Western Union Company (The)'s (NYSE:WU) "Hold" Rating Reaffirmed at Stifel Nicolaus

Modesto Morganelli
Agosto 13, 2017

FMR LLC now owns 40,907,785 shares of the credit services provider's stock valued at $832,474,000 after buying an additional 326,222 shares in the last quarter. National Bank & Trust Of Hawaii has invested 0.03% of its portfolio in The Western Union Company (NYSE:WU). BlackRock Inc. now owns 34,492,261 shares of the credit services provider's stock valued at $701,918,000 after buying an additional 33,487,639 shares in the last quarter.

Fieldpoint Private Advisors Inc decreased its stake in Western Un Co Com (WU) by 29.89% based on its latest 2016Q4 regulatory filing with the SEC. IFP Advisors has an ownership of 7,836 stocks of the credit services provider's shares valued $149,000 after scooping up an extra 239 shares through out the quarter. IFP Advisors boosted its position in Western Union Company (The) by 3.1% in the Fiscal Q2. Retirement Systems of Alabama now owns 232,458 shares of the credit services provider's stock worth $4,731,000 after buying an additional 2,650 shares during the period. APG Asset Management N.V. boosted its stake in Western Union Company (The) by 1.2% in the second quarter. BB&T Corp now owns 543,671 shares of the credit services provider's stock valued at $10,357,000 after buying an additional 3,578 shares during the period.

Western Union Company (The) (NYSE:WU) last announced its quarterly earnings data on Thursday, August 3rd. The stock has a market cap of $9.09 billion, a price-to-earnings ratio of 41.82 and a beta of 1.19. Western Union Company has a 1-year low of $18.42 and a 1-year high of $22.70. The firm has a 50-day moving average of $19.15 and a 200 day moving average of $19.52. New York-based Hutchin Hill Limited Partnership has invested 0.1% in The Western Union Company (NYSE:WU). The credit services provider reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.42 by $0.08. TheStreet lifted Western Union Company (The) from a "c" recommendation to a "b-" recommendation in a study on Tue, May 2nd. Analysts expect next quarter's EPS will be $0.46 with next year's EPS anticipated to be $1.79. During the same period in the prior year, the firm earned $0.44 earnings per share. Western Union Company (The)'s yield ratio (DPR) is presently 152.18%. On average, equities research analysts forecast that Western Union Company will post $1.77 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. The dividend payment will be $0.175 per share for the quarter or $0.70 annualized. The ex-dividend date will be on Wednesday the 14th of June 2017.

COPYRIGHT VIOLATION NOTICE: This piece was originally reported by Community Financial News and is the property of of Community Financial News. State Board Of Administration Of Florida Retirement has invested 0.05% in The Western Union Company (NYSE:WU). If you are reading this article on another publication, it was copied illegally and reposted in violation of United States & worldwide copyright and trademark legislation. The original version of this piece can be viewed at https://www.themarketsdaily.com/2017/08/13/shell-asset-management-co-sells-178018-shares-of-western-union-company-the-wu.html. Barclays Capital upgraded the shares of WU in report on Friday, July 31 to "Equal Weight" rating. Barclays PLC boosted 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. Amica Pension Fund Board Of Trustees reported 0.05% in The Western Union Company (NYSE:WU).

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. Stifel Nicolaus reissued a "hold" rating and issued a $20.00 price target (up from $19.00) on shares of Western Union Company (The) in a report on Wednesday. Zacks Investment Research upgraded shares of Western Union Company (The) from a "hold" rating to a "buy" rating and set a $22.00 price target for the company in a research report on Tuesday, May 2nd. Six analysts have rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company's stock.

In other Western Union Company (The) news, EVP John David Thompson sold 23,500 shares of the stock in a transaction dated Friday, August 4th. Following the completion of the sale, the executive vice president now owns 129,650 shares in the company, valued at $2,608,558. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Ray Gerald L & Associates Ltd bought 6,340 shares as the company's stock declined 15.88% while stock markets rallied.

Moreover, Howe And Rusling has 0% invested in The Western Union Company (NYSE:WU). The Firm operates through three divisions: Consumer-to-Consumer, Consumer-to-Business and Business Solutions.

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