Newport Trust Company LLC Increases Stock Position in Unisys Co. (NYSE:UIS)

Newport Trust Company LLC grew its position in shares of Unisys Co. (NYSE:UIS) by 0.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,304,955 shares of the information technology services provider’s stock after purchasing an additional 6,894 shares during the period. Newport Trust Company LLC owned approximately 1.88% of Unisys worth $5,389,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in UIS. Vanguard Group Inc. grew its stake in shares of Unisys by 4.8% in the 1st quarter. Vanguard Group Inc. now owns 6,532,851 shares of the information technology services provider’s stock worth $32,076,000 after buying an additional 300,941 shares in the last quarter. Hennessy Advisors Inc. purchased a new position in Unisys in the first quarter worth about $97,000. Charles Schwab Investment Management Inc. boosted its holdings in shares of Unisys by 0.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,123,029 shares of the information technology services provider’s stock worth $11,931,000 after purchasing an additional 11,439 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new stake in Unisys in the first quarter worth $133,000. Finally, GSA Capital Partners LLP lifted its holdings in shares of Unisys by 64.0% in the 1st quarter. GSA Capital Partners LLP now owns 203,615 shares of the information technology services provider’s stock worth $1,000,000 after acquiring an additional 79,457 shares during the last quarter. 86.87% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Unisys from a “buy” rating to a “hold” rating in a research report on Tuesday, August 27th.

Unisys Trading Up 2.3 %

NYSE:UIS opened at $5.77 on Friday. The company has a market cap of $399.45 million, a price-to-earnings ratio of -0.97, a price-to-earnings-growth ratio of 1.44 and a beta of 0.78. Unisys Co. has a twelve month low of $2.60 and a twelve month high of $8.12. The stock has a fifty day simple moving average of $4.94 and a 200-day simple moving average of $4.89.

Unisys (NYSE:UIS) last issued its earnings results on Monday, August 5th. The information technology services provider reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.17. Unisys had a negative net margin of 18.95% and a negative return on equity of 24.50%. The business had revenue of $478.20 million for the quarter, compared to analyst estimates of $485.93 million. During the same period last year, the company posted ($0.09) earnings per share. The company’s quarterly revenue was up .3% compared to the same quarter last year. As a group, equities research analysts predict that Unisys Co. will post 0.24 EPS for the current fiscal year.

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.