14,063 Shares in Unisys Co. (NYSE:UIS) Bought by Intech Investment Management LLC

Intech Investment Management LLC acquired a new stake in Unisys Co. (NYSE:UIS) during the third quarter, according to its most recent filing with the SEC. The firm acquired 14,063 shares of the information technology services provider’s stock, valued at approximately $80,000.

Several other institutional investors also recently bought and sold shares of UIS. The Manufacturers Life Insurance Company raised its stake in shares of Unisys by 8.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 27,123 shares of the information technology services provider’s stock worth $112,000 after buying an additional 2,119 shares in the last quarter. ProShare Advisors LLC raised its position 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 worth $74,000 after acquiring an additional 5,866 shares in the last quarter. nVerses Capital LLC purchased a new position in Unisys in the third quarter worth $36,000. Newport Trust Company LLC lifted its holdings in Unisys by 0.5% in the second quarter. Newport Trust Company LLC now owns 1,304,955 shares of the information technology services provider’s stock valued at $5,389,000 after acquiring an additional 6,894 shares during the period. Finally, Point72 DIFC Ltd purchased a new stake in shares of Unisys during the 2nd quarter worth $30,000. 86.87% of the stock is owned by institutional investors and hedge funds.

Unisys Trading Down 21.1 %

Shares of Unisys stock opened at $7.04 on Monday. The company has a 50-day moving average of $7.05 and a two-hundred day moving average of $5.56. The stock has a market cap of $488.32 million, a PE ratio of -1.24, a price-to-earnings-growth ratio of 1.82 and a beta of 0.75. Unisys Co. has a 12-month low of $3.32 and a 12-month high of $8.93.

Unisys (NYSE:UIS) last released its quarterly earnings data on Tuesday, October 29th. The information technology services provider reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.21). The firm had revenue of $497.00 million during the quarter, compared to analysts’ expectations of $486.50 million. Unisys had a negative net margin of 19.24% and a negative return on equity of 27.42%. The business’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same period in the previous year, the business earned ($0.33) earnings per share. On average, sell-side analysts forecast that Unisys Co. will post 0.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Unisys from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th.

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.