Kovack Advisors Inc. Has $4.32 Million Stock Position in Unisys Co. (NYSE:UIS)

Kovack Advisors Inc. reduced its position in shares of Unisys Co. (NYSE:UIS) by 4.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 768,400 shares of the information technology services provider’s stock after selling 35,600 shares during the period. Kovack Advisors Inc. owned approximately 1.12% of Unisys worth $4,318,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in Unisys by 1.9% during the third quarter. Vanguard Group Inc. now owns 6,019,993 shares of the information technology services provider’s stock valued at $20,769,000 after purchasing an additional 111,332 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in Unisys by 29.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,111,590 shares of the information technology services provider’s stock valued at $7,285,000 after purchasing an additional 480,534 shares in the last quarter. Acadian Asset Management LLC increased its holdings in shares of Unisys by 31.0% during the third quarter. Acadian Asset Management LLC now owns 1,795,757 shares of the information technology services provider’s stock worth $6,193,000 after buying an additional 425,103 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Unisys by 109.9% during the third quarter. AQR Capital Management LLC now owns 1,741,018 shares of the information technology services provider’s stock worth $6,007,000 after buying an additional 911,637 shares in the last quarter. Finally, Federated Hermes Inc. increased its holdings in shares of Unisys by 3.9% during the third quarter. Federated Hermes Inc. now owns 1,240,470 shares of the information technology services provider’s stock worth $4,280,000 after buying an additional 46,732 shares in the last quarter. 86.87% of the stock is currently owned by institutional investors and hedge funds.

Unisys Price Performance

Shares of NYSE:UIS remained flat at $5.46 during trading on Friday. 317,813 shares of the stock traded hands, compared to its average volume of 717,220. The stock has a fifty day simple moving average of $5.38 and a 200 day simple moving average of $5.30. The firm has a market cap of $376.79 million, a P/E ratio of -0.86 and a beta of 0.97. The company has a quick ratio of 1.47, a current ratio of 1.49 and a debt-to-equity ratio of 78.55. Unisys Co. has a 52 week low of $2.60 and a 52 week high of $8.12.

Unisys (NYSE:UIS) last announced its quarterly earnings results on Wednesday, February 21st. The information technology services provider reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.31. The company had revenue of $557.60 million during the quarter, compared to the consensus estimate of $535.28 million. Unisys had a negative net margin of 21.37% and a negative return on equity of 577.16%. The company’s revenue for the quarter was up .1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.22 earnings per share. As a group, sell-side analysts anticipate that Unisys Co. will post -0.05 earnings per share for the current year.

Unisys 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.