Western Union Company (The) (NYSE:WU) – Equities research analysts at Jefferies Group issued their Q3 2017 earnings per share estimates for shares of Western Union Company (The) in a research note issued on Tuesday. Jefferies Group analyst R. El-Assal forecasts that the credit services provider will post earnings of $0.44 per share for the quarter. Jefferies Group also issued estimates for Western Union Company (The)’s Q4 2017 earnings at $0.42 EPS.

Other research analysts have also issued research reports about the company. Stifel Nicolaus reiterated a “hold” rating and set a $20.00 price target (up previously from $19.00) on shares of Western Union Company (The) in a research report on Wednesday. BidaskClub lowered Western Union Company (The) from a “hold” rating to a “sell” rating in a research report on Friday, June 9th. TheStreet upgraded Western Union Company (The) from a “c” rating to a “b-” rating in a research report on Tuesday, May 2nd. Zacks Investment Research lowered Western Union Company (The) from a “buy” rating to a “hold” rating in a research report on Thursday, May 4th. Finally, Mizuho assumed coverage on Western Union Company (The) in a research report on Tuesday, June 27th. They set an “underperform” rating and a $16.00 price target for the company. Six investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company. Western Union Company (The) currently has a consensus rating of “Hold” and a consensus price target of $20.27.

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Western Union Company (NYSE:WU) opened at 19.28 on Thursday. The firm has a 50-day moving average price of $19.14 and a 200 day moving average price of $19.54. The stock has a market cap of $9.09 billion, a PE ratio of 41.82 and a beta of 1.19. Western Union Company has a 52-week low of $18.42 and a 52-week high of $22.70.

Western Union Company (The) (NYSE:WU) last released its quarterly earnings data on Thursday, August 3rd. The credit services provider reported $0.50 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.08. The firm had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.37 billion. Western Union Company (The) had a return on equity of 92.41% and a net margin of 3.50%. Western Union Company (The)’s revenue was up .2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.44 earnings per share.

Hedge funds have recently made changes to their positions in the stock. Financial Architects Inc raised its stake in shares of Western Union Company (The) by 2.1% in the second quarter. Financial Architects Inc now owns 6,951 shares of the credit services provider’s stock valued at $132,000 after buying an additional 144 shares during the period. Loudon Investment Management LLC raised its stake in shares of Western Union Company (The) by 1.4% in the second quarter. Loudon Investment Management LLC now owns 11,170 shares of the credit services provider’s stock valued at $213,000 after buying an additional 150 shares during the period. Pacer Advisors Inc. raised its stake in shares of Western Union Company (The) by 3.1% in the first quarter. Pacer Advisors Inc. now owns 7,482 shares of the credit services provider’s stock valued at $152,000 after buying an additional 224 shares during the period. Hanson & Doremus Investment Management raised its stake in shares of Western Union Company (The) by 0.3% in the second quarter. Hanson & Doremus Investment Management now owns 75,046 shares of the credit services provider’s stock valued at $1,430,000 after buying an additional 239 shares during the period. Finally, IFP Advisors Inc raised its stake in shares of Western Union Company (The) by 3.1% in the second quarter. IFP Advisors Inc now owns 7,836 shares of the credit services provider’s stock valued at $149,000 after buying an additional 239 shares during the period.

In other news, EVP John David Thompson sold 23,500 shares of the company’s stock in a transaction on Friday, August 4th. The stock was sold at an average price of $20.12, for a total value of $472,820.00. Following the completion of the sale, the executive vice president now owns 129,650 shares in the company, valued at $2,608,558. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 1.10% of the company’s stock.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be issued a $0.175 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.70 annualized dividend and a dividend yield of 3.63%. Western Union Company (The)’s dividend payout ratio (DPR) is 179.49%.

Western Union Company (The) 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.

Earnings History and Estimates for Western Union Company (The) (NYSE:WU)

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