Western Union Company (The) (NYSE:WU) – Equities research analysts at SunTrust Banks lowered their Q3 2017 earnings per share (EPS) estimates for shares of Western Union Company (The) in a research note issued to investors on Thursday. SunTrust Banks analyst A. Jeffrey now expects that the credit services provider will earn $0.45 per share for the quarter, down from their previous forecast of $0.46. SunTrust Banks also issued estimates for Western Union Company (The)’s Q4 2017 earnings at $0.43 EPS.

A number of other research firms have also weighed in on WU. TheStreet raised shares of Western Union Company (The) from a “c” rating to a “b-” rating in a research report on Tuesday, May 2nd. BidaskClub lowered shares of Western Union Company (The) from a “hold” rating to a “sell” rating in a research report on Friday, June 9th. Zacks Investment Research raised 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 note on Tuesday, May 2nd. Royal Bank Of Canada reissued a “hold” rating and issued a $23.00 target price on shares of Western Union Company (The) in a research note on Thursday, April 13th. Finally, Barclays PLC upped their target price on shares of Western Union Company (The) from $21.00 to $22.00 and gave the company an “underweight” rating in a research note on Friday. Six research analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company. Western Union Company (The) currently has a consensus rating of “Hold” and an average target price of $20.29.

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Shares of Western Union Company (WU) opened at 19.72 on Monday. Western Union Company has a 12 month low of $18.42 and a 12 month high of $22.70. The stock’s 50 day moving average price is $19.09 and its 200-day moving average price is $19.60. The stock has a market capitalization of $9.29 billion, a price-to-earnings ratio of 42.78 and a beta of 1.19.

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

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

Hedge funds have recently added to or reduced their stakes in the stock. Whittier Trust Co. increased its stake in Western Union Company (The) by 6.1% in the first quarter. Whittier Trust Co. now owns 4,992 shares of the credit services provider’s stock valued at $102,000 after buying an additional 288 shares in the last quarter. Financial Architects Inc increased its stake in Western Union Company (The) by 96.2% in the first quarter. Financial Architects Inc now owns 6,807 shares of the credit services provider’s stock valued at $139,000 after buying an additional 3,338 shares in the last quarter. Pacer Advisors Inc. increased its stake in Western Union Company (The) by 3.1% in the first quarter. Pacer Advisors Inc. now owns 7,482 shares of the credit services provider’s stock valued at $152,000 after buying an additional 224 shares in the last quarter. Van ECK Associates Corp increased its stake in Western Union Company (The) by 6.8% in the first quarter. Van ECK Associates Corp now owns 7,521 shares of the credit services provider’s stock valued at $153,000 after buying an additional 477 shares in the last quarter. Finally, Point72 Asia Hong Kong Ltd bought a new stake in Western Union Company (The) during the first quarter valued at approximately $154,000.

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.

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

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