Two Sigma Investments LP Boosts Stock Position in Unisys Co. (NYSE:UIS)

Two Sigma Investments LP boosted its stake in Unisys Co. (NYSE:UIS - Free Report) by 23.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 632,324 shares of the information technology services provider's stock after purchasing an additional 118,255 shares during the period. Two Sigma Investments LP owned about 0.91% of Unisys worth $4,003,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UIS. SG Americas Securities LLC boosted its position in shares of Unisys by 17.7% during the fourth quarter. SG Americas Securities LLC now owns 26,899 shares of the information technology services provider's stock worth $170,000 after buying an additional 4,045 shares during the period. Calton & Associates Inc. acquired a new position in Unisys during the 4th quarter worth about $63,000. New York State Common Retirement Fund boosted its holdings in Unisys by 3.1% during the 4th 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 acquiring an additional 16,321 shares during the period. Y Intercept Hong Kong Ltd purchased a new position in Unisys during the 4th quarter valued at about $77,000. Finally, Inceptionr LLC acquired a new position in Unisys in the 4th quarter valued at about $72,000. Hedge funds and other institutional investors own 86.87% of the company's stock.

Unisys Trading Down 1.6%

NYSE:UIS traded down $0.08 during midday trading on Friday, reaching $4.78. The company had a trading volume of 546,581 shares, compared to its average volume of 560,908. Unisys Co. has a 12-month low of $3.32 and a 12-month high of $8.93. The firm has a market capitalization of $339.70 million, a price-to-earnings ratio of -1.69, a PEG ratio of 0.56 and a beta of 1.26. The stock's fifty day simple moving average is $4.46 and its 200-day simple moving average is $5.68.

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

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Canaccord Genuity Group reduced 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. Wall Street Zen cut shares of Unisys from a "buy" rating to a "hold" rating in a research report on Monday, May 5th.

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.