Unisys Co. (NYSE:UIS) Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC reduced its position in Unisys Co. (NYSE:UIS - Free Report) by 22.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 745,400 shares of the information technology services provider's stock after selling 221,533 shares during the quarter. Renaissance Technologies LLC owned about 1.08% of Unisys worth $3,079,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of UIS. Vanguard Group Inc. lifted its position in Unisys by 4.8% during the first quarter. Vanguard Group Inc. now owns 6,532,851 shares of the information technology services provider's stock valued at $32,076,000 after purchasing an additional 300,941 shares during the period. Hennessy Advisors Inc. acquired a new position in Unisys during the first quarter valued at $97,000. Federated Hermes Inc. lifted its position in Unisys by 13.8% during the second quarter. Federated Hermes Inc. now owns 1,334,155 shares of the information technology services provider's stock valued at $5,510,000 after purchasing an additional 162,177 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new position in Unisys during the first quarter valued at $133,000. Finally, GSA Capital Partners LLP lifted its position in Unisys by 64.0% during the first quarter. GSA Capital Partners LLP now owns 203,615 shares of the information technology services provider's stock valued at $1,000,000 after purchasing an additional 79,457 shares during the period. 86.87% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Unisys from a "buy" rating to a "hold" rating in a research report on Tuesday, August 27th.

Unisys Trading Down 2.3 %

Shares of Unisys stock traded down $0.13 during trading hours on Tuesday, reaching $5.55. The stock had a trading volume of 327,107 shares, compared to its average volume of 570,603. The stock's 50 day moving average is $5.12 and its 200 day moving average is $4.92. The firm has a market capitalization of $384.22 million, a PE ratio of -0.94, a PEG ratio of 1.57 and a beta of 0.78. Unisys Co. has a twelve month low of $2.60 and a twelve month high of $8.12.

Unisys (NYSE:UIS - Get Free Report) last issued its quarterly earnings data on Monday, August 5th. The information technology services provider reported $0.16 earnings per share for the quarter, topping analysts' consensus estimates of ($0.01) by $0.17. The business had revenue of $478.20 million during the quarter, compared to the consensus estimate of $485.93 million. Unisys had a negative net margin of 18.95% and a negative return on equity of 24.50%. The company's revenue was up .3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.09) earnings per share. As a group, sell-side analysts predict that Unisys Co. will post 0.24 earnings per share 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.