Norinchukin Bank The grew its position in shares of Western Union Company (The) (NYSE:WU) by 10.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 131,228 shares of the credit services provider’s stock after acquiring an additional 12,880 shares during the quarter. Norinchukin Bank The’s holdings in Western Union Company (The) were worth $2,520,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. ING Groep NV purchased a new position in Western Union Company (The) during the 3rd quarter worth $420,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Western Union Company (The) by 6.2% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 85,353 shares of the credit services provider’s stock worth $1,639,000 after acquiring an additional 5,003 shares during the last quarter. Thompson Siegel & Walmsley LLC boosted its holdings in Western Union Company (The) by 0.9% during the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 2,801,317 shares of the credit services provider’s stock worth $53,785,000 after acquiring an additional 24,425 shares during the last quarter. SG Americas Securities LLC boosted its holdings in Western Union Company (The) by 183.5% during the 3rd quarter. SG Americas Securities LLC now owns 103,582 shares of the credit services provider’s stock worth $1,989,000 after acquiring an additional 227,699 shares during the last quarter. Finally, Advisors Asset Management Inc. boosted its holdings in Western Union Company (The) by 52.5% during the 3rd quarter. Advisors Asset Management Inc. now owns 674,744 shares of the credit services provider’s stock worth $12,955,000 after acquiring an additional 232,201 shares during the last quarter.

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A number of equities analysts have issued reports on WU shares. Zacks Investment Research raised shares of Western Union Company (The) from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a report on Monday, November 6th. Mizuho reissued a “sell” rating and issued a $16.00 price target on shares of Western Union Company (The) in a report on Sunday, October 15th. Morgan Stanley boosted their price target on shares of Western Union Company (The) from $18.00 to $19.00 and gave the stock an “underweight” rating in a report on Friday, November 3rd. ValuEngine downgraded shares of Western Union Company (The) from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Finally, Barclays PLC boosted their price target on shares of Western Union Company (The) from $21.00 to $22.00 and gave the stock an “underweight” rating in a report on Friday, August 4th. Six equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $20.14.

In related news, EVP Jean Claude Farah sold 17,518 shares of the business’s stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $20.50, for a total value of $359,119.00. Following the transaction, the executive vice president now directly owns 139,500 shares of the company’s stock, valued at approximately $2,859,750. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.10% of the stock is currently owned by insiders.

Shares of Western Union Company (NYSE WU) traded down $0.15 during trading hours on Friday, hitting $19.55. 1,831,400 shares of the company were exchanged, compared to its average volume of 4,232,936. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 4.98. The stock has a market cap of $8,979.17, a P/E ratio of 10.57, a P/E/G ratio of 1.85 and a beta of 1.01. Western Union Company has a 52 week low of $18.39 and a 52 week high of $22.70.

Western Union Company (The) (NYSE:WU) last issued its quarterly earnings results on Thursday, November 2nd. The credit services provider reported $0.53 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.44 by $0.09. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.39 billion. Western Union Company (The) had a net margin of 3.83% and a return on equity of 116.85%. The firm’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.46 EPS. analysts predict that Western Union Company will post 1.83 EPS for the current year.

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.

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

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