Two Sigma Advisers LP Lowers Holdings in Unisys Co. (NYSE:UIS)

Two Sigma Advisers LP trimmed its position in Unisys Co. (NYSE:UIS - Free Report) by 8.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 646,700 shares of the information technology services provider's stock after selling 62,200 shares during the quarter. Two Sigma Advisers LP owned about 0.93% of Unisys worth $4,094,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in UIS. SG Americas Securities LLC raised its holdings in shares of Unisys by 17.7% during the 4th quarter. SG Americas Securities LLC now owns 26,899 shares of the information technology services provider's stock worth $170,000 after acquiring an additional 4,045 shares in the last quarter. Calton & Associates Inc. purchased a new stake in Unisys during the fourth quarter valued at $63,000. New York State Common Retirement Fund lifted its position in Unisys by 3.1% during the fourth quarter. New York State Common Retirement Fund now owns 535,564 shares of the information technology services provider's stock valued at $3,390,000 after purchasing an additional 16,321 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new position in Unisys during the fourth quarter valued at $77,000. Finally, Inceptionr LLC bought a new stake in shares of Unisys in the 4th quarter worth about $72,000. 86.87% of the stock is owned by institutional investors.

Analyst Ratings Changes

UIS has been the subject of several recent research reports. Canaccord Genuity Group dropped their price target on Unisys from $7.00 to $6.50 and set a "hold" rating for the company in a research report on Thursday, February 20th. Wall Street Zen downgraded Unisys from a "buy" rating to a "hold" rating in a research report on Monday, May 5th.

Unisys Stock Down 2.0%

UIS traded down $0.10 during trading on Wednesday, reaching $4.82. The company had a trading volume of 385,096 shares, compared to its average volume of 560,673. Unisys Co. has a 52 week low of $3.32 and a 52 week high of $8.93. The business has a 50 day simple moving average of $4.44 and a 200-day simple moving average of $5.73. The stock has a market cap of $342.54 million, a P/E ratio of -1.70, a PEG ratio of 0.56 and a beta of 1.26.

Unisys (NYSE:UIS - Get Free Report) last issued its quarterly 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 firm had revenue of $432.10 million for 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%. As a group, equities research analysts expect that Unisys Co. will post 0.61 EPS for the current fiscal year.

About Unisys

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.