Isthmus Partners LLC grew its position in shares of Western Union Company (The) (NYSE:WU) by 0.8% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 290,449 shares of the credit services provider’s stock after buying an additional 2,334 shares during the period. Isthmus Partners LLC owned about 0.06% of Western Union Company (The) worth $5,533,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in WU. BlackRock Inc. lifted its holdings in Western Union Company (The) by 3,333.4% during the 1st quarter. BlackRock Inc. now owns 34,492,261 shares of the credit services provider’s stock worth $701,918,000 after buying an additional 33,487,639 shares during the last quarter. Bank of Montreal Can lifted its holdings in Western Union Company (The) by 162.0% during the 2nd quarter. Bank of Montreal Can now owns 2,966,777 shares of the credit services provider’s stock worth $56,515,000 after buying an additional 1,834,328 shares during the last quarter. MARSHALL WACE ASIA Ltd bought a new position in Western Union Company (The) during the 1st quarter worth approximately $30,448,000. Marshall Wace North America L.P. bought a new position in Western Union Company (The) during the 1st quarter worth approximately $30,448,000. Finally, WINTON GROUP Ltd lifted its holdings in Western Union Company (The) by 50.0% during the 1st quarter. WINTON GROUP Ltd now owns 3,102,575 shares of the credit services provider’s stock worth $64,596,000 after buying an additional 1,033,694 shares during the last quarter.

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In other news, EVP John David Thompson sold 23,500 shares of the business’s stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $20.12, for a total value of $472,820.00. Following the transaction, the executive vice president now directly owns 129,650 shares of the company’s stock, valued at approximately $2,608,558. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.10% of the stock is owned by insiders.

Several analysts recently issued reports on the company. Stifel Nicolaus reissued a “hold” rating and issued a $20.00 price target (up previously from $19.00) on shares of Western Union Company (The) in a report on Wednesday, August 9th. Barclays PLC raised their price target on Western Union Company (The) from $21.00 to $22.00 and gave the stock an “underweight” rating in a report on Friday, August 4th. BidaskClub downgraded Western Union Company (The) from a “hold” rating to a “sell” rating in a report on Friday, June 9th. ValuEngine downgraded Western Union Company (The) from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Finally, Mizuho assumed coverage on Western Union Company (The) in a report on Tuesday, June 27th. They issued an “underperform” rating and a $16.00 price target on the stock. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $20.56.

Western Union Company (NYSE:WU) traded up 0.26% during mid-day trading on Monday, reaching $18.96. The company had a trading volume of 714,775 shares. The company’s 50 day moving average is $19.10 and its 200 day moving average is $19.37. Western Union Company has a 52-week low of $18.39 and a 52-week high of $22.70. The stock has a market capitalization of $8.80 billion, a price-to-earnings ratio of 48.74 and a beta of 1.20.

Western Union Company (The) (NYSE:WU) last announced its earnings results on Thursday, August 3rd. The credit services provider reported $0.50 EPS for the quarter, topping the consensus estimate of $0.42 by $0.08. The business had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.37 billion. Western Union Company (The) had a return on equity of 92.41% and a net margin of 3.50%. Western Union Company (The)’s revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.44 EPS. Equities analysts predict that Western Union Company will post $1.77 earnings per share for the current year.

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 issued a $0.175 dividend. This represents a $0.70 annualized dividend and a dividend yield of 3.68%. The ex-dividend date is Thursday, September 14th. Western Union Company (The)’s payout ratio is currently 179.49%.

Western Union Company (The) 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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Institutional Ownership by Quarter for Western Union Company (The) (NYSE:WU)

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