UBS Asset Management Americas Inc. Acquires 1,780 Shares of Unisys Co. (NYSE:UIS)

UBS Asset Management Americas Inc. grew its holdings in shares of Unisys Co. (NYSE:UIS) by 4.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 41,850 shares of the information technology services provider’s stock after purchasing an additional 1,780 shares during the quarter. UBS Asset Management Americas Inc. owned about 0.08% of Unisys worth $407,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. WealthTrust Axiom LLC boosted its position in Unisys by 1.3% during the second quarter. WealthTrust Axiom LLC now owns 75,100 shares of the information technology services provider’s stock worth $729,000 after purchasing an additional 1,000 shares during the period. Arizona State Retirement System lifted its holdings in shares of Unisys by 2.0% in the second quarter. Arizona State Retirement System now owns 80,302 shares of the information technology services provider’s stock worth $781,000 after buying an additional 1,589 shares in the last quarter. Swiss National Bank lifted its holdings in shares of Unisys by 2.2% in the second quarter. Swiss National Bank now owns 95,000 shares of the information technology services provider’s stock worth $923,000 after buying an additional 2,000 shares in the last quarter. Pinnacle Holdings LLC lifted its holdings in shares of Unisys by 7.3% in the second quarter. Pinnacle Holdings LLC now owns 70,290 shares of the information technology services provider’s stock worth $683,000 after buying an additional 4,795 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Unisys by 1.2% in the second quarter. Northern Trust Corp now owns 636,251 shares of the information technology services provider’s stock worth $6,184,000 after buying an additional 7,680 shares in the last quarter.

Separately, ValuEngine raised shares of Unisys from a “sell” rating to a “hold” rating in a report on Monday, July 29th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $14.67.

Shares of Unisys stock traded down $0.28 on Friday, reaching $7.53. The stock had a trading volume of 520,529 shares, compared to its average volume of 875,742. Unisys Co. has a 1 year low of $6.39 and a 1 year high of $19.54. The company has a market cap of $404.44 million, a P/E ratio of 3.28 and a beta of 1.52. The business’s 50 day moving average is $7.43 and its two-hundred day moving average is $9.37.

Unisys (NYSE:UIS) last announced its quarterly earnings results on Tuesday, July 30th. The information technology services provider reported $0.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.68. Unisys had a net margin of 1.31% and a negative return on equity of 13.35%. The firm had revenue of $753.80 million for the quarter, compared to the consensus estimate of $689.55 million. During the same period in the prior year, the firm posted $0.39 earnings per share. The company’s revenue for the quarter was up 12.9% on a year-over-year basis.

Unisys Profile

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

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Institutional Ownership by Quarter for Unisys (NYSE:UIS)

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