StockNews.com upgraded shares of Unisys (NYSE:UIS - Free Report) from a hold rating to a buy rating in a research report sent to investors on Thursday.
Unisys Price Performance
Shares of Unisys stock traded down $0.19 during trading on Thursday, hitting $6.72. 189,234 shares of the company's stock traded hands, compared to its average volume of 327,826. The firm's fifty day moving average price is $6.69 and its 200 day moving average price is $6.36. Unisys has a twelve month low of $3.32 and a twelve month high of $8.93. The company has a market cap of $466.10 million, a PE ratio of -1.19, a PEG ratio of 0.78 and a beta of 0.78.
Institutional Trading of Unisys
Several institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. boosted its position in shares of Unisys by 2.3% during the 4th quarter. Vanguard Group Inc. now owns 7,096,464 shares of the information technology services provider's stock valued at $44,921,000 after acquiring an additional 157,919 shares in the last quarter. Needham Investment Management LLC lifted its holdings in Unisys by 7.9% during the 3rd quarter. Needham Investment Management LLC now owns 5,250,000 shares of the information technology services provider's stock valued at $29,820,000 after purchasing an additional 385,000 shares during the last quarter. 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 valued at $13,215,000 after purchasing an additional 38,572 shares during the last quarter. State Street Corp lifted its holdings in Unisys by 13.2% during the 3rd quarter. State Street Corp now owns 1,612,970 shares of the information technology services provider's stock valued at $9,162,000 after purchasing an additional 188,630 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Unisys by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 1,556,325 shares of the information technology services provider's stock valued at $9,854,000 after purchasing an additional 6,672 shares during the last quarter. 86.87% of the stock is currently owned by institutional investors and hedge funds.
About Unisys
(
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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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