Hennion & Walsh Asset Management Inc. Purchases 32,456 Shares of Unisys Co. (NYSE:UIS)

Hennion & Walsh Asset Management Inc. boosted its position in shares of Unisys Co. (NYSE:UIS) by 70.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 78,540 shares of the information technology services provider’s stock after acquiring an additional 32,456 shares during the period. Hennion & Walsh Asset Management Inc. owned approximately 0.11% of Unisys worth $497,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in UIS. XTX Topco Ltd bought a new position in Unisys during the second quarter valued at about $89,000. ProShare Advisors LLC grew its stake in shares of Unisys by 49.1% in the 2nd quarter. ProShare Advisors LLC now owns 17,812 shares of the information technology services provider’s stock valued at $74,000 after purchasing an additional 5,866 shares during the period. Bank of Montreal Can grew its stake in shares of Unisys by 738.6% in the 2nd quarter. Bank of Montreal Can now owns 287,376 shares of the information technology services provider’s stock valued at $1,187,000 after purchasing an additional 253,108 shares during the period. Point72 DIFC Ltd bought a new stake in shares of Unisys in the 2nd quarter valued at approximately $30,000. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Unisys in the 2nd quarter valued at approximately $41,000. 86.87% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Unisys from a “buy” rating to a “hold” rating in a research note on Monday, January 13th.

Unisys Trading Up 2.8 %

UIS stock opened at $6.78 on Tuesday. Unisys Co. has a 1-year low of $3.32 and a 1-year high of $8.93. The firm has a market cap of $469.91 million, a P/E ratio of -1.20, a P/E/G ratio of 0.69 and a beta of 0.79. The business’s 50 day moving average is $7.14 and its 200-day moving average is $6.07.

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