Unisys Co. (NYSE:UIS) Holdings Decreased by Aristeia Capital L.L.C.

Aristeia Capital L.L.C. reduced its stake in Unisys Co. (NYSE:UIS - Free Report) by 64.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 41,688 shares of the information technology services provider's stock after selling 74,811 shares during the period. Aristeia Capital L.L.C. owned approximately 0.06% of Unisys worth $264,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of UIS. Barclays PLC increased its holdings in shares of Unisys by 127.6% during the third quarter. Barclays PLC now owns 126,819 shares of the information technology services provider's stock valued at $722,000 after acquiring an additional 71,093 shares in the last quarter. Virtu Financial LLC purchased a new position in Unisys in the third quarter worth $62,000. JPMorgan Chase & Co. boosted its position in Unisys by 1.7% during 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 period. Diversified Trust Co boosted its holdings in shares of Unisys by 12.4% during the fourth quarter. Diversified Trust Co now owns 21,613 shares of the information technology services provider's stock worth $137,000 after purchasing an additional 2,380 shares during the period. Finally, Hennion & Walsh Asset Management Inc. boosted its stake in shares of Unisys by 70.4% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 78,540 shares of the information technology services provider's stock valued at $497,000 after purchasing an additional 32,456 shares in the last quarter. Institutional investors own 86.87% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on UIS shares. StockNews.com cut Unisys from a "buy" rating to a "hold" rating in a research note on Monday. Canaccord Genuity Group cut their target price on shares of Unisys from $7.00 to $6.50 and set a "hold" rating for the company in a report on Thursday, February 20th.

Unisys Trading Up 1.4 %

Shares of NYSE:UIS traded up $0.07 during trading on Wednesday, reaching $4.74. The stock had a trading volume of 451,816 shares, compared to its average volume of 551,347. The company has a market capitalization of $336.50 million, a P/E ratio of -1.67, a PEG ratio of 0.56 and a beta of 1.26. The firm's 50-day simple moving average is $4.15 and its 200 day simple moving average is $5.89. Unisys Co. has a one year low of $3.32 and a one year high of $8.93.

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

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.