Unisys Co. (NYSE:UIS) Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. raised its stake in shares of Unisys Co. (NYSE:UIS - Free Report) by 2.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 7,096,464 shares of the information technology services provider's stock after buying an additional 157,919 shares during the period. Vanguard Group Inc. owned about 10.23% of Unisys worth $44,921,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Verition Fund Management LLC increased its stake in shares of Unisys by 73.8% in the 3rd quarter. Verition Fund Management LLC now owns 22,718 shares of the information technology services provider's stock valued at $129,000 after purchasing an additional 9,645 shares in the last quarter. State Street Corp increased its holdings in shares of Unisys by 13.2% in the third 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. Jane Street Group LLC raised its stake in Unisys by 35.1% during the third quarter. Jane Street Group LLC now owns 137,966 shares of the information technology services provider's stock worth $784,000 after purchasing an additional 35,853 shares during the period. XTX Topco Ltd grew its holdings in shares of Unisys by 212.7% during the 3rd quarter. XTX Topco Ltd now owns 67,436 shares of the information technology services provider's stock worth $383,000 after purchasing an additional 45,869 shares during the period. Finally, Barclays PLC increased its holdings in Unisys by 127.6% in the 3rd quarter. Barclays PLC now owns 126,819 shares of the information technology services provider's stock valued at $722,000 after purchasing an additional 71,093 shares during the last quarter. Hedge funds and other institutional investors own 86.87% of the company's stock.

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Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. StockNews.com upgraded shares of Unisys from a "hold" rating to a "buy" rating in a report on Thursday, February 13th. Canaccord Genuity Group cut their price target on shares of Unisys from $7.00 to $6.50 and set a "hold" rating on the stock in a research note on Thursday, February 20th.

Unisys Trading Up 1.2 %

Shares of NYSE:UIS traded up $0.05 during trading on Tuesday, hitting $3.95. 357,450 shares of the stock were exchanged, compared to its average volume of 544,737. The company has a fifty day moving average price of $4.74 and a two-hundred day moving average price of $6.12. The company has a market cap of $280.36 million, a PE ratio of -1.39, a P/E/G ratio of 0.56 and a beta of 1.14. Unisys Co. has a 12-month low of $3.32 and a 12-month high of $8.93.

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. Equities research analysts anticipate that Unisys Co. will post 0.61 earnings per share for the current fiscal year.

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.