Unisys Co. (NYSE:UIS) Stock Holdings Increased by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd raised its holdings in shares of Unisys Co. (NYSE:UIS) by 95.8% during the 4th quarter, Holdings Channel reports. The fund owned 61,176 shares of the information technology services provider’s stock after purchasing an additional 29,928 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Unisys were worth $387,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. AlphaQuest LLC bought a new stake in shares of Unisys in the 4th quarter worth $39,000. Calton & Associates Inc. bought a new stake in shares of Unisys in the 4th quarter worth $63,000. Virtu Financial LLC bought a new stake in shares of Unisys in the 3rd quarter worth $62,000. Inceptionr LLC bought a new stake in shares of Unisys in the 4th quarter worth $72,000. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of Unisys in the 4th quarter worth $77,000. Institutional investors own 86.87% of the company’s stock.

Unisys Stock Up 6.2 %

Shares of NYSE UIS opened at $3.94 on Thursday. The stock has a market capitalization of $280.01 million, a price-to-earnings ratio of -1.39, a PEG ratio of 0.56 and a beta of 1.14. The stock’s fifty day simple moving average is $4.92 and its 200 day simple moving average is $6.16. Unisys Co. has a 52-week low of $3.32 and a 52-week high of $8.93.

Unisys (NYSE:UIS) last issued its earnings results on Tuesday, February 18th. The information technology services provider reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. Unisys had a negative return on equity of 16.84% and a negative net margin of 9.63%. The business had revenue of $545.40 million for the quarter, compared to analysts’ expectations of $550.93 million. During the same period in the previous year, the firm posted $0.51 EPS. As a group, analysts anticipate that Unisys Co. will post 0.61 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Canaccord Genuity Group dropped their price objective on Unisys from $7.00 to $6.50 and set a “hold” rating on the stock in a research note on Thursday, February 20th. StockNews.com upgraded Unisys from a “hold” rating to a “buy” rating in a report on Thursday, February 13th.

Unisys Company Profile

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.