The Western Union Company (WU) Insider Amintore Schenkel Sells 15,600 Shares
The Western Union Company (NYSE:WU) insider Amintore Schenkel sold 15,600 shares of the firm’s stock in a transaction on Monday, January 8th. The stock was sold at an average price of $21.99, for a total value of $343,044.00. Following the completion of the sale, the insider now directly owns 93,694 shares of the company’s stock, valued at $2,060,331.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of The Western Union Company (WU) traded up $0.19 during mid-day trading on Thursday, reaching $21.23. The company’s stock had a trading volume of 6,453,500 shares, compared to its average volume of 10,791,786. The company has a debt-to-equity ratio of 4.98, a quick ratio of 1.00 and a current ratio of 1.00. The Western Union Company has a 52-week low of $18.39 and a 52-week high of $22.34. The company has a market capitalization of $9,750.00, a price-to-earnings ratio of 46.15, a P/E/G ratio of 1.92 and a beta of 1.00.
The Western Union (NYSE:WU) last released its quarterly earnings data on Thursday, November 2nd. The credit services provider reported $0.53 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.44 by $0.09. The firm had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.39 billion. The Western Union had a return on equity of 116.85% and a net margin of 3.83%. The company’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.46 earnings per share. equities analysts expect that The Western Union Company will post 1.83 earnings per share for the current fiscal year.
Large investors have recently made changes to their positions in the stock. Fiduciary Trust Co. purchased a new position in The Western Union during the 2nd quarter valued at about $121,000. Capstone Investment Advisors Netherlands B.V. purchased a new position in The Western Union during the 2nd quarter valued at about $129,000. Pacer Advisors Inc. increased its holdings in The Western Union by 8.4% during the 2nd quarter. Pacer Advisors Inc. now owns 8,109 shares of the credit services provider’s stock valued at $154,000 after purchasing an additional 627 shares during the period. Steward Partners Investment Advisory LLC purchased a new position in The Western Union during the 3rd quarter valued at about $186,000. Finally, Rehmann Capital Advisory Group purchased a new position in shares of The Western Union during the 3rd quarter worth approximately $198,000.
Several equities analysts have recently weighed in on the company. Susquehanna Bancshares upgraded The Western Union from a “negative” rating to a “neutral” rating in a research report on Monday. UBS Group raised The Western Union to a “neutral” rating in a research note on Monday. Mizuho reissued a “sell” rating and set a $16.00 price objective on shares of The Western Union in a research note on Sunday, October 15th. Jefferies Group reissued a “hold” rating and set a $19.00 price objective on shares of The Western Union in a research note on Thursday, October 12th. Finally, ValuEngine raised The Western Union from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Seven research analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $19.59.
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The Western Union 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.
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