Gargoyle Investment Advisor L.L.C. continued to hold its stake in shares of Unisys Corporation (NYSE:UIS) during the second quarter, Holdings Channel reports. The firm owned 27,881 shares of the information technology services provider’s stock at the end of the second quarter. Gargoyle Investment Advisor L.L.C.’s holdings in Unisys Corporation were worth $357,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of UIS. JPMorgan Chase & Co. raised its stake in shares of Unisys Corporation by 36.8% in the first quarter. JPMorgan Chase & Co. now owns 4,753,446 shares of the information technology services provider’s stock worth $66,310,000 after buying an additional 1,279,885 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Unisys Corporation by 27.9% in the first quarter. Vanguard Group Inc. now owns 5,657,020 shares of the information technology services provider’s stock worth $78,915,000 after buying an additional 1,234,289 shares during the last quarter. Kennedy Capital Management Inc. raised its stake in shares of Unisys Corporation by 302.0% in the first quarter. Kennedy Capital Management Inc. now owns 696,729 shares of the information technology services provider’s stock worth $9,719,000 after buying an additional 523,430 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of Unisys Corporation by 556.7% in the first quarter. Wells Fargo & Company MN now owns 383,972 shares of the information technology services provider’s stock worth $5,357,000 after buying an additional 325,498 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in shares of Unisys Corporation by 112.1% in the first quarter. Bank of America Corp DE now owns 566,798 shares of the information technology services provider’s stock worth $7,907,000 after buying an additional 299,522 shares during the last quarter.

Unisys Corporation (UIS) opened at 8.40 on Tuesday. Unisys Corporation has a 12-month low of $7.95 and a 12-month high of $16.70. The company’s market cap is $423.94 million. The firm’s 50 day moving average is $11.79 and its 200 day moving average is $12.60.

Unisys Corporation (NYSE:UIS) last released its quarterly earnings data on Tuesday, August 1st. The information technology services provider reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by $0.34. Unisys Corporation had a negative net margin of 3.81% and a negative return on equity of 5.94%. The firm had revenue of $666.20 million during the quarter, compared to analysts’ expectations of $674.55 million. During the same period in the previous year, the firm posted $0.81 EPS. The firm’s quarterly revenue was down 11.0% on a year-over-year basis. Equities research analysts anticipate that Unisys Corporation will post ($1.94) EPS for the current fiscal year.

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A number of equities research analysts have issued reports on UIS shares. Zacks Investment Research lowered Unisys Corporation from a “hold” rating to a “strong sell” rating in a research note on Friday, August 4th. BidaskClub lowered Unisys Corporation from a “sell” rating to a “strong sell” rating in a research note on Friday. ValuEngine lowered Unisys Corporation from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 2nd. Finally, SunTrust Banks, Inc. set a $15.00 price target on Unisys Corporation and gave the stock a “buy” rating in a research note on Wednesday, August 2nd. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company’s stock. Unisys Corporation presently has an average rating of “Hold” and a consensus target price of $13.67.

In other Unisys Corporation news, Director Alison Davis sold 10,639 shares of Unisys Corporation stock in a transaction on Friday, June 2nd. The shares were sold at an average price of $12.35, for a total value of $131,391.65. Following the completion of the transaction, the director now owns 44,393 shares of the company’s stock, valued at $548,253.55. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.40% of the stock is currently owned by insiders.

Unisys Corporation Company Profile

Unisys Corporation (Unisys) is an information technology (IT) company. The Company operates through two segments: Services and Technology. The Company offers services, which include cloud and infrastructure services, application services and business process outsourcing services. In technology segment, the Company designs and develops software, servers and related products.

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Institutional Ownership by Quarter for Unisys Corporation (NYSE:UIS)

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