New York State Common Retirement Fund Has $3.39 Million Holdings in Unisys Co. (NYSE:UIS)

New York State Common Retirement Fund increased its stake in Unisys Co. (NYSE:UIS) by 3.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 535,564 shares of the information technology services provider’s stock after purchasing an additional 16,321 shares during the quarter. New York State Common Retirement Fund’s holdings in Unisys were worth $3,390,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Diversified Trust Co boosted its stake in Unisys by 12.4% in the 4th quarter. Diversified Trust Co now owns 21,613 shares of the information technology services provider’s stock worth $137,000 after purchasing an additional 2,380 shares during the period. SG Americas Securities LLC boosted its stake 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 worth $170,000 after buying an additional 4,045 shares during the last quarter. Verition Fund Management LLC boosted its stake in shares of Unisys by 73.8% during the 3rd quarter. Verition Fund Management LLC now owns 22,718 shares of the information technology services provider’s stock worth $129,000 after buying an additional 9,645 shares during the last quarter. Calton & Associates Inc. acquired a new position in shares of Unisys during the 4th quarter worth about $63,000. Finally, Creative Planning acquired a new position in shares of Unisys during the 3rd quarter worth about $58,000. 86.87% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Unisys Price Performance

Unisys stock opened at $4.31 on Friday. The firm has a 50-day moving average of $6.34 and a 200-day moving average of $6.41. Unisys Co. has a one year low of $3.32 and a one year high of $8.93. The company has a market cap of $299.99 million, a price-to-earnings ratio of -1.52, a P/E/G ratio of 0.56 and a beta of 0.78.

Unisys (NYSE:UIS) last issued its earnings results on Tuesday, February 18th. The information technology services provider reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.03. Unisys had a negative net margin of 9.63% and a negative return on equity of 16.84%. The business had revenue of $545.40 million during the quarter, compared to the consensus estimate of $550.93 million. During the same period last year, the business posted $0.51 EPS. As a group, 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.