California Public Employees Retirement System decreased its stake in Unisys Corporation (NYSE:UIS) by 16.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 444,800 shares of the information technology services provider’s stock after selling 85,600 shares during the period. California Public Employees Retirement System owned about 0.88% of Unisys Corporation worth $5,693,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of UIS. Bank of America Corp DE boosted its stake in shares of Unisys Corporation by 112.1% in the 1st quarter. Bank of America Corp DE now owns 566,798 shares of the information technology services provider’s stock valued at $7,907,000 after purchasing an additional 299,522 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Unisys Corporation by 2.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,881,766 shares of the information technology services provider’s stock valued at $62,488,000 after purchasing an additional 128,320 shares in the last quarter. Tudor Investment Corp ET AL boosted its stake in shares of Unisys Corporation by 20.9% in the 1st quarter. Tudor Investment Corp ET AL now owns 41,618 shares of the information technology services provider’s stock valued at $581,000 after purchasing an additional 7,185 shares in the last quarter. Strs Ohio boosted its stake in shares of Unisys Corporation by 9.0% in the 2nd quarter. Strs Ohio now owns 59,600 shares of the information technology services provider’s stock valued at $762,000 after purchasing an additional 4,900 shares in the last quarter. Finally, First Quadrant L P CA purchased a new stake in shares of Unisys Corporation in the 2nd quarter valued at $271,000.

Shares of Unisys Corporation (NYSE:UIS) opened at 8.80 on Tuesday. Unisys Corporation has a 52 week low of $6.90 and a 52 week high of $16.70. The stock’s market cap is $444.13 million. The stock has a 50 day moving average of $8.29 and a 200-day moving average of $10.82.

Unisys Corporation (NYSE:UIS) last announced its quarterly earnings results on Tuesday, August 1st. The information technology services provider reported $0.03 earnings per share 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 the consensus estimate of $674.55 million. During the same quarter in the prior year, the firm posted $0.81 EPS. The company’s revenue for the quarter was down 11.0% on a year-over-year basis. Equities research analysts predict that Unisys Corporation will post ($1.94) earnings per share for the current fiscal year.

A number of brokerages have recently issued reports on UIS. BidaskClub cut shares of Unisys Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. ValuEngine raised shares of Unisys Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, September 26th. Zacks Investment Research raised shares of Unisys Corporation from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 3rd. Finally, SunTrust Banks, Inc. set a $15.00 price objective on shares of Unisys Corporation and gave the company a “buy” rating in a research note on Wednesday, August 2nd. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $15.00.

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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.

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

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