Becker Capital Management Inc. lowered its position in shares of The Western Union Company (NYSE:WU) by 1.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 89,997 shares of the credit services provider’s stock after selling 1,060 shares during the period. Becker Capital Management Inc.’s holdings in The Western Union were worth $1,535,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Valeo Financial Advisors LLC boosted its position in The Western Union by 76.0% during the fourth quarter. Valeo Financial Advisors LLC now owns 1,853 shares of the credit services provider’s stock valued at $32,000 after purchasing an additional 800 shares in the last quarter. Legacy Financial Advisors Inc. boosted its position in The Western Union by 252.1% during the fourth quarter. Legacy Financial Advisors Inc. now owns 2,218 shares of the credit services provider’s stock valued at $38,000 after purchasing an additional 1,588 shares in the last quarter. First Mercantile Trust Co. boosted its position in The Western Union by 50.2% during the fourth quarter. First Mercantile Trust Co. now owns 4,970 shares of the credit services provider’s stock valued at $85,000 after purchasing an additional 1,660 shares in the last quarter. FIL Ltd bought a new stake in The Western Union during the third quarter valued at about $158,000. Finally, Migdal Insurance & Financial Holdings Ltd. boosted its position in The Western Union by 121.2% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 9,290 shares of the credit services provider’s stock valued at $177,000 after purchasing an additional 5,091 shares in the last quarter.

Shares of NYSE WU opened at $18.32 on Friday. The stock has a market capitalization of $8.20 billion, a price-to-earnings ratio of 10.18, a price-to-earnings-growth ratio of 2.23 and a beta of 0.94. The Western Union Company has a fifty-two week low of $16.42 and a fifty-two week high of $21.37.

The Western Union (NYSE:WU) last issued its quarterly earnings results on Thursday, February 7th. The credit services provider reported $0.49 earnings per share for the quarter, hitting the consensus estimate of $0.49. The business had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.44 billion. The Western Union had a negative return on equity of 194.60% and a negative net margin of 8.55%. The company’s quarterly revenue was down 2.6% on a year-over-year basis. During the same quarter last year, the company earned $0.47 earnings per share. Sell-side analysts forecast that The Western Union Company will post 1.92 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Friday, March 15th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 4.37%. This is an increase from The Western Union’s previous quarterly dividend of $0.19. The Western Union’s dividend payout ratio (DPR) is currently 42.22%.

A number of brokerages recently weighed in on WU. Zacks Investment Research downgraded The Western Union from a “buy” rating to a “hold” rating in a research report on Saturday, January 12th. ValuEngine raised The Western Union from a “sell” rating to a “hold” rating in a research report on Tuesday, December 11th. Keefe, Bruyette & Woods began coverage on The Western Union in a research report on Thursday, December 6th. They set a “market perform” rating on the stock. Barclays began coverage on The Western Union in a research report on Wednesday, November 14th. They set an “underweight” rating and a $18.00 price objective on the stock. Finally, Wells Fargo & Co downgraded The Western Union from an “outperform” rating to a “market perform” rating and set a $20.00 price objective on the stock. in a research report on Tuesday, November 6th. Two equities research analysts have rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. The Western Union has an average rating of “Hold” and a consensus target price of $19.20.

In other The Western Union news, EVP Caroline Tsai sold 2,440 shares of the firm’s stock in a transaction dated Tuesday, December 11th. The stock was sold at an average price of $18.51, for a total value of $45,164.40. Following the completion of the sale, the executive vice president now owns 43,244 shares of the company’s stock, valued at $800,446.44. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Rajesh K. Agrawal sold 21,950 shares of the firm’s stock in a transaction dated Friday, February 1st. The stock was sold at an average price of $18.35, for a total value of $402,782.50. Following the completion of the sale, the chief financial officer now directly owns 266,009 shares of the company’s stock, valued at approximately $4,881,265.15. The disclosure for this sale can be found here. In the last three months, insiders sold 45,274 shares of company stock valued at $828,697. Corporate insiders own 1.10% of the company’s stock.

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About The Western Union

The Western Union Company provides money movement and payment services worldwide. The company operates in two segments, Consumer-to-Consumer and Business Solutions. The Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents. This segment offers international cross-border transfers and intra-country transfers, as well as money transfer transactions through Websites and mobile devices.

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

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