Virtu Financial LLC Acquires Shares of 10,871 Unisys Co. (NYSE:UIS)

Virtu Financial LLC bought a new position in shares of Unisys Co. (NYSE:UIS) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 10,871 shares of the information technology services provider’s stock, valued at approximately $62,000.

Several other large investors have also recently added to or reduced their stakes in the company. Point72 DIFC Ltd bought a new stake in shares of Unisys during the 2nd quarter worth approximately $30,000. nVerses Capital LLC bought a new stake in Unisys during the third quarter worth $36,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Unisys in the 2nd quarter valued at $41,000. Oak Thistle LLC bought a new position in shares of Unisys in the 2nd quarter valued at $52,000. Finally, Creative Planning acquired a new position in shares of Unisys during the 3rd quarter worth $58,000. Institutional investors own 86.87% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Unisys from a “buy” rating to a “hold” rating in a research note on Friday.

Unisys Trading Down 3.3 %

Shares of Unisys stock opened at $6.54 on Friday. The firm has a market capitalization of $453.63 million, a PE ratio of -1.16, a price-to-earnings-growth ratio of 1.52 and a beta of 0.75. The firm’s 50 day moving average is $7.25 and its 200 day moving average is $5.70. Unisys Co. has a 1 year low of $3.32 and a 1 year high of $8.93.

Unisys (NYSE:UIS) last announced its quarterly earnings results on Tuesday, October 29th. The information technology services provider reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.21). The firm 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%. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.33) earnings per share. As a group, research analysts anticipate that Unisys Co. will post 0.31 earnings per share 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.