Unisys Co. (NYSE:UIS) Stock Position Lifted by GSA Capital Partners LLP

GSA Capital Partners LLP raised its holdings in Unisys Co. (NYSE:UIS - Free Report) by 67.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 365,589 shares of the information technology services provider's stock after buying an additional 146,899 shares during the quarter. GSA Capital Partners LLP owned about 0.53% of Unisys worth $2,077,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of UIS. Vanguard Group Inc. boosted its holdings in shares of Unisys by 4.8% during the 1st 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 last quarter. Federated Hermes Inc. raised its stake in shares of Unisys by 13.8% in 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 acquiring an additional 162,177 shares during the period. Newport Trust Company LLC boosted its stake in shares of Unisys by 0.5% during the 2nd quarter. Newport Trust Company LLC now owns 1,304,955 shares of the information technology services provider's stock worth $5,389,000 after purchasing an additional 6,894 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of Unisys by 4.8% in the second quarter. Bank of New York Mellon Corp now owns 386,918 shares of the information technology services provider's stock worth $1,598,000 after buying an additional 17,705 shares during the period. Finally, Bank of Montreal Can boosted its holdings in Unisys by 738.6% during 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 acquiring an additional 253,108 shares during the period. Institutional investors own 86.87% of the company's stock.

Unisys Price Performance

Shares of Unisys stock traded up $0.08 during trading hours on Wednesday, reaching $8.16. 860,846 shares of the company's stock were exchanged, compared to its average volume of 601,665. The business has a fifty day moving average of $6.18 and a two-hundred day moving average of $5.19. Unisys Co. has a 1 year low of $3.32 and a 1 year high of $8.49.

Unisys (NYSE:UIS - Get Free Report) last announced its quarterly earnings data 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). The firm had revenue of $497.00 million during the quarter, compared to analysts' expectations of $486.50 million. Unisys had a negative net margin of 19.24% and a negative return on equity of 27.42%. The company's revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.33) EPS. On average, equities analysts anticipate that Unisys Co. will post 0.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

Unisys 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.