Adams Asset Advisors LLC raised its stake in shares of Unisys Corporation (NYSE:UIS) by 13.4% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 72,593 shares of the information technology services provider’s stock after buying an additional 8,583 shares during the period. Adams Asset Advisors LLC owned about 0.14% of Unisys Corporation worth $929,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of UIS. Quantbot Technologies LP raised its position in Unisys Corporation by 976.9% in the first quarter. Quantbot Technologies LP now owns 11,910 shares of the information technology services provider’s stock valued at $166,000 after buying an additional 10,804 shares during the period. Legal & General Group Plc raised its position in Unisys Corporation by 7.1% in the first quarter. Legal & General Group Plc now owns 12,452 shares of the information technology services provider’s stock valued at $175,000 after buying an additional 821 shares during the period. FNY Partners Fund LP purchased a new position in Unisys Corporation during the first quarter valued at $174,000. Federated Investors Inc. PA purchased a new position in Unisys Corporation during the fourth quarter valued at $198,000. Finally, Stoneridge Investment Partners LLC purchased a new position in Unisys Corporation during the first quarter valued at $203,000.

Shares of Unisys Corporation (NYSE UIS) opened at 8.80 on Tuesday. The stock has a 50 day moving average price of $12.76 and a 200 day moving average price of $12.90. The firm’s market capitalization is $443.85 million. Unisys Corporation has a 12-month low of $8.50 and a 12-month high of $16.70.

Unisys Corporation (NYSE:UIS) last posted its earnings results on Tuesday, August 1st. The information technology services provider reported $0.03 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by $0.34. The business had revenue of $666.20 million for the quarter, compared to the consensus estimate of $674.55 million. Unisys Corporation had a negative return on equity of 5.94% and a negative net margin of 3.81%. The business’s revenue was down 11.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.81 earnings per share. Equities analysts anticipate that Unisys Corporation will post ($1.94) earnings per share for the current fiscal year.

WARNING: “Adams Asset Advisors LLC Buys 8,583 Shares of Unisys Corporation (UIS)” was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this report on another publication, it was illegally stolen and republished in violation of United States & international copyright law. The correct version of this report can be accessed at https://www.thecerbatgem.com/2017/08/08/unisys-corporation-uis-shares-bought-by-adams-asset-advisors-llc-updated-updated-updated.html.

UIS has been the topic of a number of recent research reports. Zacks Investment Research lowered shares of Unisys Corporation from a “hold” rating to a “strong sell” rating in a research note on Friday. SunTrust Banks, Inc. set a $15.00 target price on shares of Unisys Corporation and gave the stock a “buy” rating in a research note on Wednesday, August 2nd. BidaskClub lowered shares of Unisys Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. Finally, ValuEngine lowered shares of Unisys Corporation from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 2nd. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $13.67.

In other Unisys Corporation news, Director Alison Davis sold 10,639 shares of Unisys Corporation stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of $12.35, for a total transaction of $131,391.65. Following the transaction, the director now directly owns 44,393 shares in the company, valued at $548,253.55. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 1.40% of the company’s stock.

Unisys Corporation Company 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.

Institutional Ownership by Quarter for Unisys Corporation (NYSE:UIS)

Receive News & Stock Ratings for Unisys Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unisys Corporation and related stocks with our FREE daily email newsletter.