Cubist Systematic Strategies LLC Has $1.60 Million Holdings in Unisys Co. (NYSE:UIS)

Cubist Systematic Strategies LLC lifted its position in shares of Unisys Co. (NYSE:UIS - Free Report) by 680.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 252,803 shares of the information technology services provider's stock after buying an additional 220,404 shares during the quarter. Cubist Systematic Strategies LLC owned about 0.36% of Unisys worth $1,600,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of UIS. Susquehanna Fundamental Investments LLC acquired a new position in shares of Unisys during the fourth quarter valued at about $1,260,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of Unisys by 179.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 277,583 shares of the information technology services provider's stock valued at $1,757,000 after buying an additional 178,295 shares during the last quarter. Trexquant Investment LP acquired a new position in shares of Unisys during the fourth quarter valued at about $1,122,000. Vanguard Group Inc. grew its holdings in shares of Unisys by 2.3% during the fourth quarter. Vanguard Group Inc. now owns 7,096,464 shares of the information technology services provider's stock valued at $44,921,000 after buying an additional 157,919 shares during the last quarter. Finally, Inspire Investing LLC acquired a new position in shares of Unisys during the fourth quarter valued at about $769,000. 86.87% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently weighed in on UIS shares. Canaccord Genuity Group dropped their price target on shares of Unisys from $7.00 to $6.50 and set a "hold" rating on the stock in a research report on Thursday, February 20th. StockNews.com lowered shares of Unisys from a "buy" rating to a "hold" rating in a research report on Monday, May 5th.

Unisys Stock Up 7.0%

NYSE UIS opened at $5.19 on Tuesday. The company's 50 day moving average is $4.20 and its 200-day moving average is $5.87. Unisys Co. has a 12-month low of $3.32 and a 12-month high of $8.93. The firm has a market cap of $368.91 million, a P/E ratio of -1.83, a price-to-earnings-growth ratio of 0.56 and a beta of 1.26.

Unisys (NYSE:UIS - Get Free Report) last posted its earnings results on Wednesday, April 30th. The information technology services provider reported ($0.05) earnings per share for the quarter, topping analysts' consensus estimates of ($0.24) by $0.19. The business had revenue of $432.10 million for the quarter, compared to analyst estimates of $441.20 million. Unisys had a negative net margin of 9.63% and a negative return on equity of 16.84%. Equities analysts expect that Unisys Co. will post 0.61 EPS for the current 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.

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