Millennium Management LLC bought a new stake in Unisys (NYSE:UIS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 262,319 shares of the information technology services provider’s stock, valued at approximately $2,138,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Teachers Advisors LLC increased its stake in Unisys by 43.7% in the fourth quarter. Teachers Advisors LLC now owns 142,246 shares of the information technology services provider’s stock valued at $1,159,000 after acquiring an additional 43,292 shares during the last quarter. Two Sigma Investments LP bought a new position in Unisys in the fourth quarter valued at $240,000. Two Sigma Advisers LP increased its stake in Unisys by 16.9% in the fourth quarter. Two Sigma Advisers LP now owns 118,449 shares of the information technology services provider’s stock valued at $965,000 after acquiring an additional 17,100 shares during the last quarter. Vertex One Asset Management Inc. increased its stake in Unisys by 19.1% in the fourth quarter. Vertex One Asset Management Inc. now owns 406,479 shares of the information technology services provider’s stock valued at $3,313,000 after acquiring an additional 65,278 shares during the last quarter. Finally, Stone Ridge Asset Management LLC bought a new position in Unisys in the fourth quarter valued at $370,000.

A number of research firms recently commented on UIS. Sidoti began coverage on Unisys in a research note on Tuesday, April 17th. They issued a “buy” rating on the stock. Zacks Investment Research cut Unisys from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 13th. ValuEngine cut Unisys from a “buy” rating to a “hold” rating in a research note on Monday, April 2nd. UBS cut Unisys from a “positive” rating to a “neutral” rating in a research note on Monday, February 12th. Finally, Susquehanna Bancshares reaffirmed a “neutral” rating on shares of Unisys in a research note on Monday, February 12th. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $12.00.

Shares of NYSE:UIS opened at $11.45 on Friday. Unisys has a 12-month low of $6.90 and a 12-month high of $13.90. The stock has a market cap of $557.73, a PE ratio of 4.73 and a beta of 1.34. The company has a current ratio of 1.43, a quick ratio of 1.40 and a debt-to-equity ratio of -0.48.

Unisys (NYSE:UIS) last announced its quarterly earnings data on Thursday, February 8th. The information technology services provider reported $1.75 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.73 by $1.02. Unisys had a negative return on equity of 10.97% and a negative net margin of 2.35%. The firm had revenue of $746.60 million for the quarter, compared to analysts’ expectations of $704.07 million. During the same period last year, the firm earned $0.60 earnings per share. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. analysts anticipate that Unisys will post 1.65 EPS for the current year.

Unisys Profile

Unisys Corporation provides information technology services worldwide. It operates in two segments, Services and Technology. The Services segment provides cloud and infrastructure services, application services, and business process outsourcing services. The Technology segment designs and develops software, hardware, and other related products.

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Institutional Ownership by Quarter for Unisys (NYSE:UIS)

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