Nkcfo LLC Buys New Holdings in Unisys Co. (NYSE:UIS)

Nkcfo LLC bought a new position in Unisys Co. (NYSE:UIS) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 20,000 shares of the information technology services provider’s stock, valued at approximately $112,000.

A number of other hedge funds have also recently modified their holdings of the company. SG Americas Securities LLC raised its stake in Unisys by 52.4% in the third quarter. SG Americas Securities LLC now owns 75,686 shares of the information technology services provider’s stock worth $261,000 after buying an additional 26,013 shares in the last quarter. Brown Advisory Inc. boosted its holdings in shares of Unisys by 25.1% during the 3rd quarter. Brown Advisory Inc. now owns 49,798 shares of the information technology services provider’s stock valued at $172,000 after buying an additional 10,000 shares in the last quarter. Strs Ohio increased its stake in shares of Unisys by 9.7% in the 3rd quarter. Strs Ohio now owns 142,100 shares of the information technology services provider’s stock worth $490,000 after acquiring an additional 12,600 shares in the last quarter. Parcion Private Wealth LLC boosted its stake in Unisys by 47.3% during the third quarter. Parcion Private Wealth LLC now owns 172,747 shares of the information technology services provider’s stock worth $596,000 after acquiring an additional 55,458 shares in the last quarter. Finally, MGO One Seven LLC purchased a new stake in Unisys in the third quarter worth about $39,000. Hedge funds and other institutional investors own 86.87% of the company’s stock.

Unisys Stock Down 3.1 %

Shares of UIS stock traded down $0.16 during trading hours on Friday, hitting $5.08. 666,614 shares of the company’s stock traded hands, compared to its average volume of 534,388. The company has a quick ratio of 1.47, a current ratio of 1.49 and a debt-to-equity ratio of 78.55. The stock’s fifty day simple moving average is $5.29 and its two-hundred day simple moving average is $5.39. Unisys Co. has a 12-month low of $2.60 and a 12-month high of $8.12. The stock has a market cap of $350.57 million, a price-to-earnings ratio of -0.80 and a beta of 0.94.

Unisys (NYSE:UIS) last announced its quarterly earnings data on Wednesday, February 21st. The information technology services provider reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.31. Unisys had a negative return on equity of 577.16% and a negative net margin of 21.37%. The business had revenue of $557.60 million during the quarter, compared to analysts’ expectations of $535.28 million. During the same quarter in the previous year, the business earned $1.22 earnings per share. The firm’s quarterly revenue was up .1% compared to the same quarter last year. On average, analysts expect that Unisys Co. will post -0.05 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.