XTX Topco Ltd Makes New $89,000 Investment in Unisys Co. (NYSE:UIS)

XTX Topco Ltd bought a new position in Unisys Co. (NYSE:UIS) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 21,567 shares of the information technology services provider’s stock, valued at approximately $89,000.

Several other institutional investors and hedge funds have also recently modified their holdings of UIS. Oak Thistle LLC purchased a new stake in Unisys during the 2nd quarter valued at about $52,000. Hennessy Advisors Inc. bought a new stake in shares of Unisys during the first quarter valued at approximately $97,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Unisys during the first quarter valued at approximately $133,000. Hennion & Walsh Asset Management Inc. purchased a new position in Unisys in the 2nd quarter worth approximately $117,000. Finally, Aristides Capital LLC purchased a new stake in Unisys during the 1st quarter valued at $173,000. 86.87% of the stock is currently owned by institutional investors.

Unisys Stock Performance

UIS opened at $5.55 on Wednesday. The company’s 50-day simple moving average is $5.12 and its two-hundred day simple moving average is $4.92. Unisys Co. has a 52-week low of $2.60 and a 52-week high of $8.12. The stock has a market capitalization of $384.22 million, a P/E ratio of -0.94, a P/E/G ratio of 1.57 and a beta of 0.78.

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

Wall Street Analysts Forecast Growth

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

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.