Bank of New York Mellon Corp lifted its position in shares of Unisys Corporation (NYSE:UIS) by 16.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 273,026 shares of the information technology services provider’s stock after buying an additional 39,457 shares during the period. Bank of New York Mellon Corp owned approximately 0.54% of Unisys Corporation worth $3,494,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. FMR LLC increased its holdings in shares of Unisys Corporation by 0.6% during the 1st quarter. FMR LLC now owns 7,559,565 shares of the information technology services provider’s stock worth $105,456,000 after buying an additional 47,067 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Unisys Corporation by 27.9% during the 1st quarter. Vanguard Group Inc. now owns 5,657,020 shares of the information technology services provider’s stock worth $78,915,000 after buying an additional 1,234,289 shares during the last quarter. Alliancebernstein L.P. increased its holdings in shares of Unisys Corporation by 2.1% during the 1st quarter. Alliancebernstein L.P. now owns 1,770,783 shares of the information technology services provider’s stock worth $24,702,000 after buying an additional 36,884 shares during the last quarter. State Street Corp increased its holdings in shares of Unisys Corporation by 4.2% during the 1st quarter. State Street Corp now owns 1,006,109 shares of the information technology services provider’s stock worth $14,031,000 after buying an additional 40,395 shares during the last quarter. Finally, Kennedy Capital Management Inc. increased its holdings in shares of Unisys Corporation by 302.0% during the 1st quarter. Kennedy Capital Management Inc. now owns 696,729 shares of the information technology services provider’s stock worth $9,719,000 after buying an additional 523,430 shares during the last quarter.

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Unisys Corporation (NYSE UIS) opened at 8.80 on Monday. The stock’s market cap is $444.13 million. The company’s 50 day moving average is $8.06 and its 200-day moving average is $11.06. Unisys Corporation has a 52-week low of $6.90 and a 52-week high of $16.70.

Unisys Corporation (NYSE:UIS) last released its quarterly earnings data on Tuesday, August 1st. The information technology services provider reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.34). Unisys Corporation had a negative return on equity of 5.94% and a negative net margin of 3.81%. The business had revenue of $666.20 million during the quarter, compared to analyst estimates of $674.55 million. During the same period in the previous year, the company earned $0.81 EPS. Unisys Corporation’s revenue was down 11.0% on a year-over-year basis. On average, equities analysts anticipate that Unisys Corporation will post ($1.94) earnings per share for the current year.

A number of analysts have recently issued reports on UIS shares. SunTrust Banks, Inc. set a $15.00 price target on shares of Unisys Corporation and gave the stock a “buy” rating in a report on Wednesday, August 2nd. BidaskClub downgraded shares of Unisys Corporation from a “sell” rating to a “strong sell” rating in a report on Friday, August 11th. ValuEngine downgraded shares of Unisys Corporation from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 2nd. Finally, Zacks Investment Research downgraded shares of Unisys Corporation from a “hold” rating to a “strong sell” rating in a report on Friday, August 4th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $15.00.

About Unisys Corporation

Unisys Corporation (Unisys) is an information technology (IT) company. The Company operates through two segments: Services and Technology. The Company offers services, which include cloud and infrastructure services, application services and business process outsourcing services. In technology segment, the Company designs and develops software, servers and related products.

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Institutional Ownership by Quarter for Unisys Corporation (NYSE:UIS)

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