Unisys Co. (NYSE:UIS) Short Interest Update

Unisys Co. (NYSE:UIS) saw a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 979,700 shares, a decrease of 19.0% from the October 15th total of 1,210,000 shares. Based on an average daily volume of 617,200 shares, the short-interest ratio is currently 1.6 days.

Unisys Trading Down 5.4 %

Shares of NYSE UIS traded down $0.43 during trading hours on Friday, hitting $7.49. The stock had a trading volume of 575,646 shares, compared to its average volume of 600,875. The firm’s 50-day moving average price is $6.29 and its two-hundred day moving average price is $5.23. Unisys has a 52 week low of $3.32 and a 52 week high of $8.49.

Unisys (NYSE:UIS) last announced its earnings results on Tuesday, October 29th. The information technology services provider reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.21). The company had revenue of $497.00 million for the quarter, compared to the consensus estimate of $486.50 million. Unisys had a negative return on equity of 27.42% and a negative net margin of 19.24%. The firm’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 company earned ($0.33) EPS. On average, research analysts predict that Unisys will post 0.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

Institutional Investors Weigh In On Unisys

A number of large investors have recently added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company boosted its holdings in Unisys by 8.5% in the second quarter. The Manufacturers Life Insurance Company now owns 27,123 shares of the information technology services provider’s stock valued at $112,000 after acquiring an additional 2,119 shares during the last quarter. Public Employees Retirement System of Ohio boosted its holdings in Unisys by 6.1% in the first quarter. Public Employees Retirement System of Ohio now owns 67,333 shares of the information technology services provider’s stock valued at $331,000 after acquiring an additional 3,886 shares during the last quarter. ProShare Advisors LLC boosted its holdings in Unisys by 49.1% in the second quarter. ProShare Advisors LLC now owns 17,812 shares of the information technology services provider’s stock valued at $74,000 after acquiring an additional 5,866 shares during the last quarter. nVerses Capital LLC bought a new position in Unisys in the third quarter valued at about $36,000. Finally, Newport Trust Company LLC boosted its holdings in Unisys by 0.5% in the second quarter. Newport Trust Company LLC now owns 1,304,955 shares of the information technology services provider’s stock valued at $5,389,000 after acquiring an additional 6,894 shares during the last quarter. Institutional investors own 86.87% of the company’s stock.

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.