JFS Wealth Advisors LLC raised its stake in Western Union Company (The) (NYSE:WU) by 0.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,682 shares of the credit services provider’s stock after buying an additional 7 shares during the period. JFS Wealth Advisors LLC’s holdings in Western Union Company (The) were worth $165,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. CAPROCK Group Inc. raised its stake in Western Union Company (The) by 19.4% in the second quarter. CAPROCK Group Inc. now owns 28,643 shares of the credit services provider’s stock valued at $546,000 after buying an additional 4,658 shares during the period. Great West Life Assurance Co. Can raised its stake in Western Union Company (The) by 0.5% in the second quarter. Great West Life Assurance Co. Can now owns 537,153 shares of the credit services provider’s stock valued at $10,217,000 after buying an additional 2,551 shares during the period. NGAM Advisors L.P. raised its stake in Western Union Company (The) by 2.6% in the second quarter. NGAM Advisors L.P. now owns 190,288 shares of the credit services provider’s stock valued at $3,625,000 after buying an additional 4,753 shares during the period. Hanson & Doremus Investment Management raised its stake in 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, Strs Ohio raised its stake in Western Union Company (The) by 2.3% in the second quarter. Strs Ohio now owns 20,750 shares of the credit services provider’s stock valued at $395,000 after buying an additional 466 shares during the period.

Western Union Company (NYSE:WU) opened at 19.72 on Friday. The company’s 50 day moving average is $19.09 and its 200-day moving average is $19.60. The firm has a market cap of $9.29 billion, a price-to-earnings ratio of 42.78 and a beta of 1.19. Western Union Company has a 1-year low of $18.42 and a 1-year high of $22.70.

Western Union Company (The) (NYSE:WU) last released its quarterly earnings results on Thursday, August 3rd. The credit services provider reported $0.50 EPS for the quarter, beating the Zacks’ consensus estimate of $0.42 by $0.08. The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.37 billion. Western Union Company (The) had a net margin of 3.50% and a return on equity of 84.38%. The company’s revenue for the quarter was up .2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.44 earnings per share. On average, analysts predict that Western Union Company will post $1.69 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be given a $0.175 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.70 dividend on an annualized basis and a yield of 3.55%. Western Union Company (The)’s dividend payout ratio (DPR) is presently 179.49%.

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Several research firms recently weighed in on WU. Barclays PLC increased their price objective on shares of Western Union Company (The) from $21.00 to $22.00 and gave the stock an “underweight” rating in a research note on Friday. Mizuho assumed coverage on shares of Western Union Company (The) in a research note on Tuesday, June 27th. They set an “underperform” rating and a $16.00 price objective on the stock. BidaskClub lowered shares of Western Union Company (The) from a “hold” rating to a “sell” rating in a research note on Friday, June 9th. TheStreet upgraded shares of Western Union Company (The) from a “c” rating to a “b-” rating in a research note on Tuesday, May 2nd. Finally, Zacks Investment Research lowered shares of Western Union Company (The) from a “buy” rating to a “hold” rating in a research note on Thursday, May 4th. Six analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company. Western Union Company (The) presently has a consensus rating of “Hold” and a consensus price target of $20.29.

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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