After Today’s Bearish Options Activity, Is The Western Union Company’s Near-Term Analysis Positive?

 After Today's Bearish Options Activity, Is The Western Union Company's Near Term Analysis Positive?

In today’s session The Western Union Company (WU) recorded an unusually high (1,071) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious WU decrease. With 1,071 contracts traded and 24274 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: WU161118P00019000 closed last at: $0.25 or 25% up. About 655,302 shares traded hands. The Western Union Company (NYSE:WU) has risen 1.76% since April 5, 2016 and is uptrending. It has underperformed by 0.19% the S&P500.

The Western Union Company (NYSE:WU) Ratings Coverage

Out of 10 analysts covering The Western Union Company (NYSE:WU), 2 rate it a “Buy”, 5 “Sell”, while 3 “Hold”. This means 20% are positive. $22 is the highest target while $15.50 is the lowest. The $19.89 average target is -1.68% below today’s ($20.23) stock price. The Western Union Company has been the topic of 14 analyst reports since July 31, 2015 according to StockzIntelligence Inc. Susquehanna downgraded the shares of WU in a report on Monday, September 19 to “Negative” rating. Zacks downgraded the stock to “Buy” rating in Tuesday, September 1 report. The firm earned “Underweight” rating on Thursday, August 4 by Barclays Capital. The stock has “Sell” rating given by Citigroup on Thursday, August 4. Barclays Capital upgraded the shares of WU in a report on Friday, July 31 to “Equal Weight” rating. The stock of The Western Union Company (NYSE:WU) has “Buy” rating given on Monday, September 21 by Zacks. S&P Research upgraded The Western Union Company (NYSE:WU) on Wednesday, September 2 to “Buy” rating. The firm has “Hold” rating given on Tuesday, August 25 by Zacks. As per Friday, April 15, the company rating was initiated by Compass Point. The rating was downgraded by Monness Crespi & Hardt on Thursday, September 8 to “Neutral”.

According to Zacks Investment Research, “The Western Union Company provides money movement and payment services. The company operates in three segments: Consumer-to-Consumer, Consumer-to-Business, and Business Solutions. It offers cash money transfer services, walk-in and telephone money transfer, online money transfer, account based money transfer, direct to bank, and mobile money transfer services, payment and foreign exchange solutions, principally cross-border and cross-currency transactions. The Western Union Company is headquartered in Englewood, Colorado.”

Insitutional Activity: The institutional sentiment is 0.86 in 2016 Q2. Its the same as in 2016Q1. The ratio is without change, as 48 funds sold all The Western Union Company shares owned while 194 reduced positions. only 44 funds bought stakes while 163 increased positions. They now own 492.26 million shares or 1.87% less from 501.63 million shares in 2016Q1.
Loudon Mngmt Ltd Llc has invested 0.17% of its portfolio in The Western Union Company (NYSE:WU). Mutual Of America Cap Ltd Liability Corporation has 57,409 shares for 0.02% of their US portfolio. New York State Common Retirement Fund accumulated 0.04% or 1.56 million shares. Susquehanna Group Llp holds 0% or 100,300 shares in its portfolio. Ahl Partners Ltd Liability Partnership holds 165,266 shares or 0.17% of its portfolio. Fuller Thaler Asset Mgmt Inc accumulated 72,435 shares or 0.02% of the stock. Blackrock Institutional Na has 0.04% invested in the company for 13.61M shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 223,213 shares or 0.06% of all its holdings. Toronto Dominion Fincl Bank has 0% invested in the company for 2,759 shares. Wellington Mngmt Group Llp accumulated 71,310 shares or 0% of the stock. Next Finance Grp has 500 shares for 0% of their US portfolio. Navellier Assoc, a Nevada-based fund reported 47,093 shares. Thomas J Herzfeld Advisors accumulated 14,000 shares or 0.14% of the stock. Armstrong Henry H Associates owns 174,804 shares or 0.67% of their US portfolio. South Dakota Council last reported 496,444 shares in the company.

Insider Transactions: Since August 18, 2016, the stock had 0 insider buys, and 5 sales for $7.41 million net activity. Ersek Hikmet also sold $5.94 million worth of The Western Union Company (NYSE:WU) shares. $447,259 worth of The Western Union Company (NYSE:WU) was sold by HOLDEN BETSY D. 18,064 shares were sold by Almeida Odilon, worth $389,603. The insider Agrawal Rajesh K. sold 9,263 shares worth $199,119. MILES MICHAEL also sold $433,513 worth of The Western Union Company (NYSE:WU) on Wednesday, September 28.

The Western Union Company is a well-known provider of money movement and payment services. The company has a market cap of $9.78 billion. The Firm operates through three divisions: Consumer-to-Consumer, Consumer-to-Business and Business Solutions. It has a 12.29 P/E ratio. Western Union’s Consumer-to-Consumer segment is engaged in individual money transfers from one consumer to another.

WU Company Profile

The Western Union Company (Western Union), incorporated on February 17, 2006, is a well-known provider of money movement and payment services. The Firm operates through three divisions: Consumer-to-Consumer, Consumer-to-Business and Business Solutions. Western Union’s Consumer-to-Consumer segment is engaged in individual money transfers from one consumer to another. The Company’s Consumer-to-Business segment provides options to make one-time or recurring payments from clients to businesses and other organizations, including utilities, auto finance companies, mortgage servicers, financial service providers, government agencies and other businesses. Western Union’s Business Solutions segment facilitates payment and foreign exchange solutions, primarily cross-border, cross-currency transactions, for small and medium size enterprises and other organizations and individuals. The Company’s services are primarily available through a network of agent locations in approximately 200 countries and territories.

More important recent The Western Union Company (NYSE:WU) news were published by: Businesswire.com which released: “Western Union Reports Third Quarter Results” on November 01, 2016, also Businesswire.com published article titled: “Western Union to Present at Citi Financial Technology Conference on November 10”, Forbes.com published: “Western Union’s CIO-Plus On The Future Of Payment Products And Services” on November 01, 2016. More interesting news about The Western Union Company (NYSE:WU) was released by: Businesswire.com and their article: “Western Union Announces Digital Enhancements Benefitting Both C2C and B2B …” with publication date: October 24, 2016.

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