Burning Stock on the move: The Western Union Company (WU)

The firm owned 116,275 shares of the credit services provider's stock after selling 1,595 shares during the period. Breton Hill Capital Ltd.'s holdings in Western Union Company (The) were worth $1,781,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in WU. Finally, Integrated Investment Consultants LLC increased its stake in Western Union Company (The) by 2.1% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,492,020 shares of the credit services provider's stock valued at $30,363,000 after buying an additional 43,672 shares in the last quarter. Oxbow Advisors LLC boosted its position in Western Union Company (The) by 0.9% in the second quarter. Granite Investment Advisors LLC now owns 297,112 shares of the credit services provider's stock worth $6,046,000 after buying an additional 33,058 shares in the last quarter. BlackRock Inc. boosted its position in shares of Western Union Company (The) by 3,333.4% in the first quarter. Suntrust Banks Inc. now owns 118,191 shares of the credit services provider's stock valued at $2,403,000 after buying an additional 17,879 shares during the last quarter. BB&T Corp now owns 543,671 shares of the credit services provider's stock valued at $10,357,000 after buying an additional 3,578 shares during the period. Fiduciary Trust Co. acquired a new position in shares of Western Union Company (The) during the second quarter worth $121,000. Profund Advisors LLC now owns 15,757 shares of the credit services provider's stock valued at $321,000 after buying an additional 654 shares during the period.

Western Union Company (NYSE WU) opened at 19.38 on Monday. The stock has a 50 day moving average price of $19.15 and a 200 day moving average price of $19.52. The company has market cap of $8.95 billion. Catalyst Capital Advsr Lc has 0.25% invested in The Western Union Company (NYSE:WU).

Western Union Company (The) (NYSE:WU) last posted its quarterly earnings results on Thursday, August 3rd. The credit services provider reported $0.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.42 by $0.08. TheStreet lifted Western Union Company (The) from a "c" recommendation to a "b-" recommendation in a study on Tue, May 2nd. The business had revenue of $1.38 billion for the quarter, compared to analysts' expectations of $1.37 billion. During the same period in the prior year, the business posted $0.44 earnings per share. State of Alaska Department of Revenue increased its position in Western Union Company (The) by 17.2% in the first quarter.

The company also recently announced a dividend for shareholders payable on Friday September 29th, 2017. Investors of record on Friday, September 15th will be issued a $0.175 dividend. This dividend amount will represent a yeild of $3.63. The ex-dividend date of this dividend is Thurs, Sep 14th. this indicates a $0.70 dividend on a yearly basis and a payout of 3.55%. Gvo Asset Management Ltd owns 1.61 million shares or 21.07% of their U.S. portfolio.

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A number of research firms have recently commented on WU.

Western Union Company (The) now has a P/E ratio of 48.59 and the market value is 8.77B. They released an "underperform" recommendation and a $16.00 price target for The corporation. around seven research experts recommended the company shares with a sell recommendation, six has issued a hold recommendation and 1 has released a buy recommendation to the firms shares. the share now has a average recommendation of "Hold" and a consensus price objective of $19.93. Barclays PLC increased their target price on shares of Western Union Company (The) from $21.00 to $22.00 and gave the company an underweight rating in a report on Friday, August 4th.

Many analysts have provided their estimated foresights on The Western Union Company Earnings, with 21 analysts believing the company would generate an Average Estimate of $0.45. Royal Bank Of Canada reiterated a hold rating and issued a $23.00 target price on shares of Western Union Company (The) in a report on Thursday, April 13th. Six analysts have rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company. The stock was sold at an average price of $20.12, for a total value of $472,820.00.

In other news, EVP John David Thompson sold 23,500 shares of the stock in a transaction on Friday, August 4th. Following the completion of the sale, the executive vice president now owns 129,650 shares of the company's stock, valued at $2,608,558. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

The Western Union Company (Western Union) is a provider of money movement and payment services. The Company's Comcast Cable business operates in the Cable Communications segment.

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