Oak Associates Ltd. OH cut its position in Western Union Company (The) (NYSE:WU) by 23.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 221,870 shares of the credit services provider’s stock after selling 69,051 shares during the quarter. Oak Associates Ltd. OH’s holdings in Western Union Company (The) were worth $4,260,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of WU. Arrowstreet Capital Limited Partnership grew its stake in Western Union Company (The) by 412.9% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,212,000 shares of the credit services provider’s stock valued at $23,089,000 after buying an additional 975,700 shares during the last quarter. Clarkston Capital Partners LLC grew its position in Western Union Company (The) by 12.6% in the 2nd quarter. Clarkston Capital Partners LLC now owns 8,472,724 shares of the credit services provider’s stock worth $161,405,000 after purchasing an additional 950,840 shares during the last quarter. FMR LLC grew its position in Western Union Company (The) by 2.3% in the 2nd quarter. FMR LLC now owns 41,834,190 shares of the credit services provider’s stock worth $796,941,000 after purchasing an additional 926,405 shares during the last quarter. Marshall Wace North America L.P. grew its position in Western Union Company (The) by 48.6% in the 2nd quarter. Marshall Wace North America L.P. now owns 2,262,915 shares of the credit services provider’s stock worth $42,995,000 after purchasing an additional 740,507 shares during the last quarter. Finally, Thompson Siegel & Walmsley LLC grew its position in Western Union Company (The) by 34.2% in the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 2,776,892 shares of the credit services provider’s stock worth $52,899,000 after purchasing an additional 708,107 shares during the last quarter.

Several research firms have issued reports on WU. Mizuho restated a “sell” rating and issued a $16.00 price target on shares of Western Union Company (The) in a research report on Sunday, October 15th. Jefferies Group LLC restated a “hold” rating and issued a $19.00 price target on shares of Western Union Company (The) in a research report on Thursday, October 12th. Barclays PLC raised their price target on shares of Western Union Company (The) from $21.00 to $22.00 and gave the stock an “underweight” rating in a research report on Friday, August 4th. Zacks Investment Research upgraded shares of Western Union Company (The) from a “hold” rating to a “buy” rating and set a $22.00 target price on the stock in a research report on Monday, November 6th. Finally, Citigroup Inc. lifted their target price on shares of Western Union Company (The) from $17.00 to $17.50 and gave the company a “sell” rating in a research report on Friday, November 3rd. Six research analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. Western Union Company (The) currently has an average rating of “Hold” and an average target price of $20.14.

WARNING: This news story was published by Daily Political and is the sole property of of Daily Political. If you are reading this news story on another site, it was stolen and republished in violation of US and international trademark and copyright law. The legal version of this news story can be viewed at https://www.dailypolitical.com/2017/11/15/oak-associates-ltd-oh-sells-69051-shares-of-western-union-company-the-wu.html.

In other Western Union Company (The) news, EVP Jean Claude Farah sold 17,518 shares of the business’s stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $20.50, for a total value of $359,119.00. Following the completion of the transaction, the executive vice president now directly owns 139,500 shares of the company’s stock, valued at $2,859,750. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 1.10% of the company’s stock.

Shares of Western Union Company (WU) traded up $0.13 during midday trading on Wednesday, hitting $19.65. 2,996,500 shares of the company’s stock were exchanged, compared to its average volume of 4,284,318. Western Union Company has a one year low of $18.39 and a one year high of $22.70. The company has a market capitalization of $8,965.39, a P/E ratio of 10.55, a PEG ratio of 1.85 and a beta of 1.01. The company has a debt-to-equity ratio of 4.98, a quick ratio of 1.00 and a current ratio of 1.00.

Western Union Company (The) (NYSE:WU) last announced its earnings results on Thursday, November 2nd. The credit services provider reported $0.53 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.44 by $0.09. Western Union Company (The) had a net margin of 3.83% and a return on equity of 116.85%. The company had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same period in the previous year, the firm posted $0.46 earnings per share. The company’s revenue was up 5.0% on a year-over-year basis. research analysts expect that Western Union Company will post 1.83 earnings per share for the current year.

Western Union Company (The) 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.

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

Receive News & Ratings for Western Union Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Union Company (The) and related companies with MarketBeat.com's FREE daily email newsletter.