Western Union Co (NYSE:WU) Shifting Institutional Investors Sentiment
Sentiment for Western Union Co (NYSE:WU)
Western Union Co (NYSE:WU) institutional sentiment decreased to 0.78 in 2017 Q2. Its down -0.09, from 0.87 in 2017Q1. The ratio turned negative, as 191 active investment managers opened new and increased holdings, while 244 sold and reduced their stock positions in Western Union Co. The active investment managers in our partner’s database reported: 470.19 million shares, down from 485.46 million shares in 2017Q1. Also, the number of active investment managers holding Western Union Co in their top 10 holdings was flat from 3 to 3 for the same number . Sold All: 47 Reduced: 197 Increased: 139 New Position: 52.
The Western Union Company is a well-known provider of money movement and payment services. The company has market cap of $8.79 billion. The Firm operates through three divisions: Consumer-to-Consumer, Consumer-to-Business and Business Solutions. It has a 47.91 P/E ratio. The Company’s Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents.
It is down 0.64% since September 21, 2016 and is uptrending. It has underperformed by 16.06% the S&P500.
Investors wait The Western Union Company (NYSE:WU) to report on November, 7. its quarterly earnings Wall Street analysts expect $0.44 EPS, $0.00 or 0.00 % from last year’s $0.44 same quarter earnings. This translates into $204.08 million profit for WU giving the stock a 10.76 P/E. This is assuming the current $0.44 EPS is accurate. The Western Union Company’s Wall Street analysts see -12.00 % negative EPS growth, taking into account the $0.50 EPS reproted in the previous quarter,
Abrams Capital Management L.P. holds 16.36% of its portfolio in The Western Union Company for 21.61 million shares. Clarkston Capital Partners Llc owns 8.47 million shares or 7.2% of their US portfolio. Moreover, Intrepid Capital Management Inc has 5.16% invested in the company for 692,327 shares. The Tennessee-based Southernsun Asset Management Llc has invested 3.68% in the stock. Kempner Capital Management Inc., a Texas-based fund reported 269,936 shares.#img1#
The Western Union Company (NYSE:WU) Ratings Coverage
Ratings analysis reveals 14% of The Western Union Company’s analysts are positive. Out of 14 Wall Street analysts rating The Western Union Company, 2 give it “Buy”, 7 “Sell” rating, while 5 recommend “Hold”. The lowest target is $15.50 while the high is $2300. The stock’s average target of $19.92 is 5.12% above today’s ($18.95) share price. WU was included in 23 notes of analysts from July 31, 2015. The rating was maintained by RBC Capital Markets on Friday, June 16 with “Hold”. The rating was initiated by Guggenheim with “Neutral” on Thursday, January 5. On Tuesday, September 1 the stock rating was downgraded by Zacks to “Buy”. Compass Point downgraded the stock to “Sell” rating in Friday, January 20 report. The stock of The Western Union Company (NYSE:WU) has “Equal Weight” rating given on Friday, July 31 by Barclays Capital. The firm has “Hold” rating by Stifel Nicolaus given on Friday, August 4. Barclays Capital maintained the stock with “Underweight” rating in Thursday, August 4 report. Compass Point initiated it with “Neutral” rating and $20 target in Friday, April 15 report. The firm earned “Negative” rating on Monday, September 19 by Susquehanna. The firm has “Hold” rating given on Tuesday, August 25 by Zacks.
More notable recent The Western Union Company (NYSE:WU) news were published by: Nasdaq.com which released: “Western Union Company (WU) Ex-Dividend Date Scheduled for September 14, 2017” on September 13, 2017, also Businesswire.com with their article: “The Western Union Foundation Awards 174 Scholarships Globally” published on September 19, 2017, Nasdaq.com published: “Why Is Western Union (WU) Down 4% Since the Last Earnings Report?” on September 05, 2017. More interesting news about The Western Union Company (NYSE:WU) were released by: Businesswire.com and their article: “Anti-Money Laundering, Anti-Fraud and Compliance Conference” published on September 18, 2017 as well as Bizjournals.com‘s news article titled: “Western Union to move its global HQ to Denver Tech Center” with publication date: August 29, 2017.