Price Action To Observe: After Today’s Big Increase, Is Unisys Corporation’s Near-Term Analysis Positive?

Price Action To Observe: After Today's Big Increase, Is Unisys Corporation's Near Term Analysis Positive?

The stock of Unisys Corporation (NYSE:UIS) is a huge mover today! About 531,295 shares traded hands. Unisys Corporation (NYSE:UIS) has risen 72.76% since April 14, 2016 and is uptrending. It has outperformed by 68.08% the S&P500.
The move comes after 6 months positive chart setup for the $650.99 million company. It was reported on Nov, 16 by Barchart.com. We have $20.70 PT which if reached, will make NYSE:UIS worth $377.57 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 stock of Unisys Corporation (NYSE:UIS) has “Buy” rating given on Wednesday, June 22 by Suntrust Robinson. The firm has “Buy” rating given on Tuesday, March 29 by Sidoti.

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 1.33 in Q2 2016. Its down 0.84, from 2.17 in 2016Q1. The ratio is negative, 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.
Moreover, Spark Invest Mngmt Limited Liability Co has 0.02% invested in Unisys Corporation (NYSE:UIS) for 35,800 shares. Connor Clark Lunn Invest Ltd holds 757,592 shares or 0.04% of its portfolio. Bnp Paribas Arbitrage accumulated 14,472 shares or 0% of the stock. Goldman Sachs Group Incorporated holds 30,647 shares or 0% of its portfolio. Da Davidson & holds 0% of its portfolio in Unisys Corporation (NYSE:UIS) for 12,232 shares. Gsa Ptnrs Llp holds 12,781 shares or 0.01% of its portfolio. Boothbay Fund Ltd has invested 0.12% of its portfolio in Unisys Corporation (NYSE:UIS). Hsbc Hldgs Public Limited Company holds 0% or 74,640 shares in its portfolio. Strs Ohio last reported 0% of its portfolio in the stock. Art Limited Co has invested 0.01% of its portfolio in Unisys Corporation (NYSE:UIS). Creative Planning holds 0% of its portfolio in Unisys Corporation (NYSE:UIS) for 1,232 shares. Stifel accumulated 0% or 13,789 shares. Tfs Cap Ltd Liability Company holds 210,591 shares or 0.28% of its portfolio. Ubs Asset Mgmt Americas holds 0% of its portfolio in Unisys Corporation (NYSE:UIS) for 60,621 shares. The New York-based Amer Interest has invested 0% in Unisys Corporation (NYSE:UIS).

Insider Transactions: Since August 18, 2016, the stock had 0 buys, and 1 insider sale for $398,579 net activity. 38,200 Unisys Corporation (NYSE:UIS) shares with value of $398,579 were sold by DAVIS NATHANIEL A.

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 Announces Third-Quarter 2016 Financial Results, Reaffirms Full-Year …” on October 25, 2016. More interesting news about Unisys Corporation (NYSE:UIS) were released by: Prnewswire.com and their article: “Unisys Joins Military Spouse Employment Partnership” published on October 17, 2016 as well as Prnewswire.com‘s news article titled: “Unisys Announces Second-Quarter 2016 Financial Results” with publication date: July 26, 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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