Yorktown Management & Research Co Inc bought a new position in Western Union Company (The) (NYSE:WU) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 20,100 shares of the company’s stock, valued at approximately $418,000.

Several other hedge funds have also modified their holdings of the company. Loomis Sayles & Co. L P raised its position in Western Union Company (The) by 1.0% in the second quarter. Loomis Sayles & Co. L P now owns 9,182 shares of the company’s stock valued at $176,000 after buying an additional 95 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in Western Union Company (The) by 1.8% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,258 shares of the company’s stock valued at $196,000 after buying an additional 186 shares in the last quarter. Candriam Luxembourg S.C.A. raised its position in Western Union Company (The) by 0.4% in the second quarter. Candriam Luxembourg S.C.A. now owns 48,295 shares of the company’s stock valued at $926,000 after buying an additional 192 shares in the last quarter. Sumitomo Mitsui Asset Management Company LTD raised its position in Western Union Company (The) by 0.6% in the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 39,614 shares of the company’s stock valued at $759,000 after buying an additional 217 shares in the last quarter. Finally, DORCHESTER WEALTH MANAGEMENT Co raised its position in Western Union Company (The) by 0.3% in the third quarter. DORCHESTER WEALTH MANAGEMENT Co now owns 164,985 shares of the company’s stock valued at $3,435,000 after buying an additional 425 shares in the last quarter.

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

Western Union Company (NYSE:WU) traded up 0.23% during mid-day trading on Friday, hitting $22.17. 3,919,434 shares of the stock were exchanged. Western Union Company has a 12-month low of $16.02 and a 12-month high of $22.70. The stock has a market capitalization of $10.75 billion, a P/E ratio of 13.43 and a beta of 1.17. The firm has a 50-day moving average price of $21.74 and a 200-day moving average price of $20.72.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 30th. Investors of record on Monday, December 19th were issued a $0.16 dividend. The ex-dividend date of this dividend was Thursday, December 15th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.89%. Western Union Company (The)’s dividend payout ratio is 38.79%.

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Several equities analysts have recently commented on the stock. Guggenheim assumed coverage on shares of Western Union Company (The) in a research report on Wednesday, January 4th. They set a “neutral” rating and a $23.00 price target for the company. Zacks Investment Research upgraded shares of Western Union Company (The) from a “sell” rating to a “hold” rating in a research report on Thursday, November 3rd. Jefferies Group reiterated a “hold” rating and issued a $19.00 target price on shares of Western Union Company (The) in a research report on Thursday, November 3rd. Finally, BTIG Research set a $23.00 target price on shares of Western Union Company (The) and gave the company a “buy” rating in a research report on Monday, October 24th. Eight research analysts have rated the stock with a sell rating, eleven have given a hold rating and one has issued a buy rating to the company. Western Union Company (The) currently has an average rating of “Hold” and a consensus target price of $19.17.

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

5 Day Chart for NYSE:WU

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