Lvm Capital Management Ltdmi Lowers stake in The Western Union Company (WU)

The Western Union Company (WU) : Lvm Capital Management Ltdmi reduced its stake in The Western Union Company by 1.46% during the most recent quarter end. The investment management company now holds a total of 54,125 shares of The Western Union Company which is valued at $1.1 Million after selling 800 shares in The Western Union Company according to a report filed by the company on Apr 4, 2016 with the SEC.The Western Union Company makes up approximately 0.34% of Lvm Capital Management Ltdmi’s portfolio.

Other Hedge Funds, Including ,

On the company’s financial health, The Western Union Company reported $0.42 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Feb 9, 2016. Analyst had a consensus of $0.41. The company had revenue of $1380.00 million for the quarter, compared to analysts expectations of $1397.13 million. The company’s revenue was down -2.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.42 EPS.

Many Wall Street Analysts have commented on The Western Union Company. The Western Union Company was Downgraded by Macquarie to ” Neutral” on Feb 10, 2016. Shares were Reiterated by Deutsche Bank on Feb 10, 2016 to “Hold” and Lowered the Price Target to $ 19 from a previous price target of $20 .Shares were Reiterated by Compass Point on Feb 10, 2016 to “Neutral” and Lowered the Price Target to $ 18 from a previous price target of $20 .

The Western Union Company opened for trading at $19.71 and hit $19.92 on the upside on Monday, eventually ending the session at $19.72, with a gain of 0.61% or 0.12 points. The heightened volatility saw the trading volume jump to 49,08,031 shares. Company has a market cap of $9,898 M.

The Western Union Company (Western Union) is a global provider of money movement and payment services. The Company classifies its businesses into three: Consumer-to-Consumer Consumer-to-Business and Business Solutions. The Consumer-to-Consumer operating segment facilitates money transfers between two consumers primarily through a network of third-party agents. The Consumer-to-Business operating segment facilitates bill payments from consumers to businesses and other organizations including utilities auto finance companies mortgage servicers financial service providers government agencies and other businesses. The Consumer-to-Business payments services are available through a variety of services that include Speedpay Pago Facil and Western Union Payments. The Business Solutions operating segment facilitates payment and foreign exchange solutions primarily cross-border cross-currency transactions for small and medium size enterprises and other organizations and individuals.

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