Unisys Co. (NYSE:UIS) Shares Acquired by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company raised its holdings in Unisys Co. (NYSE:UIS) by 8.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,123 shares of the information technology services provider’s stock after buying an additional 2,119 shares during the period. The Manufacturers Life Insurance Company’s holdings in Unisys were worth $112,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Public Employees Retirement System of Ohio boosted its holdings in shares of 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 buying an additional 3,886 shares in the last quarter. ProShare Advisors LLC boosted its stake in Unisys by 49.1% in the second quarter. ProShare Advisors LLC now owns 17,812 shares of the information technology services provider’s stock valued at $74,000 after acquiring an additional 5,866 shares in the last quarter. Newport Trust Company LLC grew its holdings in shares of Unisys by 0.5% during the second quarter. Newport Trust Company LLC now owns 1,304,955 shares of the information technology services provider’s stock worth $5,389,000 after purchasing an additional 6,894 shares during the last quarter. Point72 DIFC Ltd acquired a new stake in shares of Unisys during the second quarter worth about $30,000. Finally, Los Angeles Capital Management LLC lifted its holdings in shares of Unisys by 4.2% in 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 purchasing an additional 8,788 shares during the last quarter. 86.87% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Unisys Price Performance

Shares of Unisys stock opened at $6.89 on Monday. The firm’s fifty day simple moving average is $5.61 and its 200-day simple moving average is $5.03. Unisys Co. has a 12 month low of $2.60 and a 12 month high of $8.12. The stock has a market capitalization of $476.99 million, a price-to-earnings ratio of -1.16, a PEG ratio of 1.79 and a beta of 0.78.

Unisys (NYSE:UIS) last released its quarterly earnings results on Monday, August 5th. The information technology services provider reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.17. Unisys had a negative return on equity of 24.50% and a negative net margin of 18.95%. The firm had revenue of $478.20 million for the quarter, compared to analyst estimates of $485.93 million. During the same quarter last year, the company posted ($0.09) earnings per share. The business’s revenue was up .3% on a year-over-year basis. Analysts anticipate that Unisys Co. will post 0.24 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.