Sells 178018 Shares of Western Union Company (The) (WU)

Finally, Mizuho initiated coverage on shares of Western Union Company (The) in a research report on Tuesday, June 27th. APG Asset Management N.V. now owns 4,452,646 shares of the credit services provider's stock valued at $84,823,000 after buying an additional 51,494 shares during the period. IFP Advisors boosted its position in Western Union Company (The) by 3.1% in the Fiscal Q2. Thrivent Financial for Lutherans now owns 16,540 shares of the credit services provider's stock worth $359,000 after buying an additional 590 shares during the period. The Global X Management Co Llc holds 55,664 shares with $1.21 million value, down from 72,491 last quarter. Tiedemann Wealth Mgmt Limited Liability Company reported 0.06% of its portfolio in The Western Union Company (NYSE:WU). BlackRock Inc. boosted its position in shares of Western Union Company (The) by 3,333.4% in the first quarter. Vanguard Group Inc. boosted its position in shares of Western Union Company (The) by 1.6% in the first quarter. Integrated Investment Consultants LLC now owns 12,050 shares of the credit services provider's stock worth $245,000 after buying an additional 250 shares during the period.

ILLEGAL ACTIVITY WARNING: "Western Union Company (The)'s (NYSE:WU) "Hold" Rating Reaffirmed at Stifel Nicolaus" was reported by Week Herald and is the property of of Week Herald. The stock declined 1.56% or $0.3 reaching $18.98 per share. The company has a market cap of $8.77 billion, a P/E ratio of 48.59 and a beta of 1.19.

The Western Union Company is a well-known provider of money movement and payment services. The firm has a 50-day moving average price of $19.15 and a 200 day moving average price of $19.52.

Western Union Company (WU) opened at 18.90 on Friday. The credit services provider reported $0.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.42 by $0.08. The company had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.37 billion. Illinois-based Prudential Public Ltd Company has invested 0.03% in The Western Union Company (NYSE:WU).

Western Union Company (The) (NYSE:WU) last issued its quarterly earnings results on Thursday, August 3rd. During the same period in the prior year, the firm earned $0.44 EPS. The Western Union Company had 21 analyst reports since July 31, 2015 according to SRatingsIntel.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be issued a $0.175 dividend. The ex-dividend date will be on Wednesday the 14th of June 2017. Western Union Company (The)'s dividend payout ratio is now 179.49%. Williams Richard L also bought $5,847 worth of The Western Union Company (NYSE:WU) on Thursday, February 16. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and global copyright and trademark law. The legal version of this article can be viewed at https://stocknewstimes.com/2017/08/09/meritage-portfolio-management-sells-1595-shares-of-western-union-company-the-nysewu-updated.html. Barclays Capital maintained the shares of WU in report on Thursday, August 4 with "Underweight" rating. They released an "underperform" recommendation and a $16.00 price target for The corporation. around seven research experts recommended the company shares with a sell recommendation, six has issued a hold recommendation and 1 has released a buy recommendation to the firms shares. the share now has a average recommendation of "Hold" and a consensus price objective of $19.93. Barclays PLC raised their price objective on Western Union Company (The) from $21.00 to $22.00 and gave the stock an "underweight" rating in a report on Friday, August 4th.

For this year, The Western Union Company (NYSE:WU) is performing -12.94%. Below is a list of The Western Union Company (NYSE:WU) latest ratings and price target changes. Six analysts have rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company. Currently, the stock has a 1 Year Price Target of $19.82.

In other news, EVP John David Thompson sold 23,500 shares of the stock in a transaction on Friday, August 4th. The shares were sold at an average price of $20.12, for a total transaction of $472,820.00. Following the completion of the sale, the executive vice president now directly owns 129,650 shares in the company, valued at $2,608,558. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Moreover, Howe And Rusling has 0% invested in The Western Union Company (NYSE:WU). The corporation operates through around three segments: Consumer-to-Consumer, Consumer-to-Business and Business Solutions. the firms Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents.