Unisys Corporation (NYSE:UIS) Given Average Rating of “Hold” by Analysts

Unisys Corporation (NYSE:UIS) has been given an average recommendation of “Hold” by the six analysts that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $5.8750.

Several brokerages have recently commented on UIS. Needham & Company LLC reduced their price target on shares of Unisys from $6.00 to $4.00 and set a “buy” rating on the stock in a research report on Thursday, November 6th. Wall Street Zen cut Unisys from a “buy” rating to a “hold” rating in a research note on Saturday, October 25th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Unisys in a report on Wednesday, October 8th. William Blair began coverage on Unisys in a research report on Wednesday, December 10th. They issued an “outperform” rating for the company. Finally, Jefferies Financial Group started coverage on Unisys in a report on Monday, September 22nd. They issued a “hold” rating and a $4.00 price target for the company.

Unisys Trading Down 0.9%

Shares of NYSE:UIS opened at $2.86 on Wednesday. The firm has a market cap of $203.59 million, a PE ratio of -0.62, a price-to-earnings-growth ratio of 0.29 and a beta of 1.46. The company has a fifty day simple moving average of $3.11 and a 200 day simple moving average of $3.78. Unisys has a 12-month low of $2.37 and a 12-month high of $7.54.

Unisys (NYSE:UIS) last announced its quarterly earnings data on Thursday, June 15th. The information technology services provider reported ($0.02) earnings per share for the quarter. The company had revenue of $446.70 million for the quarter. Unisys had a negative return on equity of 11.31% and a negative net margin of 17.10%. As a group, equities research analysts forecast that Unisys will post 0.61 EPS for the current fiscal year.

Institutional Trading of Unisys

A number of institutional investors and hedge funds have recently modified their holdings of the business. Virtu Financial LLC raised its holdings in shares of Unisys by 18.6% in the 1st quarter. Virtu Financial LLC now owns 14,226 shares of the information technology services provider’s stock worth $65,000 after purchasing an additional 2,230 shares in the last quarter. HighTower Advisors LLC grew its position in Unisys by 22.5% in the first quarter. HighTower Advisors LLC now owns 14,400 shares of the information technology services provider’s stock worth $66,000 after buying an additional 2,643 shares during the last quarter. Cerity Partners LLC grew its position in Unisys by 12.4% in the second quarter. Cerity Partners LLC now owns 24,664 shares of the information technology services provider’s stock worth $112,000 after buying an additional 2,728 shares during the last quarter. AlphaQuest LLC increased its holdings in shares of Unisys by 56.9% in the first quarter. AlphaQuest LLC now owns 9,716 shares of the information technology services provider’s stock valued at $45,000 after buying an additional 3,523 shares in the last quarter. Finally, Intech Investment Management LLC lifted its position in shares of Unisys by 12.1% during the 2nd quarter. Intech Investment Management LLC now owns 37,129 shares of the information technology services provider’s stock valued at $168,000 after acquiring an additional 4,007 shares during the last quarter. 86.87% of the stock is owned by institutional investors and hedge funds.

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.