Unisys Co. (NYSE:UIS) Shares Sold by ExodusPoint Capital Management LP

ExodusPoint Capital Management LP lessened its stake in Unisys Co. (NYSE:UIS) by 43.2% during the 4th quarter, HoldingsChannel reports. The firm owned 25,444 shares of the information technology services provider’s stock after selling 19,381 shares during the quarter. ExodusPoint Capital Management LP’s holdings in Unisys were worth $161,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in UIS. 272 Capital LP purchased a new position in Unisys during the third quarter worth approximately $1,832,000. State Street Corp raised its stake in shares of Unisys by 13.2% during the 3rd quarter. State Street Corp now owns 1,612,970 shares of the information technology services provider’s stock worth $9,162,000 after buying an additional 188,630 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in shares of Unisys by 179.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 277,583 shares of the information technology services provider’s stock valued at $1,757,000 after buying an additional 178,295 shares in the last quarter. Trexquant Investment LP acquired a new stake in Unisys in the 4th quarter valued at $1,122,000. Finally, Vanguard Group Inc. increased its holdings in Unisys by 2.3% in the 4th quarter. Vanguard Group Inc. now owns 7,096,464 shares of the information technology services provider’s stock worth $44,921,000 after acquiring an additional 157,919 shares in the last quarter. Institutional investors and hedge funds own 86.87% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on UIS shares. StockNews.com raised shares of Unisys from a “hold” rating to a “buy” rating in a report on Thursday, February 13th. 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 research note on Thursday, February 20th.

Unisys Price Performance

Shares of NYSE:UIS opened at $3.92 on Tuesday. The business’s 50 day moving average price is $4.74 and its 200-day moving average price is $6.12. Unisys Co. has a 1 year low of $3.32 and a 1 year high of $8.93. The firm has a market capitalization of $278.59 million, a PE ratio of -1.39, a P/E/G ratio of 0.56 and a beta of 1.14.

Unisys (NYSE:UIS) last announced its 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 company 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 previous year, the company posted $0.51 EPS. As a group, analysts expect that Unisys Co. will post 0.61 earnings per share 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.