The Western Union Company (WU) : Integrated Investment Consultants scooped up 650 additional shares in The Western Union Company during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 11,600 shares of The Western Union Company which is valued at $233,392.The Western Union Company makes up approximately 0.12% of Integrated Investment Consultants’s portfolio.
Other Hedge Funds, Including , Charter Trust Co boosted its stake in WU in the latest quarter, The investment management firm added 12,264 additional shares and now holds a total of 62,940 shares of The Western Union Company which is valued at $1,266,353. The Western Union Company makes up approx 0.15% of Charter Trust Co’s portfolio. Simplex Trading sold out all of its stake in WU during the most recent quarter. The investment firm sold 3,693 shares of WU which is valued $75,411.Exxonmobil Investment Management Inc Tx reduced its stake in WU by selling 2,595 shares or 2.04% in the most recent quarter. The Hedge Fund company now holds 124,536 shares of WU which is valued at $2,543,025. The Western Union Company makes up approx 0.05% of Exxonmobil Investment Management Inc Tx’s portfolio.Academy Capital Management Inctx reduced its stake in WU by selling 92 shares or 0.15% in the most recent quarter. The Hedge Fund company now holds 61,235 shares of WU which is valued at $1,250,419. The Western Union Company makes up approx 0.33% of Academy Capital Management Inctx’s portfolio.Advisory Services Network boosted its stake in WU in the latest quarter, The investment management firm added 13 additional shares and now holds a total of 18,491 shares of The Western Union Company which is valued at $377,586. The Western Union Company makes up approx 0.07% of Advisory Services Network’s portfolio.
The Western Union Company opened for trading at $20.04 and hit $20.21 on the upside on Friday, eventually ending the session at $20.12, with a gain of 1.00% or 0.2 points. The heightened volatility saw the trading volume jump to 29,53,056 shares. Company has a market cap of $9,813 M.
On the company’s financial health, The Western Union Company reported $0.42 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $0.40. The company had revenue of $1375.70 million for the quarter, compared to analysts expectations of $1376.71 million. The company’s revenue was down -.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.41 EPS.
Many Wall Street Analysts have commented on The Western Union Company. The Western Union Company was Downgraded by Susquehanna to ” Negative” on Sep 19, 2016.
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.