Prudential Financial Inc. Cuts Position in Unisys Co. (NYSE:UIS)

Prudential Financial Inc. lowered its position in Unisys Co. (NYSE:UIS – Free Report) by 22.

6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 261,407 shares of the information technology services provider’s stock after selling 76,500 shares during the quarter. Prudential Financial Inc.



owned approximately 0.38% of Unisys worth $1,655,000 as of its most recent SEC filing. Several other institutional investors and hedge funds also recently added to or reduced their stakes in UIS.

Diversified Trust Co raised its holdings in shares of Unisys by 12.4% in the 4th quarter. Diversified Trust Co now owns 21,613 shares of the information technology services provider’s stock valued at $137,000 after purchasing an additional 2,380 shares in the last quarter.

SG Americas Securities LLC raised its stake in Unisys by 17.7% in the fourth quarter. SG Americas Securities LLC now owns 26,899 shares of the information technology services provider’s stock valued at $170,000 after buying an additional 4,045 shares in the last quarter.

LPL Financial LLC lifted its holdings in Unisys by 3.2% during the 4th quarter. LPL Financial LLC now owns 160,384 shares of the information technology services provider’s stock worth $1,015,000 after buying an additional 5,033 shares during the last quarter.

AlphaQuest LLC acquired a new position in shares of Unisys during the 4th quarter worth about $39,000. Finally, Verition Fund Management LLC increased its holdings in shares of Unisys by 73.8% in the 3rd quarter.

Verition Fund Management LLC now owns 22,718 shares of the information technology services provider’s stock valued at $129,000 after acquiring an additional 9,645 shares during the last quarter. Institutional investors and hedge funds own 86.87% of the company’s stock.

Unisys Stock Down 5.0 %Shares of NYSE UIS opened at $3.93 on Friday.

The stock has a market cap of $278.94 million, a PE ratio of -1.39, a price-to-earnings-growth ratio of 0.

56 and a beta of 1.25. Unisys Co.

has a 52-week low of $3.32 and a 52-week high of $8.93.

The business has a 50-day moving average price of $5.20 and a 200 day moving average price of $6.23.

Unisys (NYSE:UIS – Get Free Report) 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 analysts’ consensus estimates of $0.

30 by $0.03. The business had revenue of $545.

40 million for the quarter, compared to analyst estimates 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 period last year, the firm posted $0.

51 earnings per share. Sell-side analysts anticipate that Unisys Co. will post 0.

61 earnings per share for the current year. Analyst Ratings ChangesA number of equities analysts recently issued reports on the company. Canaccord Genuity Group lowered their price target on Unisys from $7.

00 to $6.50 and set a “hold” rating for the company in a report on Thursday, February 20th. StockNews.

com raised shares of Unisys from a “hold” rating to a “buy” rating in a research report on Thursday, February 13th.Read Our Latest Analysis on UISUnisys Profile (Free Report)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.

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