Short Interest in Unisys Co. (NYSE:UIS) Declines By 24.7%

Unisys Co. (NYSE:UIS - Get Free Report) was the recipient of a large decline in short interest in March. As of March 31st, there was short interest totalling 1,770,000 shares, a decline of 24.7% from the March 15th total of 2,350,000 shares. Based on an average daily volume of 757,500 shares, the short-interest ratio is presently 2.3 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in UIS. Bank of New York Mellon Corp boosted its holdings in shares of Unisys by 0.9% during the 1st quarter. Bank of New York Mellon Corp now owns 641,297 shares of the information technology services provider's stock worth $13,858,000 after purchasing an additional 5,465 shares during the last quarter. HighTower Advisors LLC acquired a new position in Unisys in the first quarter valued at approximately $279,000. Natixis Advisors L.P. lifted its holdings in Unisys by 18.3% in the first quarter. Natixis Advisors L.P. now owns 12,176 shares of the information technology services provider's stock valued at $263,000 after acquiring an additional 1,887 shares during the last quarter. MetLife Investment Management LLC lifted its holdings in Unisys by 50.1% in the first quarter. MetLife Investment Management LLC now owns 34,768 shares of the information technology services provider's stock valued at $751,000 after acquiring an additional 11,606 shares during the last quarter. Finally, Rhumbline Advisers lifted its holdings in Unisys by 4.8% in the first quarter. Rhumbline Advisers now owns 172,646 shares of the information technology services provider's stock valued at $3,731,000 after acquiring an additional 7,953 shares during the last quarter. 86.87% of the stock is currently owned by institutional investors and hedge funds.

Unisys Price Performance

Shares of Unisys stock traded down $0.02 on Friday, hitting $5.61. The company's stock had a trading volume of 619,066 shares, compared to its average volume of 736,332. The company has a debt-to-equity ratio of 78.55, a quick ratio of 1.47 and a current ratio of 1.49. Unisys has a 1 year low of $2.60 and a 1 year high of $8.12. The company has a market capitalization of $387.15 million, a price-to-earnings ratio of -0.89 and a beta of 0.97. The firm has a fifty day moving average price of $5.72 and a 200-day moving average price of $5.16.

Unisys (NYSE:UIS - Get Free Report) last posted its quarterly earnings data on Wednesday, February 21st. The information technology services provider reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.31. Unisys had a negative return on equity of 577.16% and a negative net margin of 21.37%. The company had revenue of $557.60 million for the quarter, compared to analysts' expectations of $535.28 million. During the same period in the previous year, the firm posted $1.22 EPS. Unisys's revenue was up .1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Unisys will post -0.05 earnings per share 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.