Retirement Solution LLC Buys 11,000 Shares of Unisys Co. (NYSE:UIS)

Retirement Solution LLC boosted its stake in shares of Unisys Co. (NYSE:UIS) by 58.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,800 shares of the information technology services provider’s stock after acquiring an additional 11,000 shares during the period. Retirement Solution LLC’s holdings in Unisys were worth $189,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Creative Planning acquired a new stake in Unisys in the third quarter valued at about $58,000. GSA Capital Partners LLP boosted its stake in shares of Unisys by 67.2% in the 3rd quarter. GSA Capital Partners LLP now owns 365,589 shares of the information technology services provider’s stock valued at $2,077,000 after purchasing an additional 146,899 shares in the last quarter. Banque Cantonale Vaudoise bought a new stake in shares of Unisys during the 3rd quarter valued at approximately $296,000. Connor Clark & Lunn Investment Management Ltd. lifted its stake in Unisys by 143.8% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 87,052 shares of the information technology services provider’s stock valued at $494,000 after purchasing an additional 51,339 shares during the last quarter. Finally, Intech Investment Management LLC acquired a new stake in Unisys in the third quarter valued at approximately $80,000. 86.87% of the stock is owned by institutional investors and hedge funds.

Unisys Stock Performance

Shares of NYSE UIS opened at $4.17 on Friday. The firm’s 50-day simple moving average is $6.10 and its 200 day simple moving average is $6.39. The stock has a market cap of $289.90 million, a price-to-earnings ratio of -1.47, a PEG ratio of 0.56 and a beta of 1.25. Unisys Co. has a fifty-two week low of $3.32 and a fifty-two week high of $8.93.

Unisys (NYSE:UIS) last issued its quarterly earnings data on Tuesday, February 18th. The information technology services provider reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. The business had revenue of $545.40 million during the quarter, compared to the consensus estimate of $550.93 million. Unisys had a negative net margin of 9.63% and a negative return on equity of 16.84%. During the same period in the prior year, the firm posted $0.51 EPS. On average, sell-side analysts predict that Unisys Co. will post 0.61 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on UIS shares. Canaccord Genuity Group cut their price target on shares of Unisys from $7.00 to $6.50 and set a “hold” rating on the stock in a report on Thursday, February 20th. StockNews.com upgraded Unisys from a “hold” rating to a “buy” rating in a research report on Thursday, February 13th.

Unisys 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.