Stifel Financial Corp purchased a new position in shares of Unisys Corporation (NYSE:UIS) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,947 shares of the information technology services provider’s stock, valued at approximately $141,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Bayesian Capital Management LP acquired a new position in shares of Unisys Corporation during the 2nd quarter worth about $157,000. Brandywine Global Investment Management LLC raised its position in shares of Unisys Corporation by 92.3% during the 2nd quarter. Brandywine Global Investment Management LLC now owns 27,285 shares of the information technology services provider’s stock worth $350,000 after purchasing an additional 13,095 shares during the last quarter. Voya Investment Management LLC raised its position in shares of Unisys Corporation by 9.8% during the 2nd quarter. Voya Investment Management LLC now owns 25,106 shares of the information technology services provider’s stock worth $321,000 after purchasing an additional 2,238 shares during the last quarter. Quantbot Technologies LP raised its position in shares of Unisys Corporation by 129.8% during the 2nd quarter. Quantbot Technologies LP now owns 27,370 shares of the information technology services provider’s stock worth $350,000 after purchasing an additional 15,460 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in shares of Unisys Corporation by 18.7% during the 2nd quarter. Vanguard Group Inc. now owns 6,715,192 shares of the information technology services provider’s stock worth $85,954,000 after purchasing an additional 1,058,172 shares during the last quarter.

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A number of analysts have commented on the stock. BidaskClub downgraded shares of Unisys Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. SunTrust Banks, Inc. set a $15.00 price objective on shares of Unisys Corporation and gave the company a “buy” rating in a report on Wednesday, August 2nd. ValuEngine downgraded shares of Unisys Corporation from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 2nd. Zacks Investment Research downgraded shares of Unisys Corporation from a “hold” rating to a “strong sell” rating in a report on Friday, August 4th. Finally, Loop Capital cut their price objective on shares of Unisys Corporation from $12.00 to $9.00 and set a “hold” rating for the company in a report on Tuesday, October 31st. One analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $12.00.

Shares of Unisys Corporation (NYSE UIS) opened at $7.90 on Thursday. The company has a market cap of $406.31, a PE ratio of 6.60 and a beta of 1.91. The company has a quick ratio of 1.33, a current ratio of 1.37 and a debt-to-equity ratio of -0.38. Unisys Corporation has a 1-year low of $6.90 and a 1-year high of $16.70.

Unisys Corporation (NYSE:UIS) last released its quarterly earnings data on Monday, October 30th. The information technology services provider reported $0.29 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.58) by $0.87. The company had revenue of $666.30 million during the quarter, compared to the consensus estimate of $637.10 million. Unisys Corporation had a negative net margin of 4.30% and a negative return on equity of 5.32%. Unisys Corporation’s quarterly revenue was down 2.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.41 EPS. equities research analysts expect that Unisys Corporation will post 1.39 earnings per share for the current year.

Unisys Corporation Company Profile

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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