Western Union Co. (NYSE:WU)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $21.43 and last traded at $21.41, with a volume of 3,507,506 shares trading hands. The stock had previously closed at $21.20.

A number of equities analysts have recently commented on the stock. Zacks Investment Research raised shares of Western Union from a “hold” rating to a “buy” rating and set a $22.00 target price on the stock in a research note on Monday, April 25th. BTIG Research reissued a “buy” rating and issued a $23.00 target price on shares of Western Union in a research note on Monday, August 1st. Vetr raised shares of Western Union from a “strong sell” rating to a “sell” rating and set a $16.79 target price on the stock in a research note on Thursday, May 5th. Barclays PLC raised their target price on shares of Western Union from $20.00 to $21.00 and gave the company an “underweight” rating in a research note on Thursday, August 4th. Finally, Citigroup Inc. raised their target price on shares of Western Union from $15.50 to $17.00 and gave the company a “sell” rating in a research note on Thursday, August 4th. Six research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $19.05.

The company’s 50-day moving average is $20.32 and its 200-day moving average is $19.40. The firm has a market capitalization of $10.44 billion and a price-to-earnings ratio of 12.88.

Western Union (NYSE:WU) last issued its earnings results on Wednesday, August 3rd. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.02. The firm had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.38 billion. Western Union’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.41 earnings per share. On average, equities research analysts anticipate that Western Union Co. will post $1.65 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Friday, September 16th will be given a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 2.99%. The ex-dividend date is Wednesday, September 14th.

A number of large investors recently added to or reduced their stakes in WU. Connor Clark & Lunn Investment Management Ltd. raised its stake in Western Union by 1,854.2% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 234,500 shares of the company’s stock worth $4,200,000 after buying an additional 222,500 shares during the last quarter. Morgan Stanley raised its stake in Western Union by 13.6% in the fourth quarter. Morgan Stanley now owns 980,636 shares of the company’s stock worth $17,563,000 after buying an additional 117,688 shares during the last quarter. KBC Group NV raised its stake in Western Union by 23.3% in the fourth quarter. KBC Group NV now owns 384,432 shares of the company’s stock worth $6,885,000 after buying an additional 72,769 shares during the last quarter. State of Tennessee Treasury Department raised its stake in Western Union by 32.2% in the fourth quarter. State of Tennessee Treasury Department now owns 293,689 shares of the company’s stock worth $5,260,000 after buying an additional 71,479 shares during the last quarter. Finally, Victory Capital Management Inc. raised its stake in Western Union by 27.9% in the fourth quarter. Victory Capital Management Inc. now owns 107,977 shares of the company’s stock worth $1,934,000 after buying an additional 23,539 shares during the last quarter.

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. Western Union’s Consumer-to-Consumer segment is engaged in individual money transfers from one consumer to another.

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