New York State Common Retirement Fund Acquires 16,321 Shares of Unisys Co. (NYSE:UIS)

New York State Common Retirement Fund raised its holdings in shares of Unisys Co. (NYSE:UIS) by 3.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 535,564 shares of the information technology services provider’s stock after acquiring an additional 16,321 shares during the period. New York State Common Retirement Fund owned approximately 0.77% of Unisys worth $3,390,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in UIS. Creative Planning bought a new stake in shares of Unisys during the 3rd quarter valued at $58,000. Paloma Partners Management Co bought a new stake in shares of Unisys during the 3rd quarter valued at $60,000. Virtu Financial LLC bought a new stake in shares of Unisys during the 3rd quarter valued at $62,000. Calton & Associates Inc. bought a new stake in shares of Unisys during the 4th quarter valued at $63,000. Finally, Glenmede Trust Co. NA bought a new stake in shares of Unisys during the 3rd quarter valued at $68,000. Institutional investors own 86.87% of the company’s stock.

Analysts Set New Price Targets

UIS has been the subject of several recent research reports. StockNews.com upgraded shares of Unisys from a “hold” rating to a “buy” rating in a research report on Thursday, February 13th. Canaccord Genuity Group lowered their price objective on shares of Unisys from $7.00 to $6.50 and set a “hold” rating for the company in a research report on Thursday, February 20th.

Unisys Stock Up 1.9 %

UIS opened at $4.31 on Friday. Unisys Co. has a 12 month low of $3.32 and a 12 month high of $8.93. The company has a fifty day simple moving average of $6.34 and a 200 day simple moving average of $6.41. The stock has a market cap of $299.99 million, a P/E ratio of -1.52, a P/E/G ratio of 0.56 and a beta of 0.78.

Unisys (NYSE:UIS) last released its quarterly earnings data on Tuesday, February 18th. The information technology services provider reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.03. Unisys had a negative net margin of 9.63% and a negative return on equity of 16.84%. The business had revenue of $545.40 million during the quarter, compared to analysts’ expectations of $550.93 million. During the same quarter in the prior year, the company earned $0.51 EPS. On average, equities research analysts expect that Unisys Co. will post 0.61 earnings per share for the current fiscal 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.