Shares of Western Union Co. (NYSE:WU) have earned an average rating of “Hold” from the nineteen brokerages that are currently covering the firm. Eight analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $18.69.

A number of research analysts have commented on WU shares. BTIG Research reissued a “buy” rating and set a $23.00 target price on shares of Western Union in a research report on Monday, August 1st. Vetr raised shares of Western Union from a “sell” rating to a “hold” rating and set a $19.20 target price on the stock in a research report on Tuesday, August 2nd. Barclays PLC raised their target price on shares of Western Union from $20.00 to $21.00 and gave the company an “underweight” rating in a research report on Thursday, August 4th. Citigroup Inc. raised their target price on shares of Western Union from $15.50 to $17.00 and gave the company a “sell” rating in a research report on Thursday, August 4th. Finally, Zacks Investment Research raised shares of Western Union from a “sell” rating to a “hold” rating in a research report on Friday, August 5th.

Shares of Western Union (NYSE:WU) traded up 0.44% on Thursday, hitting $20.64. 791,452 shares of the stock traded hands. Western Union has a 52 week low of $16.02 and a 52 week high of $21.80. The stock has a 50-day moving average price of $20.17 and a 200 day moving average price of $20.03. The firm has a market cap of $10.01 billion, a P/E ratio of 12.50 and a beta of 1.16.

In other Western Union news, EVP Odilon Almeida sold 18,064 shares of Western Union stock in a transaction that occurred on Monday, August 29th. The shares were sold at an average price of $21.57, for a total transaction of $389,640.48. Following the completion of the sale, the executive vice president now directly owns 72,560 shares in the company, valued at approximately $1,565,119.20. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Michael Miles sold 21,281 shares of Western Union stock in a transaction that occurred on Wednesday, September 28th. The shares were sold at an average price of $20.37, for a total transaction of $433,493.97. Following the sale, the director now owns 126,819 shares of the company’s stock, valued at $2,583,303.03. The disclosure for this sale can be found here. 1.10% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently made changes to their positions in the stock. Seven Eight Capital LLC purchased a new position in Western Union during the first quarter valued at $105,000. Checchi Capital Advisers LLC raised its position in Western Union by 11.4% in the second quarter. Checchi Capital Advisers LLC now owns 5,642 shares of the company’s stock valued at $108,000 after buying an additional 577 shares during the period. Americafirst Capital Management LLC purchased a new position in Western Union during the second quarter valued at $109,000. IFP Advisors Inc raised its position in Western Union by 18.3% in the second quarter. IFP Advisors Inc now owns 6,214 shares of the company’s stock valued at $119,000 after buying an additional 963 shares during the period. Finally, Canada Pension Plan Investment Board raised its position in Western Union by 147.8% in the third quarter. Canada Pension Plan Investment Board now owns 5,791 shares of the company’s stock valued at $121,000 after buying an additional 3,454 shares during the period.

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. Western Union’s Consumer-to-Consumer segment is engaged in individual money transfers from one consumer to another.

5 Day Chart for NYSE:WU

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