Unisys Co. (UIS) Shares Sold by Barrow Hanley Mewhinney & Strauss LLC

Barrow Hanley Mewhinney & Strauss LLC reduced its holdings in shares of Unisys Co. (NYSE:UIS) by 33.9% in the fourth quarter, Holdings Channel reports. The fund owned 221,983 shares of the information technology services provider’s stock after selling 113,630 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC’s holdings in Unisys were worth $1,809,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of Unisys by 18.7% during the 2nd quarter. Vanguard Group Inc. now owns 6,715,192 shares of the information technology services provider’s stock worth $85,954,000 after acquiring an additional 1,058,172 shares during the last quarter. Neuberger Berman Group LLC lifted its stake in shares of Unisys by 50.7% during the 3rd quarter. Neuberger Berman Group LLC now owns 1,496,334 shares of the information technology services provider’s stock worth $12,719,000 after acquiring an additional 503,443 shares during the last quarter. First Heartland Consultants Inc. lifted its stake in shares of Unisys by 24.8% during the 3rd quarter. First Heartland Consultants Inc. now owns 116,700 shares of the information technology services provider’s stock worth $992,000 after acquiring an additional 23,200 shares during the last quarter. GSA Capital Partners LLP lifted its stake in shares of Unisys by 112.7% during the 3rd quarter. GSA Capital Partners LLP now owns 117,952 shares of the information technology services provider’s stock worth $1,003,000 after acquiring an additional 62,500 shares during the last quarter. Finally, Towle & Co. lifted its stake in shares of Unisys by 31.0% during the 3rd quarter. Towle & Co. now owns 2,976,222 shares of the information technology services provider’s stock worth $25,298,000 after acquiring an additional 704,306 shares during the last quarter.

Shares of Unisys Co. (UIS) opened at $11.50 on Friday. The company has a current ratio of 1.37, a quick ratio of 1.33 and a debt-to-equity ratio of -0.38. The firm has a market capitalization of $580.44, a price-to-earnings ratio of -5.78 and a beta of 1.68. Unisys Co. has a 1 year low of $6.90 and a 1 year high of $15.15.

Unisys (NYSE:UIS) last issued its earnings results on Thursday, February 8th. The information technology services provider reported $1.75 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.73 by $1.02. The business had revenue of $746.60 million during the quarter, compared to analyst estimates of $704.07 million. Unisys had a negative return on equity of 10.45% and a negative net margin of 2.35%. Unisys’s revenue was up 3.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.60 EPS. equities research analysts predict that Unisys Co. will post 1.65 earnings per share for the current year.

A number of brokerages recently issued reports on UIS. Zacks Investment Research raised Unisys from a “sell” rating to a “hold” rating and set a $12.00 price target for the company in a research note on Tuesday, February 13th. Susquehanna Bancshares reissued a “neutral” rating on shares of Unisys in a research note on Monday, February 12th. UBS Group lowered Unisys from a “positive” rating to a “neutral” rating in a research note on Monday, February 12th. ValuEngine lowered Unisys from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 2nd. Finally, Loop Capital decreased their price target on Unisys from $12.00 to $9.00 and set a “hold” rating for the company in a research note on Tuesday, October 31st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $12.00.

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Unisys Profile

Unisys Corporation (Unisys) is an information technology (IT) company. The Company operates through two segments: Services and Technology. The Company offers services, which include cloud and infrastructure services, application services and business process outsourcing services. In technology segment, the Company designs and develops software, servers and related products.

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Institutional Ownership by Quarter for Unisys (NYSE:UIS)

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