Jane Street Group LLC Acquires 35,853 Shares of Unisys Co. (NYSE:UIS)

Jane Street Group LLC grew its holdings in Unisys Co. (NYSE:UIS) by 35.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 137,966 shares of the information technology services provider’s stock after acquiring an additional 35,853 shares during the period. Jane Street Group LLC owned 0.20% of Unisys worth $784,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. nVerses Capital LLC bought a new position in Unisys in the 3rd quarter worth $36,000. Point72 DIFC Ltd bought a new position in shares of Unisys in the second quarter worth about $30,000. Cubist Systematic Strategies LLC bought a new position in shares of Unisys in the second quarter worth about $41,000. Creative Planning purchased a new position in shares of Unisys during the 3rd quarter valued at about $58,000. Finally, Paloma Partners Management Co bought a new position in shares of Unisys during the 3rd quarter valued at approximately $60,000. Hedge funds and other institutional investors own 86.87% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Unisys from a “hold” rating to a “buy” rating in a report on Saturday, December 28th.

Unisys Stock Performance

Shares of Unisys stock opened at $6.47 on Friday. Unisys Co. has a fifty-two week low of $3.32 and a fifty-two week high of $8.93. The company has a market capitalization of $448.78 million, a P/E ratio of -1.14, a P/E/G ratio of 1.52 and a beta of 0.75. The company has a fifty day moving average of $7.26 and a 200 day moving average of $5.85.

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 analysts’ consensus estimates of $0.13 by ($0.21). The business had revenue of $497.00 million during the quarter, compared to the consensus estimate of $486.50 million. Unisys had a negative return on equity of 27.42% and a negative net margin of 19.24%. The business’s revenue was up 7.0% on a year-over-year basis. During the same period last year, the company earned ($0.33) EPS. Analysts forecast that Unisys Co. will post 0.31 EPS for the current year.

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.