Unisys Co. (NYSE:UIS) Shares Bought by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. increased its position in Unisys Co. (NYSE:UIS) by 62.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 46,084 shares of the information technology services provider’s stock after purchasing an additional 17,744 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Unisys were worth $262,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in UIS. nVerses Capital LLC acquired a new position in Unisys during the third quarter worth approximately $36,000. Point72 DIFC Ltd acquired a new position in shares of Unisys in the 2nd quarter valued at $30,000. Cubist Systematic Strategies LLC purchased a new stake in Unisys in the 2nd quarter valued at $41,000. Creative Planning acquired a new stake in Unisys during the 3rd quarter worth $58,000. Finally, Oak Thistle LLC purchased a new position in Unisys during the 2nd quarter worth $52,000. 86.87% of the stock is owned by institutional investors and hedge funds.

Unisys Trading Down 0.9 %

Unisys stock opened at $5.38 on Wednesday. The stock has a 50 day moving average of $5.76 and a two-hundred day moving average of $5.04. Unisys Co. has a twelve month low of $2.60 and a twelve month high of $8.12. The stock has a market capitalization of $372.45 million, a price-to-earnings ratio of -0.91, a PEG ratio of 1.79 and a beta of 0.78.

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

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Unisys from a “hold” rating to a “buy” rating in a report on Friday, October 25th.

Unisys Company 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.