10,229 Shares in Unisys Co. (NYSE:UIS) Acquired by Creative Planning

Creative Planning bought a new stake in shares of Unisys Co. (NYSE:UIS) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 10,229 shares of the information technology services provider’s stock, valued at approximately $58,000.

Other hedge funds also recently modified their holdings of the company. Point72 DIFC Ltd acquired a new position in Unisys during the second quarter valued at $30,000. Cubist Systematic Strategies LLC bought a new position in shares of Unisys during the 2nd quarter valued at $41,000. Oak Thistle LLC acquired a new stake in shares of Unisys in the second quarter worth about $52,000. ProShare Advisors LLC boosted its position in Unisys by 49.1% during the second quarter. ProShare Advisors LLC now owns 17,812 shares of the information technology services provider’s stock worth $74,000 after purchasing an additional 5,866 shares during the period. Finally, XTX Topco Ltd acquired a new stake in shares of Unisys in the second quarter valued at about $89,000. 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 research report on Tuesday.

Unisys Trading Up 0.4 %

Shares of UIS stock opened at $8.09 on Wednesday. Unisys Co. has a 12 month low of $3.32 and a 12 month high of $8.49. The stock has a 50 day moving average of $6.18 and a two-hundred day moving average of $5.19. The company has a market capitalization of $560.80 million, a P/E ratio of -1.43, a P/E/G ratio of 1.74 and a beta of 0.73.

Unisys (NYSE:UIS) last issued its quarterly earnings data on Tuesday, October 29th. The information technology services provider reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.21). Unisys had a negative net margin of 19.24% and a negative return on equity of 27.42%. The company had revenue of $497.00 million for the quarter, compared to the consensus estimate of $486.50 million. During the same period in the previous year, the business posted ($0.33) earnings per share. The firm’s revenue was up 7.0% compared to the same quarter last year. Sell-side analysts predict that Unisys Co. will post 0.31 earnings per share 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.