Legal & General Group Plc lessened its stake in shares of Unisys Co. (NYSE:UIS) by 1.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 107,944 shares of the information technology services provider’s stock after selling 1,918 shares during the quarter. Legal & General Group Plc’s holdings in Unisys were worth $1,246,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Unisys by 25.3% during the 3rd quarter. Vanguard Group Inc. now owns 7,942,893 shares of the information technology services provider’s stock worth $162,035,000 after buying an additional 1,601,496 shares during the last quarter. Vanguard Group Inc lifted its position in shares of Unisys by 25.3% during the 3rd quarter. Vanguard Group Inc now owns 7,942,893 shares of the information technology services provider’s stock worth $162,035,000 after buying an additional 1,601,496 shares during the last quarter. BlackRock Inc. lifted its position in shares of Unisys by 2.0% during the 4th quarter. BlackRock Inc. now owns 7,512,381 shares of the information technology services provider’s stock worth $87,371,000 after buying an additional 146,141 shares during the last quarter. Towle & Co. lifted its position in shares of Unisys by 1.3% during the 4th quarter. Towle & Co. now owns 2,389,268 shares of the information technology services provider’s stock worth $27,787,000 after buying an additional 29,810 shares during the last quarter. Finally, Portolan Capital Management LLC lifted its position in shares of Unisys by 5.3% during the 4th quarter. Portolan Capital Management LLC now owns 2,128,330 shares of the information technology services provider’s stock worth $24,752,000 after buying an additional 107,059 shares during the last quarter.

Several analysts have recently weighed in on the stock. ValuEngine upgraded shares of Unisys from a “hold” rating to a “buy” rating in a research report on Wednesday, January 2nd. Zacks Investment Research upgraded shares of Unisys from a “sell” rating to a “buy” rating and set a $14.00 price objective for the company in a research report on Friday, January 11th. Finally, SunTrust Banks cut their target price on shares of Unisys to $17.00 and set a “buy” rating on the stock in a report on Thursday, April 11th.

Shares of Unisys stock opened at $10.85 on Tuesday. The firm has a market capitalization of $552.54 million, a PE ratio of 5.56 and a beta of 1.45. Unisys Co. has a 12 month low of $10.46 and a 12 month high of $20.95.

Unisys (NYSE:UIS) last announced its earnings results on Tuesday, February 12th. The information technology services provider reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.31. The business had revenue of $760.90 million for the quarter, compared to analysts’ expectations of $752.00 million. Unisys had a net margin of 2.67% and a negative return on equity of 10.65%. The company’s quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.75 EPS. Analysts predict that Unisys Co. will post 1.97 earnings per share for the current fiscal year.

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Unisys Company Profile

Unisys Corporation operates as an information technology company worldwide. It operates in two segments, Services and Technology. The Services segment offers cloud and infrastructure services, application services, and business process outsourcing services. The Technology segment designs and develops software, and hardware and other related products.

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Institutional Ownership by Quarter for Unisys (NYSE:UIS)

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