Shares of The Western Union Company (NYSE:WU) have been assigned a consensus recommendation of “Hold” from the thirteen brokerages that are presently covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $18.25.

Several equities analysts recently commented on WU shares. Royal Bank of Canada reaffirmed a “hold” rating and issued a $21.00 price objective on shares of The Western Union in a research report on Friday, August 3rd. Zacks Investment Research lowered shares of The Western Union from a “hold” rating to a “sell” rating in a research report on Monday, July 16th. Wolfe Research started coverage on shares of The Western Union in a research report on Tuesday, July 17th. They issued an “underperform” rating for the company. Finally, ValuEngine lowered shares of The Western Union from a “hold” rating to a “sell” rating in a research report on Tuesday, August 7th.

Shares of The Western Union stock traded up $0.05 during midday trading on Tuesday, hitting $18.91. The company had a trading volume of 5,583,185 shares, compared to its average volume of 5,062,690. The firm has a market capitalization of $8.43 billion, a P/E ratio of 10.51, a PEG ratio of 2.38 and a beta of 1.00. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of -7.38. The Western Union has a 12-month low of $18.38 and a 12-month high of $22.21.

The Western Union (NYSE:WU) last announced its quarterly earnings data on Thursday, August 2nd. The credit services provider reported $0.46 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.47 by ($0.01). The company had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.43 billion. The Western Union had a negative net margin of 8.05% and a negative return on equity of 560.31%. The business’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.50 earnings per share. research analysts anticipate that The Western Union will post 1.86 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Stockholders of record on Friday, September 14th will be paid a dividend of $0.19 per share. The ex-dividend date of this dividend is Thursday, September 13th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 4.02%. The Western Union’s payout ratio is 42.22%.

In related news, EVP Sheri Rhodes sold 4,417 shares of The Western Union stock in a transaction on Monday, June 25th. The shares were sold at an average price of $21.00, for a total value of $92,757.00. Following the sale, the executive vice president now owns 55,824 shares of the company’s stock, valued at approximately $1,172,304. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Richard L. Williams sold 20,207 shares of The Western Union stock in a transaction on Tuesday, July 3rd. The shares were sold at an average price of $20.50, for a total transaction of $414,243.50. Following the completion of the sale, the executive vice president now directly owns 100,582 shares in the company, valued at approximately $2,061,931. The disclosure for this sale can be found here. Insiders have sold a total of 105,632 shares of company stock worth $2,208,169 in the last ninety days. Corporate insiders own 1.10% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the stock. Dupont Capital Management Corp lifted its holdings in The Western Union by 1,484.9% in the 1st quarter. Dupont Capital Management Corp now owns 31,555 shares of the credit services provider’s stock valued at $607,000 after purchasing an additional 29,564 shares in the last quarter. Sentry Investment Management LLC lifted its holdings in The Western Union by 13,123.4% in the 1st quarter. Sentry Investment Management LLC now owns 32,794 shares of the credit services provider’s stock valued at $631,000 after purchasing an additional 32,546 shares in the last quarter. Polaris Capital Management LLC lifted its holdings in The Western Union by 55.2% in the 1st quarter. Polaris Capital Management LLC now owns 2,783,616 shares of the credit services provider’s stock valued at $53,529,000 after purchasing an additional 990,100 shares in the last quarter. Commerzbank Aktiengesellschaft FI purchased a new position in The Western Union in the 1st quarter valued at $323,000. Finally, Ifrah Financial Services Inc. lifted its holdings in The Western Union by 15.9% in the 1st quarter. Ifrah Financial Services Inc. now owns 49,501 shares of the credit services provider’s stock valued at $952,000 after purchasing an additional 6,802 shares in the last quarter.

The Western Union Company Profile

The Western Union Company provides money movement and payment services worldwide. The company operates in two segments, Consumer-to-Consumer and Business Solutions. The Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents. This segment offers international cross-border transfers and intra-country transfers, as well as money transfer transactions through Websites and mobile devices.

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Analyst Recommendations for The Western Union (NYSE:WU)

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