Susquehanna Bancshares upgraded shares of The Western Union (NYSE:WU) from a negative rating to a neutral rating in a research note published on Monday, Marketbeat Ratings reports.

A number of other brokerages have also recently issued reports on WU. UBS Group raised shares of The Western Union to a neutral rating in a research note on Monday. Mizuho reissued a sell rating and issued 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 issued a $19.00 price objective on shares of The Western Union in a research note on Thursday, October 12th. ValuEngine raised shares of The Western Union from a hold rating to a buy rating in a research note on Friday, December 1st. Finally, Zacks Investment Research raised shares of The Western Union from a hold rating to a buy rating and set a $22.00 price objective on the stock in a research note on Monday, November 6th. Seven equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of $19.59.

Shares of The Western Union (WU) traded down $0.09 during trading hours on Monday, reaching $21.09. 1,780,010 shares of the company were exchanged, compared to its average volume of 9,950,075. The company has a market capitalization of $9,730.00, a PE ratio of 45.85, a price-to-earnings-growth ratio of 1.92 and a beta of 1.00. The company has a debt-to-equity ratio of 4.98, a current ratio of 1.00 and a quick ratio of 1.00. The Western Union has a fifty-two week low of $18.39 and a fifty-two week high of $22.25.

The Western Union (NYSE:WU) last announced its quarterly earnings data on Thursday, November 2nd. The credit services provider reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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. The Western Union had a net margin of 16.77% and a return on equity of 137.89%. The firm’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period last year, the firm posted $0.46 earnings per share. sell-side analysts predict that The Western Union will post 1.83 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Monday, December 18th were given a $0.175 dividend. The ex-dividend date of this dividend was Friday, December 15th. This represents a $0.70 dividend on an annualized basis and a yield of 3.32%. The Western Union’s dividend payout ratio is currently 152.17%.

In other The Western Union news, insider Amintore Schenkel sold 15,600 shares of the firm’s stock in a transaction that occurred on Monday, January 8th. The shares were sold at an average price of $21.99, for a total value of $343,044.00. Following the sale, the insider now owns 93,694 shares in the company, valued at $2,060,331.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Jean Claude Farah sold 17,518 shares of the firm’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 transaction of $359,119.00. Following the completion of the sale, the executive vice president now owns 139,500 shares in the company, valued at approximately $2,859,750. The disclosure for this sale can be found here. Insiders sold 83,931 shares of company stock worth $1,794,643 in the last 90 days. Company insiders own 1.10% of the company’s stock.

Institutional investors have recently modified their holdings of the business. Thrivent Financial For Lutherans lifted its holdings in shares of The Western Union by 1.1% during the second quarter. Thrivent Financial For Lutherans now owns 17,900 shares of the credit services provider’s stock worth $341,000 after purchasing an additional 190 shares during the period. Pacer Advisors Inc. lifted its holdings in shares of The Western Union by 8.4% during the second quarter. Pacer Advisors Inc. now owns 8,109 shares of the credit services provider’s stock worth $154,000 after purchasing an additional 627 shares during the period. Advisory Services Network LLC lifted its holdings in shares of The Western Union by 4.2% during the second quarter. Advisory Services Network LLC now owns 21,115 shares of the credit services provider’s stock worth $402,000 after purchasing an additional 858 shares during the period. MML Investors Services LLC lifted its holdings in shares of The Western Union by 3.2% during the second quarter. MML Investors Services LLC now owns 28,409 shares of the credit services provider’s stock worth $541,000 after purchasing an additional 889 shares during the period. Finally, Isthmus Partners LLC lifted its holdings in shares of The Western Union by 0.8% during the second quarter. Isthmus Partners LLC now owns 290,449 shares of the credit services provider’s stock worth $5,533,000 after purchasing an additional 2,334 shares during the period.

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About The Western Union

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.

Analyst Recommendations for The Western Union (NYSE:WU)

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