CIBC Asset Management Inc's holdings in Western Union Company (The) were worth $915,000 as of its most recent filing with the SEC. The institutional investor held 34,179 shares of the computer manufacturing company at the end of 2016Q4, valued at $5.67M, up from 27,839 at the end of the previous reported quarter. Oxbow Advisors LLC boosted its stake in Western Union Company (The) by 0.9% in the second quarter. Hanson & Doremus Investment Management has an ownership of 75,046 stocks of the credit services provider's shares valued $1,430,000 after scooping up an extra 239 shares through out the quarter. Vanguard Group Inc. boosted its position in shares of Western Union Company (The) by 1.6% in the first quarter. Nisa Investment Advisors LLC now owns 126,411 shares of the credit services provider's stock worth $2,572,000 after buying an additional 12,310 shares in the last quarter.
Fieldpoint Private Advisors Inc decreased its stake in Western Un Co Com (WU) by 29.89% based on its latest 2016Q4 regulatory filing with the SEC. Profund Advisors LLC now owns 15,757 shares of the credit services provider's stock valued at $321,000 after buying an additional 654 shares during the last quarter. Profund Advisors LLC boosted its stake in Western Union Company (The) by 4.3% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,492,020 shares of the credit services provider's stock valued at $30,363,000 after buying an additional 43,672 shares during the last quarter. Parkside Retail Bank & invested 0% of its portfolio in The Western Union Company (NYSE:WU). The firm has a market cap of $8.77 billion, a PE ratio of 48.59 and a beta of 1.19. The last close places the company's stock about $3.79 off its 52 week high of $22.7 and $0.49 above the 52 week low of $18.42. The 50 day moving average moved down $-0.24 and the 200 day average was down $-0.63.
Western Union Company (The) (NYSE:WU) last issued its quarterly earnings results on Thursday, August 3rd. The credit services provider reported $0.50 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.42 by $0.08. The company generated a return on equity (ROE) of 20.50%. The company had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.37 billion. During the same quarter in the prior year, the company posted $0.44 earnings per share. Tiedemann Wealth Mgmt Limited Liability Company reported 0.06% of its portfolio in The Western Union Company (NYSE:WU).
Sell-side analyst recommendations point to a short term price target of $19.98 on the shares of The Western Union Company (WU).
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be paid a dividend of $0.175 per share. This dividend amount will represent a yeild of $3.63. The ex-dividend date will be on Wednesday the 14th of June 2017. Western Union Company (The)'s dividend payout ratio (DPR) is now 179.49%. Whittier Trust Co. increased its stake in Western Union Company (The) by 6.1% in the first quarter. If you are reading this piece on another website, it was stolen and reposted in violation of USA & global copyright and trademark law. The correct version of this report can be viewed at https://www.thestockobserver.com/2017/08/13/cibc-asset-management-inc-has-915000-stake-in-western-union-company-the-nysewu.html.
Several equities research analysts recently commented on WU shares. The rating was maintained by Barclays Capital with "Underweight" on Friday, August 4. Stifel Nicolaus reissued a "hold" rating and issued a $20.00 price objective (up from $19.00) on shares of Western Union Company (The) in a report on Wednesday. Amica Pension Fund Board Of Trustees reported 0.05% in The Western Union Company (NYSE:WU). Finally, BB&T Corp boosted its stake in Western Union Company (The) by 0.7% in the second quarter. They issued an "underperform" rating and a $16.00 price target for the company. They released an "underperform" recommendation and a $16.00 price target for The corporation. around seven research experts recommended the company shares with a sell recommendation, six has issued a hold recommendation and 1 has released a buy recommendation to the firms shares. the share now has a average recommendation of "Hold" and a consensus price objective of $19.93. The analyst recommendations from a month ago are 4 Buy, 0 Overweight, 0 Sell, 4 Hold and 0 Underweight. Western Union Company (The) presently has a consensus rating of "Hold" and an average target price of $20.27.
In related news, EVP John David Thompson sold 23,500 shares of Western Union Company (The) stock in a transaction dated Friday, August 4th. Following the completion of the transaction, the executive vice president now directly owns 129,650 shares of the company's stock, valued at approximately $2,608,558. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 1.10% of the company's stock.
Moreover, Howe And Rusling has 0% invested in The Western Union Company (NYSE:WU). The Company's Comcast Cable business operates in the Cable Communications segment. The Company's Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents. It is negative, as 42 investors sold WU shares while 211 reduced holdings.