Unisys (NYSE:UIS - Get Free Report) was downgraded by stock analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research note issued on Saturday.
Unisys Stock Performance
NYSE:UIS traded down $0.06 during trading hours on Friday, reaching $4.06. The stock had a trading volume of 312,308 shares, compared to its average volume of 587,562. Unisys has a 12-month low of $3.32 and a 12-month high of $8.93. The stock has a 50 day simple moving average of $4.70 and a 200 day simple moving average of $5.03. The stock has a market cap of $288.18 million, a P/E ratio of -3.79, a price-to-earnings-growth ratio of 0.47 and a beta of 1.32.
Unisys (NYSE:UIS - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The information technology services provider reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.24) by $0.19. The company had revenue of $432.10 million during the quarter, compared to analyst estimates of $441.20 million. Unisys had a negative return on equity of 11.93% and a negative net margin of 3.76%. On average, equities analysts expect that Unisys will post 0.61 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in Unisys by 2.7% in the 1st quarter. Vanguard Group Inc. now owns 7,287,403 shares of the information technology services provider's stock valued at $33,449,000 after acquiring an additional 190,939 shares in the last quarter. Needham Investment Management LLC lifted its holdings in shares of Unisys by 4.2% during the 1st quarter. Needham Investment Management LLC now owns 5,559,800 shares of the information technology services provider's stock valued at $25,519,000 after buying an additional 224,800 shares during the period. Acadian Asset Management LLC lifted its holdings in shares of Unisys by 15.7% during the 1st quarter. Acadian Asset Management LLC now owns 1,817,608 shares of the information technology services provider's stock valued at $8,337,000 after buying an additional 246,660 shares during the period. D. E. Shaw & Co. Inc. lifted its holdings in shares of Unisys by 1.7% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 1,668,269 shares of the information technology services provider's stock valued at $10,560,000 after buying an additional 28,418 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of Unisys by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 1,556,325 shares of the information technology services provider's stock valued at $9,854,000 after buying an additional 6,672 shares during the period. Hedge funds and other institutional investors own 86.87% of the company's stock.
About Unisys
(
Get Free Report)
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.
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