Fox Run Management L.L.C. Has $127,000 Holdings in Unisys Co. (NYSE:UIS)

Fox Run Management L.L.C. cut its stake in Unisys Co. (NYSE:UIS) by 58.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,087 shares of the information technology services provider’s stock after selling 28,632 shares during the period. Fox Run Management L.L.C.’s holdings in Unisys were worth $127,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Unisys by 143.8% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 87,052 shares of the information technology services provider’s stock worth $494,000 after buying an additional 51,339 shares during the period. Intech Investment Management LLC bought a new position in shares of Unisys during the third quarter valued at about $80,000. Glenmede Trust Co. NA purchased a new position in shares of Unisys in the 3rd quarter worth approximately $68,000. Martingale Asset Management L P grew its stake in Unisys by 16.7% in the 3rd quarter. Martingale Asset Management L P now owns 135,718 shares of the information technology services provider’s stock valued at $771,000 after purchasing an additional 19,457 shares during the period. Finally, Verition Fund Management LLC increased its holdings in Unisys by 73.8% during the third quarter. Verition Fund Management LLC now owns 22,718 shares of the information technology services provider’s stock worth $129,000 after buying an additional 9,645 shares during the last quarter. 86.87% of the stock is currently owned by institutional investors and hedge funds.

Unisys Stock Performance

Shares of NYSE:UIS opened at $4.62 on Friday. The firm has a market capitalization of $328.55 million, a PE ratio of -1.63, a price-to-earnings-growth ratio of 0.56 and a beta of 1.25. Unisys Co. has a 52-week low of $3.32 and a 52-week high of $8.93. The firm has a fifty day moving average of $5.44 and a 200 day moving average of $6.26.

Unisys (NYSE:UIS) last announced its quarterly earnings data on Tuesday, February 18th. The information technology services provider reported $0.33 EPS for the quarter, beating the consensus estimate of $0.30 by $0.03. The firm had revenue of $545.40 million for the quarter, compared to analyst estimates of $550.93 million. Unisys had a negative return on equity of 16.84% and a negative net margin of 9.63%. During the same period in the prior year, the company earned $0.51 EPS. On average, sell-side analysts forecast that Unisys Co. will post 0.61 EPS for the current fiscal year.

Analysts Set New Price Targets

UIS has been the subject of several recent research reports. Canaccord Genuity Group decreased their price objective on Unisys from $7.00 to $6.50 and set a “hold” rating for the company in a report on Thursday, February 20th. StockNews.com upgraded Unisys from a “hold” rating to a “buy” rating in a research report on Thursday, February 13th.

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.