Unisys Co. (NYSE:UIS) Shares Bought by GSA Capital Partners LLP

GSA Capital Partners LLP lifted its holdings in shares of Unisys Co. (NYSE:UIS) by 67.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 365,589 shares of the information technology services provider’s stock after acquiring an additional 146,899 shares during the period. GSA Capital Partners LLP owned 0.53% of Unisys worth $2,077,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. nVerses Capital LLC purchased a new position in Unisys during the 3rd quarter worth $36,000. Point72 DIFC Ltd acquired a new stake in Unisys in the second quarter valued at about $30,000. Cubist Systematic Strategies LLC purchased a new position in shares of Unisys during the 2nd quarter worth approximately $41,000. Creative Planning acquired a new stake in shares of Unisys in the 3rd quarter valued at approximately $58,000. Finally, Oak Thistle LLC acquired a new position in Unisys during the second quarter worth $52,000. 86.87% of the stock is owned by institutional investors and hedge funds.

Unisys Trading Up 0.4 %

Shares of UIS opened at $8.09 on Wednesday. The firm’s 50-day moving average is $6.18 and its two-hundred day moving average is $5.19. Unisys Co. has a twelve month low of $3.32 and a twelve month high of $8.49. The firm has a market capitalization of $560.80 million, a P/E ratio of -1.43, a PEG ratio of 1.74 and a beta of 0.73.

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

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Unisys from a “hold” rating to a “buy” rating in a report on Tuesday.

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.