StockNews.com Upgrades Unisys (NYSE:UIS) to Buy

Unisys (NYSE:UIS) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Thursday.

Unisys Trading Down 2.9 %

UIS opened at $6.79 on Thursday. The company has a fifty day simple moving average of $6.74 and a 200 day simple moving average of $6.32. The firm has a market cap of $470.95 million, a price-to-earnings ratio of -1.20, a PEG ratio of 0.78 and a beta of 0.78. Unisys has a twelve month low of $3.32 and a twelve month high of $8.93.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company boosted its stake in 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 valued at $112,000 after acquiring an additional 2,119 shares during the last quarter. Diversified Trust Co lifted its position in shares of Unisys by 12.4% in the 4th quarter. Diversified Trust Co now owns 21,613 shares of the information technology services provider’s stock worth $137,000 after buying an additional 2,380 shares during the last quarter. SG Americas Securities LLC lifted its position in shares of Unisys by 17.7% in the 4th quarter. SG Americas Securities LLC now owns 26,899 shares of the information technology services provider’s stock worth $170,000 after buying an additional 4,045 shares during the last quarter. LPL Financial LLC lifted its position in shares of Unisys by 3.2% in the 4th quarter. LPL Financial LLC now owns 160,384 shares of the information technology services provider’s stock worth $1,015,000 after buying an additional 5,033 shares during the last quarter. Finally, AlphaQuest LLC bought a new position in shares of Unisys in the 4th quarter worth about $39,000. 86.87% of the stock is currently owned by institutional investors.

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.