Western Union Company (The) (NYSE:WU) – Analysts at Northcoast Research increased their FY2018 EPS estimates for shares of Western Union Company (The) in a report issued on Friday. Northcoast Research analyst K. Mehta now anticipates that the credit services provider will post earnings of $1.90 per share for the year, up from their previous estimate of $1.85.

Several other research analysts also recently commented on the stock. Barclays PLC lifted their target price 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 issued an “underperform” rating and a $16.00 target price on the stock. BidaskClub downgraded shares of Western Union Company (The) from a “hold” rating to a “sell” rating in a research note on Friday, June 9th. TheStreet raised 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 downgraded 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 assigned a buy rating to the stock. Western Union Company (The) has a consensus rating of “Hold” and a consensus target price of $20.29.

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Western Union Company (The) (NYSE:WU) last announced its quarterly earnings results on Thursday, August 3rd. The credit services provider reported $0.50 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.42 by $0.08. Western Union Company (The) had a net margin of 3.50% and a return on equity of 92.41%. The firm had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.37 billion. During the same period in the prior year, the company posted $0.44 EPS. The company’s revenue was up .2% on a year-over-year basis.

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

A number of institutional investors have recently made changes to their positions in WU. Teachers Advisors LLC boosted its position in shares of Western Union Company (The) by 14.0% in the fourth quarter. Teachers Advisors LLC now owns 611,489 shares of the credit services provider’s stock worth $13,282,000 after buying an additional 75,267 shares during the last quarter. Suntrust Banks Inc. boosted its position in shares of Western Union Company (The) by 17.8% in the first quarter. Suntrust Banks Inc. now owns 118,191 shares of the credit services provider’s stock worth $2,403,000 after buying an additional 17,879 shares during the last quarter. Profund Advisors LLC boosted its position in shares of Western Union Company (The) by 4.3% in the first quarter. Profund Advisors LLC now owns 15,757 shares of the credit services provider’s stock worth $321,000 after buying an additional 654 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its position in shares of Western Union Company (The) by 3.0% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,492,020 shares of the credit services provider’s stock worth $30,363,000 after buying an additional 43,672 shares during the last quarter. Finally, Toronto Dominion Bank boosted its position in shares of Western Union Company (The) by 55.3% in the first quarter. Toronto Dominion Bank now owns 129,875 shares of the credit services provider’s stock worth $2,642,000 after buying an additional 46,243 shares during the last quarter.

About Western Union Company (The)

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.

Earnings History and Estimates for Western Union Company (The) (NYSE:WU)

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