Unisys Corp. (NYSE:UIS) traded up 2.9% during trading on Thursday . The company traded as high as $7.12 and last traded at $7.09, with a volume of 724,585 shares. The stock had previously closed at $6.89.

A number of equities research analysts have commented on the stock. Zacks Investment Research cut shares of Unisys Corp. from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 30th. SunTrust Banks Inc. assumed coverage on shares of Unisys Corp. in a research report on Tuesday, June 21st. They set a “buy” rating and a $11.00 price objective on the stock. Sidoti assumed coverage on shares of Unisys Corp. in a research report on Tuesday, March 29th. They set a “buy” rating and a $13.00 price objective on the stock. Finally, Susquehanna reduced their price objective on shares of Unisys Corp. from $19.00 to $12.00 in a research report on Monday, March 14th.

The stock’s 50 day moving average is $7.71 and its 200-day moving average is $8.63. The company’s market cap is $363.91 million.

Unisys Corp. (NYSE:UIS) last issued its quarterly earnings results on Thursday, April 21st. The company reported ($0.80) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.78) by $0.02. During the same quarter last year, the firm earned ($0.32) EPS. The firm earned $666.80 million during the quarter, compared to analyst estimates of $655.37 million. The business’s revenue was down 7.5% on a year-over-year basis. On average, equities analysts expect that Unisys Corp. will post ($0.74) EPS for the current year.

Other large investors have recently modified their holdings of the company. Royce & Associates LLC raised its stake in shares of Unisys Corp. by 30.7% in the fourth quarter. Royce & Associates LLC now owns 1,901,320 shares of the company’s stock worth $21,010,000 after buying an additional 447,146 shares in the last quarter. Glacier Peak Capital LLC raised its stake in shares of Unisys Corp. by 25.2% in the fourth quarter. Glacier Peak Capital LLC now owns 735,040 shares of the company’s stock worth $8,122,000 after buying an additional 148,126 shares in the last quarter. Numeric Investors LLC raised its stake in shares of Unisys Corp. by 228.2% in the fourth quarter. Numeric Investors LLC now owns 265,500 shares of the company’s stock worth $2,934,000 after buying an additional 184,600 shares in the last quarter. California Public Employees Retirement System raised its stake in shares of Unisys Corp. by 8.8% in the fourth quarter. California Public Employees Retirement System now owns 246,700 shares of the company’s stock worth $2,726,000 after buying an additional 20,000 shares in the last quarter. Finally, New York State Common Retirement Fund raised its stake in shares of Unisys Corp. by 291.6% in the fourth quarter. New York State Common Retirement Fund now owns 185,639 shares of the company’s stock worth $2,051,000 after buying an additional 138,239 shares in the last quarter.

Unisys Corporation is an information technology (IT) company. The Company operates through two segments. Its Services segment includes cloud and infrastructure services, application services and business process outsourcing services. In cloud and infrastructure services, it helps clients apply cloud and as-a-service delivery models to manage and secure their IT infrastructure and operations.

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