Unisys Co. (NYSE:UIS) Short Interest Up 56.3% in February

Unisys Co. (NYSE:UIS) was the recipient of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 1,270,000 shares, a growth of 56.3% from the January 31st total of 812,300 shares. Based on an average daily volume of 540,900 shares, the short-interest ratio is currently 2.3 days.

Hedge Funds Weigh In On Unisys

Several institutional investors have recently bought and sold shares of the business. Diversified Trust Co grew its position in Unisys by 12.4% in the fourth quarter. Diversified Trust Co now owns 21,613 shares of the information technology services provider’s stock worth $137,000 after acquiring an additional 2,380 shares in the last quarter. Hsbc Holdings PLC boosted its holdings in shares of Unisys by 13.0% in the 4th quarter. Hsbc Holdings PLC now owns 34,241 shares of the information technology services provider’s stock worth $218,000 after purchasing an additional 3,937 shares during the period. SG Americas Securities LLC raised its holdings in Unisys by 17.7% during the 4th quarter. SG Americas Securities LLC now owns 26,899 shares of the information technology services provider’s stock valued at $170,000 after buying an additional 4,045 shares during the period. Envestnet Asset Management Inc. lifted its position in Unisys by 14.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 32,254 shares of the information technology services provider’s stock worth $204,000 after buying an additional 4,143 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its stake in shares of Unisys by 9.4% during the 4th quarter. Wells Fargo & Company MN now owns 58,139 shares of the information technology services provider’s stock worth $368,000 after purchasing an additional 5,019 shares during the period. Institutional investors own 86.87% of the company’s stock.

Analyst Ratings Changes

UIS has been the topic of several analyst reports. Canaccord Genuity Group dropped their price target on shares of Unisys from $7.00 to $6.50 and set a “hold” rating on the stock in a research note on Thursday, February 20th. StockNews.com raised shares of Unisys from a “hold” rating to a “buy” rating in a report on Thursday, February 13th.

Unisys Stock Up 1.9 %

UIS stock traded up $0.08 during trading on Friday, reaching $4.31. The company’s stock had a trading volume of 623,658 shares, compared to its average volume of 501,099. The company’s fifty day moving average is $6.34 and its 200-day moving average is $6.44. The company has a market capitalization of $299.99 million, a P/E ratio of -1.52, a price-to-earnings-growth ratio of 0.56 and a beta of 0.78. Unisys has a 1 year low of $3.32 and a 1 year high of $8.93.

Unisys (NYSE:UIS) last posted its earnings results on Tuesday, February 18th. The information technology services provider reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. The company had revenue of $545.40 million for the quarter, compared to the consensus estimate 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 period in the previous year, the business earned $0.51 earnings per share. Analysts anticipate that Unisys will post 0.61 earnings per share 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.