Thompson Siegel & Walmsley LLC lifted its position in shares of Western Union Company (The) (NYSE:WU) by 0.9% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,801,317 shares of the credit services provider’s stock after buying an additional 24,425 shares during the quarter. Thompson Siegel & Walmsley LLC owned about 0.61% of Western Union Company (The) worth $53,785,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership increased its position in shares of Western Union Company (The) by 412.9% in the second quarter. Arrowstreet Capital Limited Partnership now owns 1,212,000 shares of the credit services provider’s stock worth $23,089,000 after purchasing an additional 975,700 shares during the period. Clarkston Capital Partners LLC increased its position in shares of Western Union Company (The) by 12.6% in the second quarter. Clarkston Capital Partners LLC now owns 8,472,724 shares of the credit services provider’s stock worth $161,405,000 after purchasing an additional 950,840 shares during the period. FMR LLC increased its position in shares of Western Union Company (The) by 2.3% in the second quarter. FMR LLC now owns 41,834,190 shares of the credit services provider’s stock worth $796,941,000 after purchasing an additional 926,405 shares during the period. Marshall Wace North America L.P. increased its position in shares of Western Union Company (The) by 48.6% in the second quarter. Marshall Wace North America L.P. now owns 2,262,915 shares of the credit services provider’s stock worth $42,995,000 after purchasing an additional 740,507 shares during the period. Finally, JPMorgan Chase & Co. increased its position in shares of Western Union Company (The) by 124.9% in the second quarter. JPMorgan Chase & Co. now owns 1,117,991 shares of the credit services provider’s stock worth $21,296,000 after purchasing an additional 620,801 shares during the period.

Shares of Western Union Company (WU) traded up $0.03 during mid-day trading on Tuesday, hitting $19.72. The stock had a trading volume of 621,712 shares, compared to its average volume of 3,390,000. Western Union Company has a 12-month low of $18.39 and a 12-month high of $22.70. The firm has a market capitalization of $9,050.00, a price-to-earnings ratio of 10.64, 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 (The) (NYSE:WU) last announced its quarterly earnings results on Thursday, November 2nd. The credit services provider reported $0.53 EPS for the quarter, beating the Zacks’ consensus estimate of $0.44 by $0.09. Western Union Company (The) had a return on equity of 116.85% and a net margin of 3.83%. The firm had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same period last year, the firm posted $0.46 earnings per share. The business’s revenue for the quarter was up 5.0% on a year-over-year basis. analysts forecast that Western Union Company will post 1.83 EPS for the current year.

A number of research analysts recently commented on the company. Stifel Nicolaus restated a “hold” rating and issued a $20.00 price target (up previously from $19.00) on shares of Western Union Company (The) in a research report on Wednesday, August 9th. ValuEngine cut Western Union Company (The) from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Jefferies Group LLC reiterated a “hold” rating and issued a $19.00 target price on shares of Western Union Company (The) in a research report on Thursday, October 12th. Mizuho reiterated a “sell” rating and issued a $16.00 target price on shares of Western Union Company (The) in a research report on Sunday, October 15th. Finally, Morgan Stanley lifted their target price on 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. Six research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. Western Union Company (The) presently has a consensus rating of “Hold” and an average target price of $20.14.

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In other news, EVP Jean Claude Farah sold 17,518 shares of Western Union Company (The) stock in a transaction dated Friday, November 3rd. The stock was sold at an average price of $20.50, for a total transaction of $359,119.00. Following the sale, the executive vice president now directly owns 139,500 shares of the company’s stock, valued at $2,859,750. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.10% of the company’s stock.

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.

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

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