Aristeia Capital adds Unisys Corporation (UIS) to its portfolio

Unisys Corporation (UIS) : Aristeia Capital added new position in Unisys Corporation during the most recent quarter end. The investment management firm now holds 235,000 shares of Unisys Corporation which is valued at $2,479,250 , the company said in a statement filed on Aug 15, 2016 with the SEC.Unisys Corporation makes up approximately 0.52% of Aristeia Capital’s portfolio.

Other Hedge Funds, Including , Panagora Asset Management Inc boosted its stake in UIS in the latest quarter, The investment management firm added 10,630 additional shares and now holds a total of 11,658 shares of Unisys Corporation which is valued at $122,992.Bnp Paribas Investment Partners S.a. boosted its stake in UIS in the latest quarter, The investment management firm added 27,500 additional shares and now holds a total of 221,400 shares of Unisys Corporation which is valued at $2,313,630. Unisys Corporation makes up approx 0.02% of Bnp Paribas Investment Partners S.a.’s portfolio.Glenmede Trust Co Na reduced its stake in UIS by selling 96 shares or 23.13% in the most recent quarter. The Hedge Fund company now holds 319 shares of UIS which is valued at $3,263. 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.

Unisys Corporation closed down -0.01 points or -0.10% at $10.09 with 3,69,438 shares getting traded on Thursday. Post opening the session at $10.17, the shares hit an intraday low of $10 and an intraday high of $10.19 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

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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