Susquehanna Fundamental Investments LLC Makes New Investment in Unisys Co. (NYSE:UIS)

Susquehanna Fundamental Investments LLC purchased a new stake in Unisys Co. (NYSE:UIS - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 199,000 shares of the information technology services provider's stock, valued at approximately $1,260,000. Susquehanna Fundamental Investments LLC owned 0.29% of Unisys as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of UIS. Jane Street Group LLC boosted its holdings in shares of Unisys by 35.1% in the 3rd quarter. Jane Street Group LLC now owns 137,966 shares of the information technology services provider's stock valued at $784,000 after buying an additional 35,853 shares during the last quarter. Geode Capital Management LLC lifted its stake in Unisys by 0.7% in the 3rd quarter. Geode Capital Management LLC now owns 1,549,653 shares of the information technology services provider's stock valued at $8,804,000 after purchasing an additional 10,277 shares during the last quarter. Barclays PLC increased its position in Unisys by 127.6% during the third quarter. Barclays PLC now owns 126,819 shares of the information technology services provider's stock worth $722,000 after buying an additional 71,093 shares during the last quarter. Virtu Financial LLC bought a new stake in Unisys in the third quarter valued at approximately $62,000. Finally, JPMorgan Chase & Co. lifted its position in shares of Unisys by 1.7% in the third quarter. JPMorgan Chase & Co. now owns 2,326,509 shares of the information technology services provider's stock valued at $13,215,000 after buying an additional 38,572 shares during the last quarter. Institutional investors and hedge funds own 86.87% of the company's stock.

Unisys Stock Up 0.5 %

Shares of NYSE:UIS traded up $0.03 during trading on Wednesday, reaching $4.70. 53,613 shares of the company traded hands, compared to its average volume of 549,806. The firm has a market capitalization of $333.66 million, a PE ratio of -1.66, a PEG ratio of 0.56 and a beta of 1.26. The company's 50 day moving average is $4.15 and its two-hundred day moving average is $5.89. Unisys Co. has a 52 week low of $3.32 and a 52 week high of $8.93.

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

Analysts Set New Price Targets

UIS has been the topic of several research analyst reports. StockNews.com cut shares of Unisys from a "buy" rating to a "hold" rating in a report on Monday. Canaccord Genuity Group decreased their price objective on Unisys from $7.00 to $6.50 and set a "hold" rating on the stock in a report on Thursday, February 20th.

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.