Torray LLC raised its position in Western Union Company (The) (NYSE:WU) by 2.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 511,395 shares of the credit services provider’s stock after acquiring an additional 13,433 shares during the quarter. Torray LLC owned approximately 0.11% of Western Union Company (The) worth $9,819,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in WU. Arrowstreet Capital Limited Partnership lifted its stake in shares of Western Union Company (The) by 412.9% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,212,000 shares of the credit services provider’s stock worth $23,089,000 after buying an additional 975,700 shares during the last quarter. Clarkston Capital Partners LLC lifted its stake in shares of Western Union Company (The) by 12.6% during the 2nd quarter. Clarkston Capital Partners LLC now owns 8,472,724 shares of the credit services provider’s stock worth $161,405,000 after buying an additional 950,840 shares during the last quarter. FMR LLC lifted its stake in shares of Western Union Company (The) by 2.3% during the 2nd quarter. FMR LLC now owns 41,834,190 shares of the credit services provider’s stock worth $796,941,000 after buying an additional 926,405 shares during the last quarter. Van ECK Associates Corp acquired a new stake in shares of Western Union Company (The) during the 3rd quarter worth about $16,772,000. Finally, Marshall Wace North America L.P. lifted its stake in shares of Western Union Company (The) by 48.6% during the 2nd 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 buying an additional 740,507 shares during the last quarter.

In related news, EVP Jean Claude Farah sold 17,518 shares of the firm’s stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $20.50, for a total transaction of $359,119.00. Following the transaction, the executive vice president now directly owns 139,500 shares of the company’s stock, valued at $2,859,750. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.10% of the stock is currently owned by company insiders.

A number of analysts have recently issued reports on WU shares. ValuEngine cut shares of Western Union Company (The) from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Zacks Investment Research upgraded shares of Western Union Company (The) from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a research note on Monday, November 6th. Citigroup Inc. raised their target price on shares of Western Union Company (The) from $17.00 to $17.50 and gave the stock a “sell” rating in a research note on Friday, November 3rd. Morgan Stanley raised their target price on shares of Western Union Company (The) from $18.00 to $19.00 and gave the stock an “underweight” rating in a research note on Friday, November 3rd. Finally, Mizuho restated a “sell” rating and set a $16.00 target price on shares of Western Union Company (The) in a research note on Sunday, October 15th. Six research analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. Western Union Company (The) has an average rating of “Hold” and a consensus price target of $20.14.

Western Union Company (NYSE WU) traded up $0.10 during trading hours on Friday, reaching $19.65. 1,551,150 shares of the company were exchanged, compared to its average volume of 3,475,742. Western Union Company has a 1-year low of $18.39 and a 1-year high of $22.70. The company has a market capitalization of $8,979.17, a price-to-earnings ratio of 10.57, a price-to-earnings-growth ratio of 1.85 and a beta of 1.01. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 4.98.

Western Union Company (The) (NYSE:WU) last released its quarterly earnings results on Thursday, November 2nd. The credit services provider reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.09. Western Union Company (The) had a net margin of 3.83% and a return on equity of 116.85%. The business 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 earned $0.46 earnings per share. Western Union Company (The)’s revenue for the quarter was up 5.0% compared to the same quarter last year. analysts anticipate that Western Union Company will post 1.83 EPS for the current fiscal year.

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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.

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

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