Hilltop Holdings Inc. Has $152,000 Stock Holdings in The Western Union Company (NYSE:WU)

Hilltop Holdings Inc. decreased its holdings in The Western Union Company (NYSE:WU - Free Report) by 85.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,759 shares of the credit services provider's stock after selling 73,517 shares during the quarter. Hilltop Holdings Inc.'s holdings in Western Union were worth $152,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of WU. SG Americas Securities LLC bought a new position in Western Union in the 2nd quarter valued at $290,000. Wealth Enhancement Advisory Services LLC increased its stake in shares of Western Union by 22.3% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 28,706 shares of the credit services provider's stock valued at $351,000 after buying an additional 5,241 shares during the period. PGGM Investments increased its stake in shares of Western Union by 21.1% in the 2nd quarter. PGGM Investments now owns 121,944 shares of the credit services provider's stock valued at $1,490,000 after buying an additional 21,269 shares during the period. Envestnet Portfolio Solutions Inc. increased its stake in shares of Western Union by 4.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 27,050 shares of the credit services provider's stock valued at $331,000 after buying an additional 1,091 shares during the period. Finally, Nisa Investment Advisors LLC increased its stake in shares of Western Union by 6.6% in the 2nd quarter. Nisa Investment Advisors LLC now owns 81,190 shares of the credit services provider's stock valued at $992,000 after buying an additional 5,030 shares during the period. Institutional investors own 91.81% of the company's stock.

Western Union Stock Up 1.2 %

Shares of Western Union stock traded up $0.13 during trading on Monday, reaching $10.93. The stock had a trading volume of 5,781,044 shares, compared to its average volume of 4,096,043. The company has a market capitalization of $3.69 billion, a price-to-earnings ratio of 5.61, a P/E/G ratio of 1.51 and a beta of 0.86. The stock has a fifty day moving average price of $11.17 and a two-hundred day moving average price of $11.84. The Western Union Company has a 52 week low of $10.51 and a 52 week high of $14.19. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 3.96.

Western Union (NYSE:WU - Get Free Report) last issued its quarterly earnings results on Wednesday, October 23rd. The credit services provider reported $0.46 EPS for the quarter, beating analysts' consensus estimates of $0.44 by $0.02. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.03 billion. Western Union had a return on equity of 120.39% and a net margin of 16.07%. The company's quarterly revenue was down 5.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.43 earnings per share. Sell-side analysts predict that The Western Union Company will post 1.77 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

WU has been the subject of several research reports. StockNews.com raised Western Union from a "sell" rating to a "hold" rating in a research note on Friday, October 25th. JPMorgan Chase & Co. lowered their target price on Western Union from $14.00 to $12.00 and set an "underweight" rating for the company in a research note on Tuesday, August 20th. UBS Group decreased their price objective on Western Union from $13.50 to $12.00 and set a "neutral" rating for the company in a research note on Thursday, October 24th. Finally, Keefe, Bruyette & Woods decreased their price objective on Western Union from $13.00 to $12.00 and set a "market perform" rating for the company in a research note on Monday. Three investment analysts have rated the stock with a sell rating and nine have assigned a hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $12.75.

About Western Union

The Western Union Company provides money movement and payment services worldwide. The company operates through Consumer Money Transfer and Consumer Services segments. The Consumer Money Transfer segment facilitates money transfers for international cross-border and intra-country transfers, primarily through a network of retail agent locations, as well as through websites and mobile devices.