Unisys Co. (NYSE:UIS) Shares Sold by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado lessened its holdings in Unisys Co. (NYSE:UIS) by 22.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,540 shares of the information technology services provider’s stock after selling 2,775 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Unisys were worth $39,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Pinnacle Holdings LLC lifted its holdings in shares of Unisys by 10.5% during the fourth quarter. Pinnacle Holdings LLC now owns 120,572 shares of the information technology services provider’s stock worth $678,000 after purchasing an additional 11,412 shares during the period. Los Angeles Capital Management LLC lifted its holdings in shares of Unisys by 4.2% during the first quarter. Los Angeles Capital Management LLC now owns 217,274 shares of the information technology services provider’s stock worth $1,067,000 after purchasing an additional 8,788 shares during the period. Hennessy Advisors Inc. acquired a new stake in shares of Unisys during the first quarter worth about $97,000. Kovack Advisors Inc. lifted its holdings in shares of Unisys by 5.2% during the first quarter. Kovack Advisors Inc. now owns 808,507 shares of the information technology services provider’s stock worth $3,970,000 after purchasing an additional 40,107 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Unisys during the first quarter worth about $133,000. Institutional investors and hedge funds own 86.87% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com downgraded Unisys from a “buy” rating to a “hold” rating in a report on Tuesday, August 27th.

Unisys Trading Up 2.1 %

Shares of NYSE:UIS opened at $5.81 on Monday. Unisys Co. has a 12-month low of $2.60 and a 12-month high of $8.12. The company has a market capitalization of $402.22 million, a PE ratio of -0.98, a PEG ratio of 1.57 and a beta of 0.78. The business has a 50 day moving average of $5.09 and a two-hundred day moving average of $4.91.

Unisys (NYSE:UIS) last announced its quarterly earnings results on Monday, August 5th. The information technology services provider reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.17. Unisys had a negative return on equity of 24.50% and a negative net margin of 18.95%. The company had revenue of $478.20 million during the quarter, compared to the consensus estimate of $485.93 million. During the same period in the previous year, the company posted ($0.09) earnings per share. Unisys’s revenue for the quarter was up .3% on a year-over-year basis. Equities research analysts predict that Unisys Co. will post 0.24 earnings per share for the current fiscal year.

About Unisys

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.