Insight Folios Inc Purchases 46,087 Shares of The Western Union Company (NYSE:WU)

Insight Folios Inc grew its stake in The Western Union Company (NYSE:WU - Free Report) by 11.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 466,494 shares of the credit services provider's stock after purchasing an additional 46,087 shares during the period. Insight Folios Inc owned approximately 0.14% of Western Union worth $5,565,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Hennion & Walsh Asset Management Inc. grew its position in Western Union by 1.6% during the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 112,237 shares of the credit services provider's stock worth $1,569,000 after acquiring an additional 1,793 shares during the last quarter. Hexagon Capital Partners LLC grew its position in Western Union by 110.3% during the 1st quarter. Hexagon Capital Partners LLC now owns 10,047 shares of the credit services provider's stock worth $140,000 after acquiring an additional 5,269 shares during the last quarter. Oak Thistle LLC bought a new stake in Western Union during the 1st quarter worth approximately $201,000. Marshall Financial Group LLC grew its position in Western Union by 11.6% during the 1st quarter. Marshall Financial Group LLC now owns 64,881 shares of the credit services provider's stock worth $907,000 after acquiring an additional 6,735 shares during the last quarter. Finally, Van ECK Associates Corp grew its position in Western Union by 25.7% during the 1st quarter. Van ECK Associates Corp now owns 317,656 shares of the credit services provider's stock worth $4,441,000 after acquiring an additional 64,967 shares during the last quarter. 91.81% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. JPMorgan Chase & Co. decreased their price target on Western Union from $14.00 to $12.00 and set an "underweight" rating on the stock in a research report on Tuesday, August 20th. Royal Bank of Canada reduced their price objective on Western Union from $16.00 to $14.00 and set a "sector perform" rating on the stock in a report on Wednesday, July 31st. StockNews.com raised Western Union from a "sell" rating to a "hold" rating in a report on Friday. Citigroup reaffirmed a "neutral" rating and set a $13.00 price objective on shares of Western Union in a report on Wednesday, July 17th. Finally, UBS Group reduced their price objective on Western Union from $13.50 to $12.00 and set a "neutral" rating on the stock in a report on Thursday. Three investment analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $12.86.

Western Union Trading Up 0.4 %

Western Union stock traded up $0.05 during mid-day trading on Monday, hitting $11.22. 3,288,773 shares of the company's stock were exchanged, compared to its average volume of 4,066,415. The firm has a market capitalization of $3.79 billion, a P/E ratio of 5.76, a PEG ratio of 1.67 and a beta of 0.86. The Western Union Company has a fifty-two week low of $10.92 and a fifty-two week high of $14.19. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 3.96. The company's 50 day simple moving average is $11.85 and its 200-day simple moving average is $12.35.

Western Union (NYSE:WU - Get Free Report) last issued its quarterly earnings data on Wednesday, October 23rd. The credit services provider reported $0.46 EPS for the quarter, topping the consensus estimate of $0.44 by $0.02. The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.03 billion. Western Union had a return on equity of 120.39% and a net margin of 16.07%. The firm's revenue was down 5.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.43 EPS. On average, equities analysts anticipate that The Western Union Company will post 1.77 earnings per share for the current year.

Western Union Company Profile

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.