Shares of Western Union Company (The) (NYSE:WU) have been given an average rating of “Hold” by the fifteen analysts that are presently covering the stock, Marketbeat.com reports. Six equities research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $20.14.

Several research analysts have commented on WU shares. ValuEngine downgraded shares of Western Union from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Zacks Investment Research raised shares of Western Union from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a report on Monday, November 6th. Citigroup increased their price objective on shares of Western Union from $17.00 to $17.50 and gave the company a “sell” rating in a report on Friday, November 3rd. Morgan Stanley increased their price objective on shares of Western Union from $18.00 to $19.00 and gave the company an “underweight” rating in a report on Friday, November 3rd. Finally, Mizuho reissued a “sell” rating and set a $16.00 price objective on shares of Western Union in a report on Sunday, October 15th.

In related news, EVP Jean Claude Farah sold 17,518 shares of the 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 owns 139,500 shares of the company’s stock, valued at approximately $2,859,750. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.10% of the stock is currently owned by company insiders.

Several large investors have recently made changes to their positions in WU. Fiduciary Trust Co. purchased a new stake in Western Union in the 2nd quarter worth about $121,000. Capstone Investment Advisors Netherlands B.V. purchased a new stake in Western Union in the 2nd quarter worth about $129,000. IFP Advisors Inc raised its position in Western Union by 3.1% in the 2nd quarter. IFP Advisors Inc now owns 7,836 shares of the credit services provider’s stock worth $149,000 after purchasing an additional 239 shares during the period. Pacer Advisors Inc. raised its position in Western Union by 8.4% in the 2nd quarter. Pacer Advisors Inc. now owns 8,109 shares of the credit services provider’s stock worth $154,000 after purchasing an additional 627 shares during the period. Finally, Steward Partners Investment Advisory LLC purchased a new stake in Western Union in the 3rd quarter worth about $186,000.

Western Union (NYSE WU) opened at $19.40 on Thursday. The firm has a market cap of $9,052.65, a price-to-earnings ratio of 10.65, a P/E/G ratio of 1.87 and a beta of 1.00. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 4.98. Western Union has a 1-year low of $18.39 and a 1-year high of $22.70.

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

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About Western Union

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.

Analyst Recommendations for Western Union (NYSE:WU)

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