Man Group plc increased its position in shares of Unisys Co. (NYSE:UIS - Free Report) by 78.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 152,275 shares of the information technology services provider's stock after purchasing an additional 67,154 shares during the quarter. Man Group plc owned 0.22% of Unisys worth $964,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. AlphaQuest LLC acquired a new stake in shares of Unisys during the fourth quarter worth about $39,000. Quarry LP lifted its holdings in Unisys by 985.8% in the fourth quarter. Quarry LP now owns 8,556 shares of the information technology services provider's stock valued at $54,000 after acquiring an additional 7,768 shares during the period. Calton & Associates Inc. acquired a new position in Unisys in the fourth quarter valued at approximately $63,000. Boothbay Fund Management LLC acquired a new position in Unisys in the fourth quarter valued at approximately $68,000. Finally, Inceptionr LLC acquired a new position in Unisys in the fourth quarter valued at approximately $72,000. Institutional investors and hedge funds own 86.87% of the company's stock.
Unisys Stock Up 3.0%
Shares of UIS stock traded up $0.15 during trading hours on Thursday, hitting $4.97. 141,597 shares of the company's stock were exchanged, compared to its average volume of 558,740. The firm has a market cap of $352.85 million, a P/E ratio of -1.75, a P/E/G ratio of 0.56 and a beta of 1.26. The firm has a 50 day moving average of $4.45 and a two-hundred day moving average of $5.72. Unisys Co. has a fifty-two week low of $3.32 and a fifty-two week high of $8.93.
Unisys (NYSE:UIS - Get Free Report) last announced its earnings results on Wednesday, April 30th. The information technology services provider reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.24) by $0.19. The business had revenue of $432.10 million during the quarter, compared to the consensus estimate of $441.20 million. Unisys had a negative return on equity of 16.84% and a negative net margin of 9.63%. On average, equities analysts forecast that Unisys Co. will post 0.61 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of brokerages have issued reports on UIS. Wall Street Zen downgraded Unisys from a "buy" rating to a "hold" rating in a report on Monday, May 5th. Canaccord Genuity Group decreased their price target on Unisys from $7.00 to $6.50 and set a "hold" rating for the company in a report on Thursday, February 20th.
Get Our Latest Analysis on UIS
Unisys Profile
(
Free Report)
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.
Recommended Stories
Before you consider Unisys, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Unisys wasn't on the list.
While Unisys currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
