Unisys Co. (NYSE:UIS) Shares Purchased by Bank of New York Mellon Corp

Bank of New York Mellon Corp boosted its position in Unisys Co. (NYSE:UIS) by 4.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 386,918 shares of the information technology services provider’s stock after purchasing an additional 17,705 shares during the quarter. Bank of New York Mellon Corp owned about 0.56% of Unisys worth $1,598,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio raised its stake in Unisys by 6.1% in the 1st quarter. Public Employees Retirement System of Ohio now owns 67,333 shares of the information technology services provider’s stock valued at $331,000 after purchasing an additional 3,886 shares during the last quarter. Los Angeles Capital Management LLC increased its stake in shares of Unisys by 4.2% during the 1st quarter. Los Angeles Capital Management LLC now owns 217,274 shares of the information technology services provider’s stock valued at $1,067,000 after acquiring an additional 8,788 shares during the last quarter. Russell Investments Group Ltd. increased its stake in shares of Unisys by 10.2% during the 1st quarter. Russell Investments Group Ltd. now owns 101,905 shares of the information technology services provider’s stock valued at $500,000 after acquiring an additional 9,402 shares during the last quarter. BNP Paribas Financial Markets increased its stake in shares of Unisys by 20.2% during the 1st quarter. BNP Paribas Financial Markets now owns 64,808 shares of the information technology services provider’s stock valued at $318,000 after acquiring an additional 10,888 shares during the last quarter. Finally, Pinnacle Holdings LLC increased its stake in shares of Unisys by 10.5% during the 4th quarter. Pinnacle Holdings LLC now owns 120,572 shares of the information technology services provider’s stock valued at $678,000 after acquiring an additional 11,412 shares during the last quarter. Institutional investors and hedge funds own 86.87% of the company’s stock.

Unisys Price Performance

NYSE UIS opened at $5.64 on Thursday. Unisys Co. has a 12 month low of $2.60 and a 12 month high of $8.12. The company has a 50-day moving average of $4.91 and a 200-day moving average of $4.89. The company has a market cap of $390.45 million, a P/E ratio of -0.96, a P/E/G ratio of 1.44 and a beta of 0.78.

Unisys (NYSE:UIS) last posted its quarterly earnings data on Monday, August 5th. The information technology services provider reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.17. Unisys had a negative net margin of 18.95% and a negative return on equity of 24.50%. The company had revenue of $478.20 million during the quarter, compared to the consensus estimate of $485.93 million. During the same quarter in the prior year, the company posted ($0.09) EPS. The company’s quarterly revenue was up .3% compared to the same quarter last year. As a group, equities research analysts anticipate that Unisys Co. will post 0.24 EPS for the current year.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Unisys from a “buy” rating to a “hold” rating in a research note on Tuesday, August 27th.

Unisys Company 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.