50,340 Shares in Unisys Co. (NYSE:UIS) Acquired by EntryPoint Capital LLC

EntryPoint Capital LLC bought a new position in Unisys Co. (NYSE:UIS) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 50,340 shares of the information technology services provider’s stock, valued at approximately $319,000. EntryPoint Capital LLC owned approximately 0.07% of Unisys at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Diversified Trust Co boosted its stake in Unisys by 12.4% during the fourth quarter. Diversified Trust Co now owns 21,613 shares of the information technology services provider’s stock valued at $137,000 after buying an additional 2,380 shares during the period. SG Americas Securities LLC boosted its position in shares of Unisys by 17.7% during the 4th quarter. SG Americas Securities LLC now owns 26,899 shares of the information technology services provider’s stock valued at $170,000 after acquiring an additional 4,045 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Unisys by 3.2% during the fourth quarter. LPL Financial LLC now owns 160,384 shares of the information technology services provider’s stock worth $1,015,000 after purchasing an additional 5,033 shares in the last quarter. AlphaQuest LLC bought a new position in shares of Unisys in the fourth quarter worth approximately $39,000. Finally, Verition Fund Management LLC raised its stake in Unisys by 73.8% in the third quarter. Verition Fund Management LLC now owns 22,718 shares of the information technology services provider’s stock valued at $129,000 after purchasing an additional 9,645 shares in the last quarter. 86.87% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Unisys Price Performance

NYSE:UIS opened at $4.64 on Friday. The company has a market capitalization of $329.97 million, a price-to-earnings ratio of -1.64, a PEG ratio of 0.56 and a beta of 1.25. The business has a 50 day moving average of $5.48 and a 200 day moving average of $6.27. Unisys Co. has a 1-year low of $3.32 and a 1-year high of $8.93.

Unisys (NYSE:UIS) last announced its quarterly earnings data on Tuesday, February 18th. The information technology services provider reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. The firm had revenue of $545.40 million during the quarter, compared to analyst estimates 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 period in the previous year, the business posted $0.51 EPS. As a group, sell-side analysts anticipate that Unisys Co. will post 0.61 EPS for the current year.

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.