BlackRock Inc. Has $256.60 Million Holdings in Unisys Co. (NYSE:UIS)

BlackRock Inc. lifted its stake in shares of Unisys Co. (NYSE:UIS) by 4.1% in the 1st quarter, Holdings Channel reports. The fund owned 10,094,520 shares of the information technology services provider’s stock after acquiring an additional 398,019 shares during the quarter. BlackRock Inc. owned 0.15% of Unisys worth $256,603,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Parkside Financial Bank & Trust boosted its stake in Unisys by 17.3% in the 4th quarter. Parkside Financial Bank & Trust now owns 3,114 shares of the information technology services provider’s stock worth $61,000 after purchasing an additional 460 shares during the period. NEXT Financial Group Inc lifted its holdings in shares of Unisys by 9.0% in the first quarter. NEXT Financial Group Inc now owns 6,048 shares of the information technology services provider’s stock valued at $154,000 after purchasing an additional 497 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its position in shares of Unisys by 2.0% during the first quarter. Oregon Public Employees Retirement Fund now owns 25,565 shares of the information technology services provider’s stock worth $650,000 after buying an additional 500 shares during the period. The Manufacturers Life Insurance Company grew its holdings in shares of Unisys by 2.6% during the fourth quarter. The Manufacturers Life Insurance Company now owns 36,886 shares of the information technology services provider’s stock worth $726,000 after buying an additional 927 shares in the last quarter. Finally, Swiss National Bank raised its position in Unisys by 0.9% in the 1st quarter. Swiss National Bank now owns 144,000 shares of the information technology services provider’s stock valued at $3,660,000 after buying an additional 1,300 shares during the last quarter. Institutional investors and hedge funds own 89.99% of the company’s stock.

NYSE:UIS opened at $26.82 on Friday. The firm has a market cap of $1.80 billion, a P/E ratio of -4.03 and a beta of 0.57. Unisys Co. has a twelve month low of $9.92 and a twelve month high of $28.60. The business’s 50 day moving average price is $25.10.

Unisys (NYSE:UIS) last announced its earnings results on Thursday, May 6th. The information technology services provider reported $0.46 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.06. The business had revenue of $509.80 million during the quarter, compared to analysts’ expectations of $505.70 million. Unisys had a negative net margin of 20.90% and a negative return on equity of 40.08%. The firm’s revenue was down 1.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.02 earnings per share.

In related news, SVP Gerald P. Kenney sold 12,790 shares of the business’s stock in a transaction on Monday, June 7th. The shares were sold at an average price of $27.72, for a total transaction of $354,538.80. Following the transaction, the senior vice president now directly owns 95,113 shares in the company, valued at $2,636,532.36. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Gerald P. Kenney sold 10,000 shares of the company’s stock in a transaction on Tuesday, May 4th. The stock was sold at an average price of $23.79, for a total transaction of $237,900.00. Following the sale, the senior vice president now directly owns 80,843 shares in the company, valued at $1,923,254.97. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 34,925 shares of company stock valued at $926,758. Company insiders own 2.50% of the company’s stock.

Unisys Company Profile

Unisys Corporation operates as an information technology services company worldwide. It operates in two segments, Services and Technology. The Services segment offers cloud and infrastructure services, application services, and business process outsourcing services. Its solutions include Unisys InteliServe, a service solution that transforms traditional service desk into an intelligent, user-centric experience aligned with the needs of the modern digital workplace; Unisys CloudForte, a comprehensive managed service offering to help accelerate the secure move of data and applications to the cloud; and Unisys Security Solutions, a portfolio that includes managed security services, security consulting services, the Unisys Incident Response Ecosystem subscription service, and the TrustCheck cyber risk management solution.

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Institutional Ownership by Quarter for Unisys (NYSE:UIS)

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