The Western Union (WU) Upgraded to “Neutral” by UBS Group

UBS Group upgraded shares of The Western Union (NYSE:WU) to a neutral rating in a report issued on Monday, The Fly reports.

Other equities analysts have also issued reports about the company. Jefferies Group reaffirmed a hold rating and issued a $19.00 target price on shares of The Western Union in a research report on Thursday, October 12th. Mizuho reaffirmed a sell rating and issued a $16.00 target price on shares of The Western Union in a research report on Sunday, October 15th. ValuEngine raised The Western Union from a hold rating to a buy rating in a research report on Monday, October 2nd. Goldman Sachs Group reaffirmed a sell rating and issued a $17.00 target price on shares of The Western Union in a research report on Thursday, December 14th. Finally, Zacks Investment Research downgraded The Western Union from a buy rating to a hold rating in a report on Thursday, October 5th. Seven research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. The stock has an average rating of Hold and an average price target of $19.59.

The Western Union (WU) opened at $21.18 on Monday. The Western Union has a 52-week low of $18.39 and a 52-week high of $22.25. The stock has a market capitalization of $9,730.00, a P/E ratio of 46.04, a price-to-earnings-growth ratio of 1.92 and a beta of 1.00. The company has a debt-to-equity ratio of 4.98, a current ratio of 1.00 and a quick ratio of 1.00.

The Western Union (NYSE:WU) last announced its earnings results on Thursday, November 2nd. The credit services provider reported $0.53 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.44 by $0.09. The Western Union had a return on equity of 137.89% and a net margin of 16.77%. The company had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same period in the prior year, the company posted $0.46 EPS. The Western Union’s quarterly revenue was up 5.0% on a year-over-year basis. equities research analysts anticipate that The Western Union will post 1.83 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Monday, December 18th were paid a dividend of $0.175 per share. The ex-dividend date was Friday, December 15th. This represents a $0.70 dividend on an annualized basis and a yield of 3.31%. The Western Union’s payout ratio is currently 152.17%.

In other news, insider Amintore Schenkel sold 15,600 shares of the company’s stock in a transaction on Monday, January 8th. The stock was sold at an average price of $21.99, for a total transaction of $343,044.00. Following the completion of the sale, the insider now directly owns 93,694 shares of the company’s stock, valued at $2,060,331.06. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Jean Claude Farah sold 50,813 shares of the company’s stock in a transaction on Monday, January 8th. The shares were sold at an average price of $21.50, for a total value of $1,092,479.50. Following the sale, the executive vice president now directly owns 152,362 shares of the company’s stock, valued at $3,275,783. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 83,931 shares of company stock valued at $1,794,643. 1.10% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Thrivent Financial For Lutherans lifted its holdings in shares of The Western Union by 1.1% during the second quarter. Thrivent Financial For Lutherans now owns 17,900 shares of the credit services provider’s stock valued at $341,000 after purchasing an additional 190 shares during the last quarter. Pacer Advisors Inc. lifted its holdings in shares of The Western Union by 8.4% during the second quarter. Pacer Advisors Inc. now owns 8,109 shares of the credit services provider’s stock valued at $154,000 after purchasing an additional 627 shares during the last quarter. Advisory Services Network LLC lifted its holdings in shares of The Western Union by 4.2% during the second quarter. Advisory Services Network LLC now owns 21,115 shares of the credit services provider’s stock valued at $402,000 after purchasing an additional 858 shares during the last quarter. MML Investors Services LLC lifted its holdings in shares of The Western Union by 3.2% during the second quarter. MML Investors Services LLC now owns 28,409 shares of the credit services provider’s stock valued at $541,000 after purchasing an additional 889 shares during the last quarter. Finally, Isthmus Partners LLC lifted its holdings in shares of The Western Union by 0.8% during the second quarter. Isthmus Partners LLC now owns 290,449 shares of the credit services provider’s stock valued at $5,533,000 after purchasing an additional 2,334 shares during the last quarter.

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The Western Union Company Profile

The Western Union Company (Western Union) is a provider of money movement and payment services. 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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Analyst Recommendations for The Western Union (NYSE:WU)

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