Y Intercept Hong Kong Ltd Acquires New Holdings in Unisys Co. (NYSE:UIS)

Y Intercept Hong Kong Ltd bought a new position in Unisys Co. (NYSE:UIS) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 12,119 shares of the information technology services provider’s stock, valued at approximately $77,000.

A number of other large investors have also added to or reduced their stakes in the stock. Creative Planning purchased a new position in shares of Unisys in the 3rd quarter worth $58,000. Paloma Partners Management Co bought a new position in Unisys in the third quarter valued at about $60,000. Virtu Financial LLC purchased a new position in Unisys in the third quarter worth about $62,000. Calton & Associates Inc. bought a new stake in shares of Unisys during the 4th quarter valued at about $63,000. Finally, Glenmede Trust Co. NA purchased a new stake in shares of Unisys during the 3rd quarter valued at about $68,000. Institutional investors own 86.87% of the company’s stock.

Analysts Set New Price Targets

UIS has been the topic of a number of research reports. StockNews.com raised shares of Unisys from a “hold” rating to a “buy” rating in a report on Thursday, February 13th. Canaccord Genuity Group dropped their price target on shares of Unisys from $7.00 to $6.50 and set a “hold” rating on the stock in a research note on Thursday, February 20th.

Unisys Stock Up 4.0 %

Shares of UIS opened at $4.28 on Thursday. The business has a 50-day simple moving average of $6.24 and a two-hundred day simple moving average of $6.42. Unisys Co. has a 52 week low of $3.32 and a 52 week high of $8.93. The stock has a market cap of $297.56 million, a price-to-earnings ratio of -1.51, a PEG ratio of 0.56 and a beta of 0.78.

Unisys (NYSE:UIS) last released its earnings results on Tuesday, February 18th. The information technology services provider reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $545.40 million during the quarter, compared to analyst estimates of $550.93 million. During the same period in the prior year, the firm posted $0.51 EPS. On average, equities analysts anticipate 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.