Unisys Co. (NYSE:UIS) Shares Acquired by Martingale Asset Management L P

Martingale Asset Management L P increased its position in Unisys Co. (NYSE:UIS) by 37.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 187,051 shares of the information technology services provider’s stock after purchasing an additional 51,333 shares during the period. Martingale Asset Management L P’s holdings in Unisys were worth $1,184,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. AlphaQuest LLC purchased a new position in Unisys during the 4th quarter worth $39,000. Calton & Associates Inc. acquired a new stake in shares of Unisys during the fourth quarter worth about $63,000. Virtu Financial LLC purchased a new position in shares of Unisys during the third quarter worth about $62,000. Inceptionr LLC acquired a new position in Unisys in the 4th quarter valued at about $72,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in Unisys during the 4th quarter valued at approximately $77,000. 86.87% of the stock is owned by institutional investors and hedge funds.

Unisys Stock Up 1.2 %

Shares of Unisys stock opened at $3.82 on Friday. The firm has a market cap of $271.12 million, a price-to-earnings ratio of -1.35, a price-to-earnings-growth ratio of 0.56 and a beta of 1.14. Unisys Co. has a 52-week low of $3.32 and a 52-week high of $8.93. The company’s 50-day simple moving average is $4.80 and its 200-day simple moving average is $6.13.

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. The company had revenue of $545.40 million for the quarter, compared to analysts’ expectations of $550.93 million. Unisys had a negative return on equity of 16.84% and a negative net margin of 9.63%. During the same quarter in the previous year, the firm posted $0.51 EPS. Equities research analysts anticipate that Unisys Co. will post 0.61 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. StockNews.com upgraded Unisys from a “hold” rating to a “buy” rating in a research note on Thursday, February 13th. Canaccord Genuity Group lowered their price objective on shares of Unisys from $7.00 to $6.50 and set a “hold” rating on the stock in a research report on Thursday, February 20th.

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.