Lastly, Mizuho assumed coverage on Western Union Company (The) in a note on Tue, Jun 27th.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in WU. Finally, Nisa Investment Advisors LLC increased its position in Western Union Company (The) by 10.8% in the first quarter. Financial Architects Inc now owns 6,807 shares of the credit services provider's stock worth $139,000 after buying an additional 3,338 shares during the period. Pacer Advisors boosted its position in Western Union Company (The) by 3.1% in the Q1. Pacer Advisors Inc. now owns 7,482 shares of the credit services provider's stock worth $152,000 after buying an additional 224 shares in the last quarter. Financial Architects boosted its position in Western Union Company (The) by 2.1% in the Fiscal Q2. Finally, Integrated Investment Consultants LLC increased its stake in Western Union Company (The) by 2.1% in the first quarter. 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. Grimes & Com has 0.27% invested in The Western Union Company (NYSE:WU). The company's stock had a trading volume of 3,227,668 shares. The company has a market cap of $8.77 billion, a P/E ratio of 48.59 and a beta of 1.19. Catalyst Capital Advsr Lc has 0.25% invested in The Western Union Company (NYSE:WU). The company has a 50-day moving average price of $19.15 and a 200-day moving average price of $19.52. More interesting news about The Western Union Company (NYSE:WU) were released by: Businessinsider.com and their article: "Western Union's digital growth is a bright spot" published on August 07, 2017 as well as Nasdaq.com's news article titled: "Will Elevated Expenses Mar Western Union's (WU) Q2 Earnings?" with publication date: August 02, 2017. In the latest earnings report the EPS was $0.39 and is expected to be $1.77 for the current year with 463,994,000 shares now outstanding.
The High Revenue estimate is predicted as 1.42 Million, while the Low Revenue Estimate prediction stands at 1.34 Million. The company generated a return on equity (ROE) of 20.50%. New York-based Hutchin Hill Limited Partnership has invested 0.1% in The Western Union Company (NYSE:WU). During the same period previous year, the business posted $0.44 EPS.
The business 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 of this dividend is Thursday, September 14th. Western Union Company (The)'s dividend payout ratio is presently 179.49%.
WARNING: "Foster & Motley Inc". CIBC Asset Management Inc's holdings in Western Union Company (The) were worth $915,000 as of its most recent filing with the SEC. If you are accessing this piece of content on another publication, it was illegally copied and reposted in violation of U.S. & worldwide copyright and trademark laws. The legal version of this report can be viewed at https://baseballnewssource.com/markets/western-union-company-the-wu-shares-sold-by-foster-motley-inc-updated/1348060.html.
United States stocks fall again on North Korea tensions
The Toronto Stock Exchange's S&P/TSX composite index fell 143.08 points to 15,074.25, with almost all of its sectors moving lower. Hong Kong's Hang Seng Index plunged by 2 percent, while South Korea's Kospi Index slumped by 1.7 percent.
Other analysts also recently issued research reports about the stock. They released an "underperform" recommendation and a $16.00 price target for The corporation. around seven research experts recommended the company shares with a sell recommendation, six has issued a hold recommendation and 1 has released a buy recommendation to the firms shares. the share now has a average recommendation of "Hold" and a consensus price objective of $19.93.
On August 4 Barclays made no change to the company rating of "Underweight" but raised the price target from $20.00 to $22.00.
For this year, The Western Union Company (NYSE:WU) is performing -12.94%. Royal Bank Of Canada reiterated a hold rating and issued a $23.00 target price on shares of Western Union Company (The) in a report on Thursday, April 13th. Stifel Nicolaus reissued a "hold" rating and issued a $20.00 price objective (up from $19.00) on shares of Western Union Company (The) in a report on Wednesday. The analyst recommendations from a month ago are 4 Buy, 0 Overweight, 0 Sell, 4 Hold and 0 Underweight. Western Union Company (The) now has an average rating of "Hold" and an average target price of $20.27. Following the sale, the executive vice president now directly owns 129,650 shares of the company's stock, valued at $2,608,558. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Moreover, Howe And Rusling has 0% invested in The Western Union Company (NYSE:WU). 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.