Wealth Enhancement Advisory Services LLC Has $112,000 Stock Holdings in Unisys Corporation $UIS

Wealth Enhancement Advisory Services LLC lifted its position in shares of Unisys Corporation (NYSE:UIS) by 70.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,708 shares of the information technology services provider’s stock after purchasing an additional 10,185 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Unisys were worth $112,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. AlphaQuest LLC increased its stake in shares of Unisys by 56.9% during the 1st quarter. AlphaQuest LLC now owns 9,716 shares of the information technology services provider’s stock worth $45,000 after purchasing an additional 3,523 shares during the last quarter. Byrne Asset Management LLC acquired a new position in Unisys in the 2nd quarter valued at about $46,000. Pallas Capital Advisors LLC acquired a new position in Unisys in the 1st quarter valued at about $49,000. Grant GrossMendelsohn LLC acquired a new position in Unisys in the 1st quarter valued at about $60,000. Finally, Virtu Financial LLC grew its stake in Unisys by 18.6% in the 1st quarter. Virtu Financial LLC now owns 14,226 shares of the information technology services provider’s stock valued at $65,000 after buying an additional 2,230 shares during the last quarter. 86.87% of the stock is currently owned by institutional investors and hedge funds.

Unisys Stock Down 6.3%

NYSE UIS opened at $3.70 on Monday. The company has a market capitalization of $263.77 million, a P/E ratio of -3.14, a P/E/G ratio of 0.50 and a beta of 1.33. Unisys Corporation has a 12-month low of $3.56 and a 12-month high of $8.93. The firm has a 50-day moving average price of $3.93 and a two-hundred day moving average price of $4.25.

Unisys (NYSE:UIS) last posted its quarterly earnings data on Thursday, June 15th. The information technology services provider reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $446.70 million during the quarter. Unisys had a negative net margin of 4.16% and a negative return on equity of 12.55%. Equities analysts expect that Unisys Corporation will post 0.61 EPS for the current year.

Wall Street Analyst Weigh In

UIS has been the topic of a number of research reports. Wall Street Zen upgraded shares of Unisys from a “hold” rating to a “buy” rating in a research note on Saturday, September 20th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Unisys in a research note on Wednesday, October 8th. Needham & Company LLC initiated coverage on shares of Unisys in a research note on Wednesday, September 3rd. They issued a “buy” rating and a $6.00 price target on the stock. Jefferies Financial Group initiated coverage on shares of Unisys in a research note on Monday, September 22nd. They issued a “hold” rating and a $4.00 price target on the stock. Finally, Maxim Group upgraded shares of Unisys from a “hold” rating to a “buy” rating and set a $9.00 price target on the stock in a research note on Monday, August 4th. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $6.38.

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.