Glacier Peak Capital buys $6,809,571 stake in Unisys Corporation (UIS)

Unisys Corporation (UIS) : Glacier Peak Capital scooped up 7,500 additional shares in Unisys Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 645,457 shares of Unisys Corporation which is valued at $6,809,571.Unisys Corporation makes up approximately 6.80% of Glacier Peak Capital’s portfolio.

Other Hedge Funds, Including , Bogle Investment Management L P De reduced its stake in UIS by selling 300,930 shares or 34.11% in the most recent quarter. The Hedge Fund company now holds 581,251 shares of UIS which is valued at $6,132,198. Unisys Corporation makes up approx 0.38% of Bogle Investment Management L P De’s portfolio. Gsa Capital Partners Llp added UIS to its portfolio by purchasing 12,781 company shares during the most recent quarter which is valued at $130,750. Unisys Corporation makes up approx 0.01% of Gsa Capital Partners Llp’s portfolio. Spot Trading L.l.c sold out all of its stake in UIS during the most recent quarter. The investment firm sold 33 shares of UIS which is valued $334. Trust Asset Management added UIS to its portfolio by purchasing 32 company shares during the most recent quarter which is valued at $244.

Unisys Corporation opened for trading at $10.16 and hit $10.25 on the upside on Monday, eventually ending the session at $10.2, with a gain of 0.20% or 0.02 points. The heightened volatility saw the trading volume jump to 4,67,493 shares. Company has a market cap of $511 M.

On the company’s financial health, Unisys Corporation reported $0.11 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Apr 21, 2016. Analyst had a consensus of $0.06. The company had revenue of $666.80 million for the quarter, compared to analysts expectations of $655.37 million. The company’s revenue was down -7.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.32 EPS.

Many Wall Street Analysts have commented on Unisys Corporation. Unisys Corporation was Initiated by SunTrust to “Buy” on Jun 22, 2016.

Unisys Corporation is a global Information Technology (IT) company. The Company provides outsourcing and managed services systems integration and consulting services server technology cybersecurity and cloud management software and maintenance and infrastructure support services. The Company operates through two segments: Services and Technology. The Company’s services include outsourcing systems integration and consulting infrastructure services and maintenance. The Company’s Technology segment designs and develops software servers and related products. The Company’s product offerings include enterprise-class servers such as the ClearPath family of servers the Forward! by Unisys line of fabric servers and the ES family of servers; the Unisys Stealth family of cybersecurity software and operating system software and middleware.

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