Unisys (UIS)

[chmcnfunds]

Unisys CEO J Edward Coleman Purchases 5,000 Shares (UIS)
Posted by Shane Hupp on Jul 31st, 2014 // No Comments

Unisys logoUnisys (NYSE:UIS) CEO J Edward Coleman bought 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 29th. The shares were purchased at an average price of $21.11 per share, with a total value of $105,550.00. Following the transaction, the chief executive officer now directly owns 239,311 shares of the company’s stock, valued at approximately $5,051,855. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Unisys (NYSE:UIS) opened at 21.18 on Thursday. Unisys has a 52-week low of $19.96 and a 52-week high of $36.05. The stock’s 50-day moving average is $24.03 and its 200-day moving average is $27.69. The company has a market cap of $1.077 billion and a P/E ratio of 24.57.

Unisys (NYSE:UIS) last posted its quarterly earnings results on Tuesday, July 22nd. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by $0.36. The company had revenue of $806.40 million for the quarter, compared to the consensus estimate of $851.65 million. During the same quarter in the previous year, the company posted $0.91 earnings per share. The company’s revenue for the quarter was down 6.1% on a year-over-year basis. Analysts expect that Unisys will post $0.18 EPS for the current fiscal year.

UIS has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Unisys from an “underperform” rating to a “neutral” rating in a research note on Thursday, July 24th. They now have a $21.00 price target on the stock. Analysts at Susquehanna upgraded shares of Unisys from a “neutral” rating to a “positive” rating in a research note on Thursday, July 24th. They now have a $32.00 price target on the stock.

Unisys Corporation is a worldwide information technology (NYSE:UIS) company.
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