Unisys (UIS) Forms $7.90 Double Bottom; Pitcairn Company Has Lowered Metlife (MET) Position By $601,236

December 7, 2017 - By Louis Casey

Unisys Corporation (UIS) formed double bottom with $7.27 target or 8.00% below today’s $7.90 share price. Unisys Corporation (UIS) has $398.74M valuation. The stock increased 1.28% or $0.1 during the last trading session, reaching $7.9. About 45,621 shares traded. Unisys Corporation (NYSE:UIS) has risen 62.29% since December 7, 2016 and is uptrending. It has outperformed by 45.59% the S&P500.

Pitcairn Company decreased Metlife Inc (MET) stake by 27.49% reported in 2017Q2 SEC filing. Pitcairn Company sold 11,134 shares as Metlife Inc (MET)’s stock declined 4.70%. The Pitcairn Company holds 29,375 shares with $1.61M value, down from 40,509 last quarter. Metlife Inc now has $56.42B valuation. The stock increased 1.17% or $0.62 during the last trading session, reaching $53.62. About 770,793 shares traded. MetLife, Inc. (NYSE:MET) has risen 13.92% since December 7, 2016 and is uptrending. It has underperformed by 2.78% the S&P500.

Analysts await Unisys Corporation (NYSE:UIS) to report earnings on January, 25. They expect $0.78 EPS, up 30.00% or $0.18 from last year’s $0.6 per share. UIS’s profit will be $39.37 million for 2.53 P/E if the $0.78 EPS becomes a reality. After $0.29 actual EPS reported by Unisys Corporation for the previous quarter, Wall Street now forecasts 168.97% EPS growth.

Investors sentiment decreased to 1.26 in 2017 Q2. Its down 0.03, from 1.29 in 2017Q1. It is negative, as 19 investors sold Unisys Corporation shares while 39 reduced holdings. 21 funds opened positions while 52 raised stakes. 55.72 million shares or 2.34% more from 54.45 million shares in 2017Q1 were reported. Engineers Gate Manager L P owns 0.06% invested in Unisys Corporation (NYSE:UIS) for 47,975 shares. Alliancebernstein L P holds 0.02% of its portfolio in Unisys Corporation (NYSE:UIS) for 2.40M shares. Assetmark Incorporated holds 0% of its portfolio in Unisys Corporation (NYSE:UIS) for 865 shares. Moreover, Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Management has 0% invested in Unisys Corporation (NYSE:UIS). Pinnacle Hldg Llc has 51,610 shares. California Pub Employees Retirement Systems holds 0.01% or 444,800 shares in its portfolio. Nomura Holdings owns 47,500 shares. Credit Suisse Ag owns 470,001 shares or 0.01% of their US portfolio. Public Employees Retirement Association Of Colorado reported 0% of its portfolio in Unisys Corporation (NYSE:UIS). Da Davidson And accumulated 9,750 shares. Creative Planning holds 0% or 3,073 shares. Quantbot Techs L P accumulated 27,370 shares or 0.03% of the stock. Moreover, Invesco has 0% invested in Unisys Corporation (NYSE:UIS) for 67,319 shares. James Inv Rech invested in 0.04% or 105,700 shares. Ftb Advisors reported 314 shares.

Among 5 analysts covering Unisys Corporation (NYSE:UIS), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Unisys Corporation had 7 analyst reports since December 22, 2015 according to SRatingsIntel. Loop Capital maintained the shares of UIS in report on Tuesday, October 31 with “Hold” rating. The rating was maintained by SunTrust with “Buy” on Tuesday, October 31. The rating was initiated by Loop Capital on Tuesday, January 10 with “Hold”. The rating was initiated by Sidoti on Tuesday, March 29 with “Buy”. The firm has “Buy” rating by Suntrust Robinson given on Wednesday, June 22.

Among 15 analysts covering MetLife (NYSE:MET), 8 have Buy rating, 1 Sell and 6 Hold. Therefore 53% are positive. MetLife had 45 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has “Buy” rating by RBC Capital Markets on Friday, November 3. The firm has “Buy” rating by Deutsche Bank given on Monday, January 23. On Tuesday, October 10 the stock rating was downgraded by FBR Capital to “Neutral”. The stock of MetLife, Inc. (NYSE:MET) has “Hold” rating given on Monday, August 28 by Credit Suisse. The company was maintained on Wednesday, August 9 by Argus Research. The stock has “Buy” rating by RBC Capital Markets on Monday, July 10. The rating was upgraded by FBR Capital on Thursday, May 25 to “Outperform”. The stock of MetLife, Inc. (NYSE:MET) has “Outperform” rating given on Monday, August 29 by FBR Capital. The stock of MetLife, Inc. (NYSE:MET) earned “Equal-Weight” rating by Morgan Stanley on Monday, November 13. The rating was maintained by Wells Fargo on Tuesday, October 3 with “Buy”.

Analysts await MetLife, Inc. (NYSE:MET) to report earnings on February, 7. They expect $1.12 EPS, down 17.04% or $0.23 from last year’s $1.35 per share. MET’s profit will be $1.18 billion for 11.97 P/E if the $1.12 EPS becomes a reality. After $1.09 actual EPS reported by MetLife, Inc. for the previous quarter, Wall Street now forecasts 2.75% EPS growth.

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