Level Four Advisory Services LLC Acquires New Position in Unisys Co. (NYSE:UIS)

Level Four Advisory Services LLC bought a new position in shares of Unisys Co. (NYSE:UIS) during the fourth quarter, Holdings Channel reports. The fund bought 18,552 shares of the information technology services provider’s stock, valued at approximately $117,000.

Several other institutional investors and hedge funds also recently bought and sold shares of UIS. AlphaQuest LLC purchased a new stake in shares of Unisys during the 4th quarter valued at approximately $39,000. Paloma Partners Management Co acquired a new stake in Unisys during the third quarter worth $60,000. Virtu Financial LLC purchased a new stake in Unisys in the third quarter valued at $62,000. Calton & Associates Inc. acquired a new position in shares of Unisys in the 4th quarter valued at $63,000. Finally, Glenmede Trust Co. NA purchased a new position in shares of Unisys during the 3rd quarter worth $68,000. 86.87% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

UIS has been the topic of several research analyst reports. StockNews.com upgraded shares of Unisys from a “hold” rating to a “buy” rating in a report on Thursday, February 13th. Canaccord Genuity Group reduced their price target on shares of Unisys from $7.00 to $6.50 and set a “hold” rating on the stock in a research note on Thursday, February 20th.

Unisys Stock Down 1.4 %

UIS opened at $4.53 on Wednesday. The firm has a market cap of $321.72 million, a P/E ratio of -1.60, a P/E/G ratio of 0.56 and a beta of 1.25. Unisys Co. has a 52 week low of $3.32 and a 52 week high of $8.93. The business has a fifty day simple moving average of $5.35 and a 200-day simple moving average of $6.26.

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

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.