Barclays PLC Boosts Holdings in Unisys Co. (NYSE:UIS)

Barclays PLC boosted its position in Unisys Co. (NYSE:UIS) by 127.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 126,819 shares of the information technology services provider’s stock after purchasing an additional 71,093 shares during the quarter. Barclays PLC’s holdings in Unisys were worth $722,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the company. Point72 DIFC Ltd bought a new position in shares of Unisys in the 2nd quarter worth $30,000. nVerses Capital LLC bought a new position in shares of Unisys in the 3rd quarter worth $36,000. Cubist Systematic Strategies LLC bought a new position in shares of Unisys in the 2nd quarter worth $41,000. Creative Planning bought a new position in shares of Unisys in the 3rd quarter worth $58,000. Finally, Paloma Partners Management Co bought a new position in shares of Unisys in the 3rd quarter worth $60,000. 86.87% of the stock is currently owned by hedge funds and other institutional investors.

Unisys Price Performance

Shares of NYSE:UIS opened at $6.62 on Thursday. The company’s fifty day moving average price is $7.25 and its 200-day moving average price is $6.00. The firm has a market capitalization of $459.18 million, a price-to-earnings ratio of -1.17, a PEG ratio of 1.52 and a beta of 0.79. Unisys Co. has a one year low of $3.32 and a one year high of $8.93.

Unisys (NYSE:UIS) last released its earnings results on Tuesday, October 29th. The information technology services provider reported ($0.08) EPS for the quarter, missing the consensus estimate of $0.13 by ($0.21). Unisys had a negative net margin of 19.24% and a negative return on equity of 27.42%. The business had revenue of $497.00 million for the quarter, compared to the consensus estimate of $486.50 million. During the same period in the prior year, the business posted ($0.33) EPS. Unisys’s revenue for the quarter was up 7.0% on a year-over-year basis. As a group, equities research analysts expect that Unisys Co. will post 0.31 EPS for the current year.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Unisys from a “buy” rating to a “hold” rating in a report on Monday.

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.