Western Union Company (The) (NYSE:WU) Earning Positive Media Coverage, Analysis Finds

Paterniano Del Favero
Luglio 28, 2017

Vontobel Swiss Wealth Advisors AG raised its stake in Western Union Company (The) (NYSE:WU) by 60.5% during the second quarter, according to its most recent Form 13F filing with the SEC. FMR LLC now owns 40,907,785 shares of the credit services provider's stock valued at $832,474,000 after buying an additional 326,222 shares during the period. Finally, Pegasus Partners Ltd. boosted its position in Western Union Company (The) by 13.2% in the fourth quarter.

A number of institutional investors have recently made changes to their positions in WU. National Pension Service increased its stake in Western Union Company (The) by 6.0% in the first quarter. State Street Corp now owns 21,495,712 shares of the credit services provider's stock valued at $437,439,000 after buying an additional 920,224 shares during the period.

Shares of Western Union Company (WU) opened at 19.48 on Wednesday. Gulf International Bank UK Ltd now owns 157,939 shares of the credit services provider's stock valued at $3,214,000 after buying an additional 2,000 shares during the period. Pacer Advisors Inc. boosted its position in Western Union Company (The) by 3.1% in the first quarter. Vanguard Group Inc. now owns 50,880,461 shares of the credit services provider's stock worth $1,035,417,000 after buying an additional 795,312 shares in the last quarter. Vanguard Group Inc. increased its position in Western Union Company (The) by 1.6% in the first quarter. Curbstone Financial Management Corp now owns 14,925 shares of the credit services provider's stock worth $304,000 after buying an additional 2,350 shares during the period. Finally, Point72 Asia Hong Kong Ltd purchased a new position in shares of Western Union Company (The) during the first quarter valued at $154,000.

Shares of Western Union Company (NYSE WU) traded up 0.21% during midday trading on Tuesday, reaching $19.06. The firm has a 50-day moving average price of $19.01 and a 200 day moving average price of $19.72. The firm has a market capitalization of $9.18 billion, a P/E ratio of 42.26 and a beta of 1.19. Western Union Company has a 1-year low of $18.42 and a 1-year high of $22.70.

Western Union Company (The) (NYSE:WU) last posted its quarterly earnings data on Tuesday, May 2nd. The credit services provider reported $0.35 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.40 by $0.05. Moreover, Sterling Capital Mgmt Limited Liability has 0.46% invested in The Western Union Company (NYSE:WU). Analysts expect that Western Union Company will post $1.69 EPS for the current year. Investors of record on Friday, September 15th will be paid a dividend of $0.175 per share. The firm earned "Neutral" rating on Thursday, September 8 by Monness Crespi & Hardt. This represents a $0.70 annualized dividend and a yield of 3.59%. Western Union Company (The)'s dividend payout ratio is 152.18%.

TRADEMARK VIOLATION WARNING: This piece of content was first reported by BBNS and is the property of of BBNS. If you are viewing this news story on another domain, it was illegally stolen and reposted in violation of USA and worldwide copyright and trademark legislation. The original version of this report can be read at https://sportsperspectives.com/2017/07/26/western-union-company-the-nysewu-stake-held-by-glenmede-trust-co-na-updated-updated.html.

Several research analysts have weighed in on the company. Compass Point initiated The Western Union Company (NYSE:WU) on Friday, April 15 with "Neutral" rating. They issued an "underperform" rating and a $16.00 price objective for the company. Citigroup maintained The Western Union Company (NYSE:WU) on Thursday, August 4 with "Sell" rating. Western Union Company (The) also recently declared a dividend for shareholders to be paid on Friday the 29th of September 2017.

Over the last 5 years, The Western Union Company has averaged a -22.50% YoY EPS growth rate and a -0.30% revenue growth rate. Lastly, TheStreet boosted Western Union Company (The) from a "c" recommendation to a "b-" recommendation in a study on Tue, May 2nd. around seven financial stock experts recommended the company shares with a sell recommendation, six have issued a hold recommendation and 1 have issued a buy recommendation to the firms shares. the share has a consensus rating of "Hold" and an average price target of $19.93. Western Union Company (The) presently has a consensus rating of "Hold" and a consensus target price of $19.93.

The Business's Consumer-to-Business segment provides options to make one-time or recurring payments from consumers to businesses and other organizations, including utilities, auto finance companies, mortgage servicers, financial service providers and government agencies.

Altre relazioni OverNewsmagazine

Discuti questo articolo

SEGUI I NOSTRI GIORNALE