Shares of Western Union Company (The) (NYSE:WU) have earned a consensus rating of “Hold” from the thirteen brokerages that are covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $20.38.

A number of equities research analysts have issued reports on the stock. Mizuho reaffirmed a “sell” rating and set a $16.00 price objective on shares of Western Union Company (The) in a report on Sunday, October 15th. Jefferies Group LLC reaffirmed a “hold” rating and set a $19.00 price objective on shares of Western Union Company (The) in a report on Thursday, October 12th. Zacks Investment Research lowered shares of Western Union Company (The) from a “buy” rating to a “hold” rating in a report on Thursday, October 5th. ValuEngine upgraded Western Union Company (The) from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $20.00 target price (up from $19.00) on shares of Western Union Company (The) in a research report on Wednesday, August 9th.

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Shares of Western Union Company (NYSE WU) traded up 2.27% during midday trading on Wednesday, reaching $20.31. 4,094,419 shares of the company’s stock traded hands. The stock’s 50-day moving average price is $19.24 and its 200 day moving average price is $19.26. The firm has a market capitalization of $9.42 billion, a PE ratio of 52.21 and a beta of 1.20. Western Union Company has a one year low of $18.39 and a one year high of $22.70.

Western Union Company (The) (NYSE:WU) last announced its quarterly earnings data on Thursday, August 3rd. The credit services provider reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.08. Western Union Company (The) had a net margin of 3.50% and a return on equity of 92.41%. The business had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.37 billion. During the same period last year, the firm posted $0.44 EPS. The company’s revenue was up .2% on a year-over-year basis. On average, equities research analysts expect that Western Union Company will post $1.77 earnings per share for the current fiscal year.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in Western Union Company (The) by 1.6% 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 during the last quarter. FMR LLC lifted its position in Western Union Company (The) by 2.3% in the second quarter. FMR LLC now owns 41,834,190 shares of the credit services provider’s stock worth $796,941,000 after buying an additional 926,405 shares during the last quarter. BlackRock Inc. lifted its position in Western Union Company (The) by 3,333.4% in the first 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. State Street Corp lifted its position in Western Union Company (The) by 4.5% in the first quarter. State Street Corp now owns 21,495,712 shares of the credit services provider’s stock worth $437,439,000 after buying an additional 920,224 shares during the last quarter. Finally, Clarkston Capital Partners LLC lifted its position in Western Union Company (The) by 12.6% in the second quarter. Clarkston Capital Partners LLC now owns 8,472,724 shares of the credit services provider’s stock worth $161,405,000 after buying an additional 950,840 shares during the last quarter.

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.

Analyst Recommendations for Western Union Company (The) (NYSE:WU)

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