Sei Investments Co. decreased its position in Western Union Company (The) (NYSE:WU) by 16.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 636,527 shares of the credit services provider’s stock after selling 121,613 shares during the quarter. Sei Investments Co. owned approximately 0.14% of Western Union Company (The) worth $12,222,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. PGGM Investments increased its position in shares of Western Union Company (The) by 0.4% in the third quarter. PGGM Investments now owns 1,713,369 shares of the credit services provider’s stock valued at $32,897,000 after acquiring an additional 6,772 shares during the period. Janus Henderson Group PLC increased its position in shares of Western Union Company (The) by 219.4% in the second quarter. Janus Henderson Group PLC now owns 174,463 shares of the credit services provider’s stock valued at $3,324,000 after acquiring an additional 119,846 shares during the period. Prudential Financial Inc. increased its position in shares of Western Union Company (The) by 1.4% in the second quarter. Prudential Financial Inc. now owns 1,064,100 shares of the credit services provider’s stock valued at $20,271,000 after acquiring an additional 14,830 shares during the period. Robeco Institutional Asset Management B.V. increased its position in shares of Western Union Company (The) by 10.3% in the second quarter. Robeco Institutional Asset Management B.V. now owns 303,283 shares of the credit services provider’s stock valued at $5,777,000 after acquiring an additional 28,308 shares during the period. Finally, Oppenheimer Asset Management Inc. increased its position in shares of Western Union Company (The) by 15.7% in the second quarter. Oppenheimer Asset Management Inc. now owns 327,285 shares of the credit services provider’s stock valued at $6,234,000 after acquiring an additional 44,443 shares during the period.

TRADEMARK VIOLATION NOTICE: “Sei Investments Co. Has $12.22 Million Holdings in Western Union Company (The) (WU)” was first published by Watch List News and is the sole property of of Watch List News. If you are reading this piece of content on another domain, it was illegally copied and reposted in violation of U.S. and international copyright & trademark legislation. The correct version of this piece of content can be viewed at https://www.watchlistnews.com/sei-investments-co-has-12-22-million-holdings-in-western-union-company-the-wu/1711690.html.

Shares of Western Union Company (WU) opened at $19.68 on Friday. The firm has a market cap of $9,000.00, a PE ratio of 10.62, a price-to-earnings-growth ratio of 1.86 and a beta of 1.01. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 4.98. Western Union Company has a fifty-two week low of $18.39 and a fifty-two week high of $22.70.

Western Union Company (The) (NYSE:WU) last announced its quarterly earnings data 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 business had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.39 billion. Western Union Company (The) had a net margin of 3.83% and a return on equity of 116.85%. The business’s revenue was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.46 earnings per share. equities analysts expect that Western Union Company will post 1.83 EPS for the current year.

A number of equities analysts have issued reports on WU shares. Zacks Investment Research upgraded 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 research report on Monday, November 6th. Mizuho reiterated a “sell” rating and set a $16.00 price target on shares of Western Union Company (The) in a research 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 company an “underweight” rating in a research report on Friday, November 3rd. ValuEngine cut shares of Western Union Company (The) from a “buy” rating to a “hold” rating in a research 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 company an “underweight” rating in a research report on Friday, August 4th. Six analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. Western Union Company (The) presently has a consensus rating of “Hold” and a consensus price target of $20.14.

In other news, EVP Jean Claude Farah sold 17,518 shares of the company’s stock in a transaction that occurred on 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 owns 139,500 shares in the company, valued at $2,859,750. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.10% of the stock is currently owned by corporate insiders.

Western Union Company (The) 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)

Receive News & Ratings for Western Union Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Union Company (The) and related companies with Analyst Ratings Network's FREE daily email newsletter.