Arrowstreet Capital Limited Partnership Grows Stock Holdings in Unisys Co. (NYSE:UIS)

Arrowstreet Capital Limited Partnership boosted its stake in shares of Unisys Co. (NYSE:UIS - Free Report) by 179.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 277,583 shares of the information technology services provider's stock after buying an additional 178,295 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 0.40% of Unisys worth $1,757,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of Unisys by 2.3% in the fourth quarter. Vanguard Group Inc. now owns 7,096,464 shares of the information technology services provider's stock worth $44,921,000 after buying an additional 157,919 shares during the period. JPMorgan Chase & Co. lifted its position in shares of 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 worth $13,215,000 after purchasing an additional 38,572 shares during the last quarter. State Street Corp boosted its stake in shares of Unisys by 13.2% during the third quarter. State Street Corp now owns 1,612,970 shares of the information technology services provider's stock valued at $9,162,000 after purchasing an additional 188,630 shares during the period. Geode Capital Management LLC grew its holdings in shares of Unisys by 0.7% in the third quarter. Geode Capital Management LLC now owns 1,549,653 shares of the information technology services provider's stock worth $8,804,000 after purchasing an additional 10,277 shares during the last quarter. Finally, New York State Common Retirement Fund grew its holdings in shares of Unisys by 3.1% in the fourth quarter. New York State Common Retirement Fund now owns 535,564 shares of the information technology services provider's stock worth $3,390,000 after purchasing an additional 16,321 shares during the last quarter. 86.87% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on UIS. StockNews.com raised shares of Unisys from a "hold" rating to a "buy" rating in a research report on Thursday, February 13th. Canaccord Genuity Group reduced 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 Stock Down 1.4 %

NYSE:UIS traded down $0.06 during mid-day trading on Wednesday, reaching $3.88. The company's stock had a trading volume of 8,805 shares, compared to its average volume of 542,361. Unisys Co. has a 1 year low of $3.32 and a 1 year high of $8.93. The stock has a fifty day moving average of $4.67 and a 200-day moving average of $6.11. The firm has a market capitalization of $275.39 million, a PE ratio of -1.37, a price-to-earnings-growth ratio of 0.56 and a beta of 1.14.

Unisys (NYSE:UIS - Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The information technology services provider reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.03. The firm had revenue of $545.40 million during the quarter, compared to analysts' expectations 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 in the prior year, the company earned $0.51 EPS. On average, analysts expect that Unisys Co. will post 0.61 earnings per share for the current 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.