Wealth Enhancement Advisory Services LLC Purchases 10,185 Shares of Unisys Corporation $UIS

Wealth Enhancement Advisory Services LLC lifted its position in shares of Unisys Corporation (NYSE:UIS) by 70.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,708 shares of the information technology services provider’s stock after acquiring an additional 10,185 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Unisys were worth $112,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in UIS. AQR Capital Management LLC lifted its holdings in shares of Unisys by 232.5% during the 1st quarter. AQR Capital Management LLC now owns 1,227,724 shares of the information technology services provider’s stock worth $5,635,000 after acquiring an additional 858,516 shares during the period. Whetstone Capital Advisors LLC bought a new position in Unisys in the 1st quarter valued at approximately $2,836,000. Acadian Asset Management LLC lifted its stake in Unisys by 15.7% in the 1st quarter. Acadian Asset Management LLC now owns 1,817,608 shares of the information technology services provider’s stock valued at $8,337,000 after purchasing an additional 246,660 shares during the last quarter. Needham Investment Management LLC lifted its stake in Unisys by 4.2% in the 1st quarter. Needham Investment Management LLC now owns 5,559,800 shares of the information technology services provider’s stock valued at $25,519,000 after purchasing an additional 224,800 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in Unisys by 2.7% in the 1st quarter. Vanguard Group Inc. now owns 7,287,403 shares of the information technology services provider’s stock valued at $33,449,000 after purchasing an additional 190,939 shares during the last quarter. Institutional investors own 86.87% of the company’s stock.

Unisys Stock Performance

Shares of NYSE UIS opened at $3.70 on Monday. Unisys Corporation has a 52-week low of $3.56 and a 52-week high of $8.93. The firm has a 50 day moving average price of $3.93 and a two-hundred day moving average price of $4.25. The stock has a market cap of $263.77 million, a P/E ratio of -3.14, a price-to-earnings-growth ratio of 0.50 and a beta of 1.33.

Unisys (NYSE:UIS) last posted its quarterly earnings data on Thursday, June 15th. The information technology services provider reported ($0.02) earnings per share for the quarter. Unisys had a negative return on equity of 12.55% and a negative net margin of 4.16%.The firm had revenue of $446.70 million for the quarter. Analysts predict that Unisys Corporation will post 0.61 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

UIS has been the subject of several research reports. Maxim Group raised shares of Unisys from a “hold” rating to a “buy” rating and set a $9.00 price objective for the company in a research note on Monday, August 4th. Weiss Ratings reissued a “sell (d-)” rating on shares of Unisys in a research note on Wednesday, October 8th. Needham & Company LLC initiated coverage on shares of Unisys in a research note on Wednesday, September 3rd. They issued a “buy” rating and a $6.00 price objective for the company. Wall Street Zen raised shares of Unisys from a “hold” rating to a “buy” rating in a research note on Saturday, September 20th. Finally, Jefferies Financial Group assumed coverage on shares of Unisys in a research report on Monday, September 22nd. They issued a “hold” rating and a $4.00 price target for the company. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $6.38.

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.