Virtu Financial LLC Makes New $62,000 Investment in Unisys Co. (NYSE:UIS)

Virtu Financial LLC purchased a new stake in Unisys Co. (NYSE:UIS) in the 3rd quarter, HoldingsChannel reports. The fund purchased 10,871 shares of the information technology services provider’s stock, valued at approximately $62,000.

A number of other hedge funds also recently made changes to their positions in the stock. Point72 DIFC Ltd bought a new stake in Unisys in the second quarter valued at approximately $30,000. nVerses Capital LLC acquired a new position in shares of Unisys in the 3rd quarter worth approximately $36,000. Cubist Systematic Strategies LLC bought a new stake in shares of Unisys in the 2nd quarter valued at $41,000. Oak Thistle LLC bought a new stake in Unisys during the second quarter valued at $52,000. Finally, Creative Planning bought a new stake in shares of Unisys during the 3rd quarter valued at about $58,000. 86.87% of the stock is currently owned by institutional investors.

Unisys Stock Down 3.3 %

Unisys stock opened at $6.54 on Friday. The company has a market capitalization of $453.63 million, a PE ratio of -1.16, a PEG ratio of 1.52 and a beta of 0.75. Unisys Co. has a 12-month low of $3.32 and a 12-month high of $8.93. The firm’s fifty day moving average is $7.25 and its 200 day moving average is $5.70.

Unisys (NYSE:UIS) last announced its quarterly earnings data on Tuesday, October 29th. The information technology services provider reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.21). The company had revenue of $497.00 million for the quarter, compared to analyst estimates of $486.50 million. Unisys had a negative net margin of 19.24% and a negative return on equity of 27.42%. Unisys’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.33) EPS. Sell-side analysts expect that Unisys Co. will post 0.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Unisys from a “buy” rating to a “hold” rating in a report on Friday.

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.