Grantham Mayo Van Otterloo & Co. LLC lifted its position in shares of Unisys Co. (NYSE:UIS) by 69.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 787,400 shares of the information technology services provider’s stock after purchasing an additional 322,200 shares during the period. Grantham Mayo Van Otterloo & Co. LLC owned about 1.52% of Unisys worth $7,654,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cutler Group LP lifted its position in shares of Unisys by 839.9% during the first quarter. Cutler Group LP now owns 2,284 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 2,041 shares in the last quarter. Everence Capital Management Inc. acquired a new position in shares of Unisys during the first quarter worth $123,000. Oppenheimer & Co. Inc. acquired a new position in shares of Unisys during the second quarter worth $124,000. NumerixS Investment Technologies Inc lifted its position in shares of Unisys by 225.6% during the first quarter. NumerixS Investment Technologies Inc now owns 14,000 shares of the information technology services provider’s stock worth $162,000 after purchasing an additional 9,700 shares in the last quarter. Finally, BNP Paribas Arbitrage SA lifted its position in shares of Unisys by 56.0% during the first quarter. BNP Paribas Arbitrage SA now owns 15,614 shares of the information technology services provider’s stock worth $182,000 after purchasing an additional 5,608 shares in the last quarter.
UIS has been the topic of a number of recent research reports. ValuEngine raised shares of Unisys from a “sell” rating to a “hold” rating in a research report on Monday, July 29th. Sidoti began coverage on shares of Unisys in a report on Thursday, May 23rd. They issued a “buy” rating on the stock. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $14.67.
UIS opened at $8.49 on Thursday. The stock has a market capitalization of $424.86 million, a PE ratio of 3.16 and a beta of 1.48. The firm’s fifty day moving average price is $8.70 and its 200 day moving average price is $10.34. Unisys Co. has a 12-month low of $6.39 and a 12-month high of $20.95.
Unisys (NYSE:UIS) last posted its quarterly earnings results on Tuesday, July 30th. The information technology services provider reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.68. The firm had revenue of $753.80 million for the quarter, compared to analysts’ expectations of $689.55 million. Unisys had a net margin of 1.31% and a negative return on equity of 13.35%. The firm’s quarterly revenue was up 12.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.39 earnings per share.
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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