New York State Common Retirement Fund Has $2.88 Million Position in Unisys Co. (NYSE:UIS)

New York State Common Retirement Fund lessened its holdings in shares of Unisys Co. (NYSE:UIS) by 2.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 512,061 shares of the information technology services provider’s stock after selling 15,550 shares during the period. New York State Common Retirement Fund owned approximately 0.75% of Unisys worth $2,878,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Nisa Investment Advisors LLC acquired a new stake in Unisys in the 4th quarter worth $34,000. MGO One Seven LLC bought a new stake in shares of Unisys in the third quarter valued at about $39,000. Diversified Trust Co acquired a new stake in Unisys during the fourth quarter worth about $104,000. Mackenzie Financial Corp increased its stake in Unisys by 365.2% during the fourth quarter. Mackenzie Financial Corp now owns 47,954 shares of the information technology services provider’s stock valued at $270,000 after acquiring an additional 37,646 shares during the period. Finally, Brown Advisory Inc. raised its holdings in Unisys by 25.1% in the 3rd quarter. Brown Advisory Inc. now owns 49,798 shares of the information technology services provider’s stock valued at $172,000 after acquiring an additional 10,000 shares in the last quarter. Institutional investors and hedge funds own 86.87% of the company’s stock.

Unisys Stock Performance

UIS opened at $5.38 on Tuesday. The stock has a market cap of $371.27 million, a PE ratio of -0.85 and a beta of 0.94. Unisys Co. has a 1 year low of $2.60 and a 1 year high of $8.12. The stock’s 50 day simple moving average is $5.29 and its 200-day simple moving average is $5.41. The company has a current ratio of 1.49, a quick ratio of 1.47 and a debt-to-equity ratio of 78.55.

Unisys (NYSE:UIS) last posted its quarterly earnings results on Wednesday, February 21st. The information technology services provider reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.31. Unisys had a negative net margin of 21.37% and a negative return on equity of 577.16%. The firm had revenue of $557.60 million during the quarter, compared to analyst estimates of $535.28 million. During the same quarter in the prior year, the business posted $1.22 earnings per share. The company’s quarterly revenue was up .1% compared to the same quarter last year. Sell-side analysts forecast that Unisys Co. will post -0.05 EPS for the current year.

Unisys 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.