Oxford Asset Management LLP Purchases Shares of 16,775 Unisys Co. (NYSE:UIS)

Oxford Asset Management LLP acquired a new stake in Unisys Co. (NYSE:UIS) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 16,775 shares of the information technology services provider’s stock, valued at approximately $106,000.

Other hedge funds also recently made changes to their positions in the company. Boothbay Fund Management LLC bought a new stake in Unisys during the fourth quarter worth about $68,000. Susquehanna Fundamental Investments LLC bought a new stake in Unisys during the fourth quarter worth about $1,260,000. Nebula Research & Development LLC lifted its position in Unisys by 30.3% during the fourth quarter. Nebula Research & Development LLC now owns 39,685 shares of the information technology services provider’s stock worth $251,000 after purchasing an additional 9,240 shares during the period. Price T Rowe Associates Inc. MD lifted its position in Unisys by 29.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 39,737 shares of the information technology services provider’s stock worth $252,000 after purchasing an additional 8,998 shares during the period. Finally, Hsbc Holdings PLC lifted its position in Unisys by 13.0% during the fourth quarter. Hsbc Holdings PLC now owns 34,241 shares of the information technology services provider’s stock worth $218,000 after purchasing an additional 3,937 shares during the period. 86.87% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Canaccord Genuity Group cut their price objective on shares of Unisys from $7.00 to $6.50 and set a “hold” rating for the company in a research report on Thursday, February 20th. StockNews.com raised shares of Unisys from a “hold” rating to a “buy” rating in a report on Thursday, February 13th.

Unisys Trading Down 2.5 %

UIS stock opened at $3.98 on Tuesday. The stock has a market capitalization of $282.85 million, a P/E ratio of -1.41, a price-to-earnings-growth ratio of 0.56 and a beta of 1.14. Unisys Co. has a 12 month low of $3.32 and a 12 month high of $8.93. The firm has a 50-day moving average price of $4.17 and a 200-day moving average price of $5.99.

Unisys (NYSE:UIS) last posted its earnings results on Tuesday, February 18th. The information technology services provider reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. The firm had revenue of $545.40 million during the quarter, compared to analysts’ expectations 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 quarter in the prior year, the business earned $0.51 earnings per share. As a group, equities analysts predict that Unisys Co. will post 0.61 EPS for the current fiscal year.

About Unisys

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.