The Western Union Company (WU) Holdings Cut by Anchor Capital Advisors LLC

Anchor Capital Advisors LLC cut its position in The Western Union Company (NYSE:WU) by 0.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 1,309,809 shares of the credit services provider’s stock after selling 10,727 shares during the quarter. Anchor Capital Advisors LLC’s holdings in The Western Union were worth $24,899,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of WU. Thrivent Financial For Lutherans raised its holdings in The Western Union by 1.1% in the second quarter. Thrivent Financial For Lutherans now owns 17,900 shares of the credit services provider’s stock worth $341,000 after buying an additional 190 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in The Western Union by 0.6% in the second quarter. Dimensional Fund Advisors LP now owns 1,895,770 shares of the credit services provider’s stock worth $36,113,000 after buying an additional 11,627 shares during the last quarter. Balyasny Asset Management LLC raised its holdings in The Western Union by 13.7% in the second quarter. Balyasny Asset Management LLC now owns 70,615 shares of the credit services provider’s stock worth $1,345,000 after buying an additional 8,511 shares during the last quarter. Macquarie Group Ltd. raised its holdings in The Western Union by 14.6% in the second quarter. Macquarie Group Ltd. now owns 140,161 shares of the credit services provider’s stock worth $2,670,000 after buying an additional 17,857 shares during the last quarter. Finally, Janus Henderson Group PLC raised its holdings in The Western Union by 219.4% in the second quarter. Janus Henderson Group PLC now owns 174,463 shares of the credit services provider’s stock worth $3,324,000 after buying an additional 119,846 shares during the last quarter.

The Western Union Company (NYSE:WU) opened at $18.81 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 4.98. The Western Union Company has a twelve month low of $18.39 and a twelve month high of $22.21. The firm has a market cap of $9,098.58, a P/E ratio of 40.89, a PEG ratio of 1.86 and a beta of 1.05.

Several brokerages have issued reports on WU. Zacks Investment Research cut shares of The Western Union from a “hold” rating to a “sell” rating in a report on Saturday, February 3rd. Jefferies Group reaffirmed a “hold” rating and issued a $19.00 target price on shares of The Western Union in a report on Thursday, October 12th. Mizuho reaffirmed a “sell” rating and issued a $16.00 target price on shares of The Western Union in a report on Sunday, October 15th. UBS Group raised shares of The Western Union to a “neutral” rating in a report on Monday, January 8th. Finally, Morgan Stanley boosted their price objective on shares of The Western Union from $18.00 to $19.00 and gave the company an “underweight” rating in a report on Friday, November 3rd. Seven equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $19.85.

In related news, insider Amintore Schenkel sold 15,600 shares of the business’s stock in a transaction that occurred on Monday, January 8th. The shares were sold at an average price of $21.99, for a total transaction of $343,044.00. Following the completion of the sale, the insider now directly owns 93,694 shares in the company, valued at $2,060,331.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Jean Claude Farah sold 50,813 shares of the business’s stock in a transaction that occurred on Monday, January 8th. The shares were sold at an average price of $21.50, for a total transaction of $1,092,479.50. Following the sale, the executive vice president now owns 152,362 shares of the company’s stock, valued at $3,275,783. The disclosure for this sale can be found here. 1.10% of the stock is owned by insiders.

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The Western Union Company Profile

The Western Union Company (Western Union) is a provider of money movement and payment services. The Company operates through three segments: Consumer-to-Consumer, Consumer-to-Business and Business Solutions. The Company’s Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents.

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Institutional Ownership by Quarter for The Western Union (NYSE:WU)

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