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.

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