Stock Worth Mentioning: Is Unisys Corporation a Buy? The Stock Rises Again

Stock Worth Mentioning: Is Unisys Corporation a Buy? The Stock Rises Again

The stock of Unisys Corporation (NYSE:UIS) is a huge mover today! About 1.07M shares traded hands or 9.61% up from the average. Unisys Corporation (NYSE:UIS) has risen 80.03% since April 20, 2016 and is uptrending. It has outperformed by 75.47% the S&P500.
The move comes after 8 months positive chart setup for the $710.65 million company. It was reported on Nov, 22 by Barchart.com. We have $15.66 PT which if reached, will make NYSE:UIS worth $56.85 million more.

Unisys Corporation (NYSE:UIS) Ratings Coverage

Out of 3 analysts covering Unisys Corporation (NYSE:UIS), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Unisys Corporation has been the topic of 3 analyst reports since December 22, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Tuesday, March 29 by Sidoti. Suntrust Robinson initiated the stock with “Buy” rating in Wednesday, June 22 report.

According to Zacks Investment Research, “Unisys is a worldwide technology services and solutions company. Unisys consultants apply Unisys expertise in consulting, systems integration, outsourcing, infrastructure, and server technology to help our clients achieve secure business operations. The company builds more secure organizations by creating visibility into clients’ business operations. Leveraging the Unisys 3D Visible Enterprise approach, we make visible the impact of their decisions–ahead of investments, opportunities and risks.”

Insitutional Activity: The institutional sentiment decreased to 1.15 in 2016 Q2. Its down 0.18, from 1.33 in 2016Q1. The ratio fall, as 21 funds sold all Unisys Corporation shares owned while 33 reduced positions. 18 funds bought stakes while 54 increased positions. They now own 50.44 million shares or 0.17% less from 50.52 million shares in 2016Q1.
Fairpointe Capital Limited Liability Co last reported 1.11% of its portfolio in the stock. Aston Asset Management Limited Liability Co, a Illinois-based fund reported 84,148 shares. Bankshares Of Ny Mellon has 204,340 shares for 0% of their US portfolio. Jacobs Levy Equity Management Inc has invested 0.08% of its portfolio in Unisys Corporation (NYSE:UIS). Credit Suisse Ag has 508,441 shares for 0% of their US portfolio. Blackrock Institutional Na owns 1.69M shares or 0% of their US portfolio. Diligent Limited Liability Co has 0.14% invested in the company for 19,733 shares. Pnc Grp Inc reported 1,535 shares or 0% of all its holdings. Hbk Investments L P reported 13,592 shares or 0% of all its holdings. Moreover, Dimensional Fund Advsrs Lp has 0.01% invested in Unisys Corporation (NYSE:UIS) for 1.32M shares. Springbok Limited Liability accumulated 0.04% or 40,506 shares. Moreover, Invesco has 0% invested in Unisys Corporation (NYSE:UIS) for 56,276 shares. Vertex One Asset Mngmt last reported 289,000 shares in the company. California State Teachers Retirement Systems, a California-based fund reported 105,343 shares. Us Bancorp De has 0% invested in the company for 77 shares.

Insider Transactions: Since August 18, 2016, the stock had 0 insider buys, and 1 sale for $398,579 net activity. Shares for $398,579 were sold by DAVIS NATHANIEL A on Thursday, August 18.

More notable recent Unisys Corporation (NYSE:UIS) news were published by: Fool.com which released: “Why Shares of Unisys Corporation Soared” on October 26, 2016, also Fool.com with their article: “Why Unisys Corporation Stock Plunged Today” published on March 09, 2016, Prnewswire.com published: “Unisys Joins Military Spouse Employment Partnership” on October 17, 2016. More interesting news about Unisys Corporation (NYSE:UIS) were released by: Prnewswire.com and their article: “Unisys Announces Third-Quarter 2016 Financial Results, Reaffirms Full-Year …” published on October 25, 2016 as well as Prnewswire.com‘s news article titled: “Chief Financial Officer (CFO) Janet Haugen to Retire from Unisys; Company …” with publication date: August 16, 2016.

UIS Company Profile

Unisys Corporation (Unisys), incorporated on February 22, 1984, is an information technology (IT) company. The Firm operates through two divisions: Services and Technology. The Firm specializes in providing integrated solutions to clients in the government, financial services and commercial markets. The Company’s offerings include cloud and infrastructure services, application services, security solutions and server technology. The primary vertical markets Unisys serves are government (including the United States federal government and other public sector organizations across the globe), commercial and financial services. It markets its services and products through a direct sales force. In certain foreign countries, it markets through distributors.

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