The Western Union Company (NYSE:WU) Holdings Raised by Personal CFO Solutions LLC

Personal CFO Solutions LLC boosted its stake in The Western Union Company (NYSE:WU) by 6.6% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,227 shares of the credit services provider’s stock after buying an additional 877 shares during the quarter. Personal CFO Solutions LLC’s holdings in Western Union were worth $167,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Scotia Capital Inc. bought a new position in shares of Western Union during the 1st quarter valued at $252,000. Geneos Wealth Management Inc. raised its holdings in shares of Western Union by 387.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 22,078 shares of the credit services provider’s stock valued at $259,000 after purchasing an additional 17,551 shares in the last quarter. State of New Jersey Common Pension Fund D raised its holdings in shares of Western Union by 18.6% during the 2nd quarter. State of New Jersey Common Pension Fund D now owns 210,345 shares of the credit services provider’s stock valued at $2,467,000 after purchasing an additional 32,914 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its stake in Western Union by 615.4% in the 1st quarter. Vanguard Personalized Indexing Management LLC now owns 88,240 shares of the credit services provider’s stock valued at $984,000 after buying an additional 75,905 shares during the last quarter. Finally, Ethic Inc. grew its stake in Western Union by 73.6% in the 1st quarter. Ethic Inc. now owns 73,721 shares of the credit services provider’s stock valued at $822,000 after buying an additional 31,255 shares during the last quarter. Institutional investors own 88.83% of the company’s stock.

Western Union Stock Performance

NYSE WU opened at $11.98 on Tuesday. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.01 and a quick ratio of 1.01. The firm has a market capitalization of $4.37 billion, a price-to-earnings ratio of 6.05 and a beta of 0.85. The company’s fifty day moving average is $12.58 and its two-hundred day moving average is $12.17. The Western Union Company has a 52-week low of $10.07 and a 52-week high of $14.84.

Western Union (NYSE:WU) last posted its quarterly earnings results on Wednesday, October 25th. The credit services provider reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.04. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.04 billion. Western Union had a net margin of 17.02% and a return on equity of 111.74%. The business’s quarterly revenue was up .8% on a year-over-year basis. During the same period last year, the business posted $0.42 EPS. Equities research analysts forecast that The Western Union Company will post 1.73 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on WU shares. JPMorgan Chase & Co. raised their target price on shares of Western Union from $12.00 to $13.00 in a research note on Thursday, July 27th. William Blair reiterated a “market perform” rating on shares of Western Union in a research note on Thursday, October 26th. StockNews.com started coverage on shares of Western Union in a research note on Thursday, October 5th. They issued a “hold” rating on the stock. UBS Group reiterated a “neutral” rating and issued a $14.00 target price on shares of Western Union in a research note on Friday, October 20th. Finally, Keefe, Bruyette & Woods raised their target price on shares of Western Union from $12.00 to $14.00 and gave the company a “market perform” rating in a research note on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating and six have issued a hold rating to the company. According to data from MarketBeat, Western Union presently has an average rating of “Hold” and a consensus target price of $12.44.

Western Union Company Profile

The Western Union Company provides money movement and payment services worldwide. The company operates in two segments, Consumer-to-Consumer and Business Solutions. The Consumer-to-Consumer 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.