Vertex One Asset Management Inc. boosted its position in Unisys Co. (NYSE:UIS) by 19.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 406,479 shares of the information technology services provider’s stock after purchasing an additional 65,278 shares during the quarter. Vertex One Asset Management Inc.’s holdings in Unisys were worth $3,313,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Teacher Retirement System of Texas bought a new stake in shares of Unisys during the 4th quarter valued at $140,000. Voya Investment Management LLC lifted its position in shares of Unisys by 9.8% during the 2nd quarter. Voya Investment Management LLC now owns 25,106 shares of the information technology services provider’s stock valued at $321,000 after acquiring an additional 2,238 shares during the period. Engineers Gate Manager LP lifted its position in shares of Unisys by 300.9% during the 4th quarter. Engineers Gate Manager LP now owns 40,821 shares of the information technology services provider’s stock valued at $333,000 after acquiring an additional 30,639 shares during the period. First Trust Advisors LP bought a new stake in shares of Unisys during the 3rd quarter valued at $338,000. Finally, Stone Ridge Asset Management LLC bought a new stake in shares of Unisys during the 4th quarter valued at $370,000.
Unisys Co. (NYSE UIS) traded up $0.15 during trading hours on Monday, hitting $11.45. The stock had a trading volume of 64,581 shares, compared to its average volume of 569,934. The company has a market cap of $570.35, a P/E ratio of 4.77 and a beta of 1.32. The company has a current ratio of 1.37, a quick ratio of 1.33 and a debt-to-equity ratio of -0.38. Unisys Co. has a 1 year low of $6.90 and a 1 year high of $15.15.
A number of analysts have recently weighed in on UIS shares. ValuEngine upgraded Unisys from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Zacks Investment Research downgraded Unisys from a “hold” rating to a “strong sell” rating in a research report on Friday, December 15th. UBS Group downgraded Unisys from a “positive” rating to a “neutral” rating in a research report on Monday, February 12th. Finally, Susquehanna Bancshares reiterated a “neutral” rating on shares of Unisys in a research report on Monday, February 12th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $12.00.
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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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