JPMorgan Chase & Co. Has $11.14 Million Position in Unisys Co. (NYSE:UIS)

JPMorgan Chase & Co. reduced its stake in shares of Unisys Co. (NYSE:UIS - Free Report) by 24.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,759,684 shares of the information technology services provider's stock after selling 566,825 shares during the period. JPMorgan Chase & Co. owned 2.54% of Unisys worth $11,139,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in UIS. EntryPoint Capital LLC bought a new stake in Unisys during the fourth quarter valued at about $319,000. Vanguard Group Inc. raised its stake in Unisys by 2.3% during the 4th quarter. Vanguard Group Inc. now owns 7,096,464 shares of the information technology services provider's stock valued at $44,921,000 after purchasing an additional 157,919 shares during the last quarter. LPL Financial LLC grew its position in Unisys by 3.2% in the 4th quarter. LPL Financial LLC now owns 160,384 shares of the information technology services provider's stock worth $1,015,000 after purchasing an additional 5,033 shares during the last quarter. Sei Investments Co. raised its position in shares of Unisys by 91.6% during the fourth quarter. Sei Investments Co. now owns 78,827 shares of the information technology services provider's stock valued at $499,000 after buying an additional 37,692 shares during the last quarter. Finally, Quantbot Technologies LP raised its holdings in Unisys by 961.7% in the 4th quarter. Quantbot Technologies LP now owns 21,074 shares of the information technology services provider's stock valued at $133,000 after acquiring an additional 19,089 shares in the last quarter. Institutional investors own 86.87% of the company's stock.

Unisys Stock Up 2.0 %

UIS traded up $0.08 during trading on Friday, hitting $3.94. The company had a trading volume of 279,377 shares, compared to its average volume of 540,986. The company has a market capitalization of $279.79 million, a PE ratio of -1.39, a PEG ratio of 0.56 and a beta of 1.14. Unisys Co. has a one year low of $3.32 and a one year high of $8.93. The firm's 50-day moving average price is $4.49 and its 200 day moving average price is $6.07.

Unisys (NYSE:UIS - Get Free Report) last released its earnings results on Tuesday, February 18th. The information technology services provider reported $0.33 earnings per share for the quarter, beating analysts' consensus estimates of $0.30 by $0.03. The business had revenue of $545.40 million during the quarter, compared to the consensus estimate of $550.93 million. Unisys had a negative net margin of 9.63% and a negative return on equity of 16.84%. During the same quarter last year, the firm earned $0.51 earnings per share. Sell-side analysts forecast that Unisys Co. will post 0.61 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Canaccord Genuity Group lowered their target price 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. StockNews.com upgraded Unisys from a "hold" rating to a "buy" rating in a report on Thursday, February 13th.

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.