Media headlines about The Western Union (NYSE:WU) have been trending somewhat positive on Tuesday, according to Accern Sentiment. The research group scores the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. The Western Union earned a news sentiment score of 0.01 on Accern’s scale. Accern also gave media stories about the credit services provider an impact score of 42.9735517545234 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
The Western Union (NYSE WU) traded down $0.04 during trading on Tuesday, hitting $19.73. 1,348,777 shares of the stock were exchanged, compared to its average volume of 6,491,295. The company has a market cap of $8,891.90, a P/E ratio of 43.04, a P/E/G ratio of 1.81 and a beta of 1.05. The Western Union has a fifty-two week low of $18.39 and a fifty-two week high of $22.21. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 4.98.
Several brokerages have recently commented on WU. ValuEngine raised shares of The Western Union from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Susquehanna Bancshares upgraded shares of The Western Union from a “negative” rating to a “neutral” rating in a research note on Monday, January 8th. Zacks Investment Research lowered shares of The Western Union from a “hold” rating to a “sell” rating in a research note on Saturday, February 3rd. Citigroup raised their price objective on shares of The Western Union from $17.00 to $17.50 and gave the company a “sell” rating in a research note on Friday, November 3rd. Finally, UBS Group upgraded shares of The Western Union to a “neutral” rating in a research note on Monday, January 8th. Seven analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $19.85.
In other news, EVP Jean Claude Farah sold 50,813 shares of the business’s stock in a transaction dated 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 transaction, the executive vice president now owns 152,362 shares in the company, valued at approximately $3,275,783. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Amintore Schenkel sold 15,600 shares of The Western Union stock in a transaction dated Monday, January 8th. The shares were sold at an average price of $21.99, for a total transaction of $343,044.00. Following the sale, the insider now owns 93,694 shares in the company, valued at $2,060,331.06. The disclosure for this sale can be found here. Company insiders own 1.10% of the company’s stock.
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About The Western Union
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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