Stifel Nicolaus Reaffirms "Hold" Rating for Western Union Company (The) (NYSE:WU)

Barsaba Taglieri
Agosto 13, 2017

Leuthold Group Ltd Liability Corporation stated it has 0.28% in The Western Union Company (NYSE:WU). Next quarter's EPS is expected be $0.46 with next year's EPS projected to be $1.79. The business is scheduled to report its next quarterly earnings results after the market closes on Thursday, August 3rd. Equities research analysts forecast that Western Union Company will post $1.76 earnings per share for the current year. While for the next 5 years, the growth estimate is 5.66%. Zacks Investment Research's sales averages are a mean average based on a survey of research analysts that follow Western Union Company (The).

Many analysts have provided their estimated foresights on The Western Union Company Earnings, with 21 analysts believing the company would generate an Average Estimate of $0.45. Western Union Company (The) had a return on equity of 92.41% and a net margin of 3.50%. The business had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.37 billion. Global X Management Co Llc sold 16,827 shares as Western Un Co (WU)'s stock declined 4.09%. Zacks Investment Research upgraded Western Union Company (The) from a "hold" rating to a "buy" rating and set a $22.00 target price on the stock in a research report on Tuesday, May 2nd. Barclays PLC raised their price objective on Western Union Company (The) from $21.00 to $22.00 and gave the company an "underweight" rating in a report on Friday, August 4th. Finally, Zacks Investment Research lowered Western Union Company (The) from a "buy" rating to a "hold" rating in a report on Thursday, May 4th. The company presently has a consensus rating of "Hold" and an average target price of $20.27. The stock was sold at an average price of $20.12, for a total transaction of $472,820.00.

Several hedge funds have recently added to or reduced their stakes in the stock.

Foster & Motley Inc. cut its stake in shares of Western Union Company (The) (NYSE:WU) by 20.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. Financial Architects Inc now owns 6,951 shares of the credit services provider's stock valued at $132,000 after buying an additional 144 shares in the last quarter. Pacer Advisors boosted its position in Western Union Company (The) by 3.1% in the Q1. Integrated Investment Consultants LLC now owns 12,050 shares of the credit services provider's stock worth $245,000 after buying an additional 250 shares during the period. BlackRock Inc. increased its stake in Western Union Company (The) by 3,333.4% in the first quarter. Profund Advisors LLC raised its stake in shares of Western Union Company (The) by 4.3% in the first quarter. MARSHALL WACE ASIA Ltd acquired a new position in shares of Western Union Company (The) during the first quarter worth about $30,448,000. IFP Advisors Inc now owns 7,836 shares of the credit services provider's stock valued at $149,000 after buying an additional 239 shares in the last quarter. California Public Employees Retirement System augmented its ownership by buying 15,500 shares an increase of 1.1% as of 06/30/2017.

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Shares of Western Union Company (WU) traded down 0.05% on Friday, hitting $18.90. Following the completion of the transaction, the executive vice president now owns 129,650 shares of the company's stock, valued at approximately $2,608,558. The firm has a market capitalization of $8.77 billion, a P/E ratio of 48.61 and a beta of 1.19. The company rocked its 52-Week High of $22.7 and touched its 52-Week Low of $18.42. They released an "underperform" recommendation and a $16.00 price target for The corporation. around seven research experts recommended the company shares with a sell recommendation, six has issued a hold recommendation and 1 has released a buy recommendation to the firms shares. the share now has a average recommendation of "Hold" and a consensus price objective of $19.93.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be given a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 3.70%. The ex-dividend date is Thursday, September 14th. Western Union Company (The)'s dividend payout ratio is now 152.18%.

Moreover, Howe And Rusling has 0% invested in The Western Union Company (NYSE:WU). The Company operates through three segments: Consumer-to-Consumer, Consumer-to-Business and Business Solutions. The Company's Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents.

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