Sit Investment Associates Has Increased Its Goldman Sachs Group Inc/The (GS) Holding; Bank Of New York Mellon Lowered Western Union Co (WU) Holding

August 10, 2018 - By Jacqueline McKee

The Western Union Company (NYSE:WU) Logo

Bank Of New York Mellon Corp decreased Western Union Co (WU) stake by 4.6% reported in 2018Q1 SEC filing. Bank Of New York Mellon Corp sold 1.57M shares as Western Union Co (WU)’s stock declined 1.48%. The Bank Of New York Mellon Corp holds 32.56 million shares with $626.14M value, down from 34.13M last quarter. Western Union Co now has $8.46B valuation. The stock decreased 1.20% or $0.23 during the last trading session, reaching $18.92. About 3.61M shares traded. The Western Union Company (NYSE:WU) has risen 3.57% since August 10, 2017 and is uptrending. It has underperformed by 9.00% the S&P500. Some Historical WU News: 21/03/2018 – Western Union rival TransferWise says it will record its second year of profit; 01/05/2018 – Western Union Sees 2018 GAAP Effective Tax Rate of Approximately 14%, Adjusted Tax Rate of Approximately 15%; 01/05/2018 – Western Union lifts guidance as online drive pays off; 21/05/2018 – Western Union Business Solutions Launches International Business Development Program with United Bankers’ Bank; 04/05/2018 – Western Union Presenting at Conference May 15; 07/05/2018 – Western Union Presenting at JPMorgan Conference May 15; 01/05/2018 – Western Union 1Q Net $213.6M; 01/05/2018 – WESTERN UNION SEES FY ADJ EPS $1.80 TO $1.90; 10/05/2018 – Speedpay Releases Next Gen Bill Payment Platform; 15/05/2018 – iFresh Offers Western Union Services at Four Locations

Sit Investment Associates Inc increased Goldman Sachs Group Inc/The (GS) stake by 7.32% reported in 2018Q1 SEC filing. Sit Investment Associates Inc acquired 1,767 shares as Goldman Sachs Group Inc/The (GS)’s stock declined 13.36%. The Sit Investment Associates Inc holds 25,900 shares with $6.52M value, up from 24,133 last quarter. Goldman Sachs Group Inc/The now has $88.27 billion valuation. The stock decreased 1.10% or $2.59 during the last trading session, reaching $233.78. About 2.95 million shares traded or 3.54% up from the average. The Goldman Sachs Group, Inc. (NYSE:GS) has risen 5.64% since August 10, 2017 and is uptrending. It has underperformed by 6.93% the S&P500. Some Historical GS News: 02/05/2018 – GOLDMAN SACHS CUTS TESSENDERLO STAKE TO ZERO; 17/04/2018 – Cryptocurrency wallet Blockchain hires top Goldman Sachs exec to help it tap institutional clients; 18/05/2018 – GOLDMAN SACHS’ PRESIDENT, DAVID M. SOLOMON, IS LIKELY TO BE NAMED CHIEF EXECUTIVE OFFICER BY THE END OF THIS YEAR – NYT; 20/03/2018 – Goldman Cuts Hong Kong Exchange Target on China CDRs Competition; 17/04/2018 – Goldman Sachs Total Staff Increased 2% During the First Quarter; 17/04/2018 – Goldman Sachs 1Q Basel 3 Tier 1 Common Equity Ratio 12.1%; 09/04/2018 – Goldman’s David Kostin says rising trade tensions between China and the U.S. are a “minimal risk” to the S&P 500’s profits; 23/05/2018 – Goldman Sees More Bond Pain for Italy Given Portugal’s History; 20/03/2018 – RPT-Goldman Sachs adds LPL Financial to its securities-lending business; 12/03/2018 – GS: Schwartz’s departure from Goldman Sachs may pave way for Sol

Sit Investment Associates Inc decreased Raytheon Co (NYSE:RTN) stake by 2,720 shares to 191,528 valued at $41.34M in 2018Q1. It also reduced Ingersoll (NYSE:IR) stake by 67,470 shares and now owns 180,211 shares. First Tr Hi Inc Fd Fsd (FSD) was reduced too.

Among 13 analysts covering Goldman Sachs Group Inc (NYSE:GS), 6 have Buy rating, 0 Sell and 7 Hold. Therefore 46% are positive. Goldman Sachs Group Inc had 15 analyst reports since February 12, 2018 according to SRatingsIntel. The firm earned “Hold” rating on Tuesday, April 17 by Keefe Bruyette & Woods. The firm earned “Market Perform” rating on Wednesday, April 18 by BMO Capital Markets. The firm earned “Neutral” rating on Wednesday, April 18 by Credit Suisse. Buckingham Research maintained the stock with “Neutral” rating in Wednesday, April 18 report. Wells Fargo maintained The Goldman Sachs Group, Inc. (NYSE:GS) rating on Thursday, March 22. Wells Fargo has “Buy” rating and $330.0 target. The rating was upgraded by Vining Sparks to “Buy” on Friday, April 6. The rating was maintained by Oppenheimer with “Buy” on Monday, April 23. Nomura maintained The Goldman Sachs Group, Inc. (NYSE:GS) on Tuesday, April 17 with “Hold” rating. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) has “Overweight” rating given on Thursday, March 15 by Morgan Stanley. The rating was maintained by Wood on Wednesday, July 18 with “Market Perform”.

Since February 21, 2018, it had 0 insider buys, and 4 sales for $5.75 million activity. Another trade for 4,400 shares valued at $1.17 million was sold by ROGERS JOHN F.W.. SOLOMON DAVID M also sold $854,665 worth of The Goldman Sachs Group, Inc. (NYSE:GS) on Monday, May 14. $1.78M worth of The Goldman Sachs Group, Inc. (NYSE:GS) shares were sold by LEE BRIAN J.

More notable recent The Goldman Sachs Group, Inc. (NYSE:GS) news were published by: Seekingalpha.com which released: “Tesla and Wall Street: It’s complicated” on August 09, 2018, also Benzinga.com with their article: “2 Charts That Show Why Goldman Sachs Will Be Strong This Week” published on July 24, 2018, Benzinga.com published: “Fintech Firm Even Financial Raises $18.8 Million Series A Round” on August 07, 2018. More interesting news about The Goldman Sachs Group, Inc. (NYSE:GS) were released by: Themiddlemarket.com and their article: “M&A wrap: TH Lee, Dun & Bradstreet, Rite Aid, Albertsons, Cerberus, private equity fundraising” published on August 09, 2018 as well as Bizjournals.com‘s news article titled: “Banking Roundup: JPMorgan subject of SEC probe… Wells Fargo’s accidental foreclosures” with publication date: August 08, 2018.

Investors sentiment increased to 1.16 in 2018 Q1. Its up 0.17, from 0.99 in 2017Q4. It increased, as 61 investors sold GS shares while 357 reduced holdings. 140 funds opened positions while 345 raised stakes. 266.01 million shares or 1.06% less from 268.85 million shares in 2017Q4 were reported. Wilbanks Smith And Thomas Asset Mngmt Limited Liability Corporation stated it has 0.03% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Wells Fargo & Mn owns 1.47 million shares for 0.11% of their portfolio. Meiji Yasuda Life Insur stated it has 1,564 shares or 0.06% of all its holdings. Capital Planning Ltd Company reported 3,033 shares or 0.27% of all its holdings. Nordea Investment Mgmt holds 125,889 shares. Avalon Advsrs Ltd Liability holds 4,482 shares or 0.03% of its portfolio. Honeywell Interest Inc stated it has 1.28% in The Goldman Sachs Group, Inc. (NYSE:GS). Capital Inv Advsrs Lc, a Georgia-based fund reported 12,994 shares. Morgan Stanley has invested 0.28% in The Goldman Sachs Group, Inc. (NYSE:GS). Pennsylvania reported 7,403 shares. Dekabank Deutsche Girozentrale owns 89,330 shares or 0.16% of their US portfolio. Moreover, Adage Capital Prtnrs Group Inc Ltd has 0.26% invested in The Goldman Sachs Group, Inc. (NYSE:GS) for 441,200 shares. Whittier Trust Of Nevada invested in 0.33% or 16,052 shares. Moreover, Farr Miller & Washington Ltd Company Dc has 3.56% invested in The Goldman Sachs Group, Inc. (NYSE:GS) for 152,097 shares. Bluefin Trading Limited Liability Co holds 920 shares or 0.02% of its portfolio.

Analysts await The Western Union Company (NYSE:WU) to report earnings on November, 1. They expect $0.48 earnings per share, down 9.43% or $0.05 from last year’s $0.53 per share. WU’s profit will be $214.68M for 9.85 P/E if the $0.48 EPS becomes a reality. After $0.46 actual earnings per share reported by The Western Union Company for the previous quarter, Wall Street now forecasts 4.35% EPS growth.

Bank Of New York Mellon Corp increased Nutrisystem Inc (NASDAQ:NTRI) stake by 92,425 shares to 565,870 valued at $15.25 million in 2018Q1. It also upped Industrial Select Sect Spdr (XLI) stake by 7,303 shares and now owns 66,475 shares. Teladoc Inc was raised too.

More news for The Western Union Company (NYSE:WU) were recently published by: Benzinga.com, which released: “Q2 Earnings Preview For Western Union” on August 02, 2018. Bizjournals.com‘s article titled: “Tesla isn’t the only company targeted by short sellers. See where Chipotle and other Colorado companies stand” and published on August 09, 2018 is yet another important article.

Since June 7, 2018, it had 0 insider purchases, and 3 sales for $2.21 million activity. $1.70 million worth of The Western Union Company (NYSE:WU) was sold by Almeida Odilon. The insider Williams Richard L sold 20,207 shares worth $414,244. Rhodes Sheri had sold 4,417 shares worth $92,757 on Monday, June 25.

Investors sentiment decreased to 0.81 in 2018 Q1. Its down 0.26, from 1.07 in 2017Q4. It dived, as 35 investors sold WU shares while 196 reduced holdings. 56 funds opened positions while 131 raised stakes. 470.54 million shares or 1.44% more from 463.88 million shares in 2017Q4 were reported. The Korea-based Mirae Asset Global Limited has invested 0% in The Western Union Company (NYSE:WU). Nomura Asset Comm Ltd holds 0.02% of its portfolio in The Western Union Company (NYSE:WU) for 74,818 shares. Us Bancshares De has invested 0% in The Western Union Company (NYSE:WU). Moreover, Cadence Capital Mngmt Limited Liability has 0.16% invested in The Western Union Company (NYSE:WU). California State Teachers Retirement System holds 0.03% in The Western Union Company (NYSE:WU) or 774,415 shares. Wellington Mgmt Gru Ltd Liability Partnership, a Massachusetts-based fund reported 1.02 million shares. 10,253 are owned by Bluecrest Capital Mgmt Limited. Amica Retiree Med Trust invested 0.04% in The Western Union Company (NYSE:WU). Janney Montgomery Scott Ltd Llc reported 0.01% stake. Gofen & Glossberg Limited Liability Company Il, Illinois-based fund reported 25,896 shares. Rockland Communications owns 52,240 shares. Moreover, Apg Asset Nv has 0.01% invested in The Western Union Company (NYSE:WU) for 329,834 shares. Pinnacle Financial holds 0% or 979 shares. Orrstown Svcs holds 0% or 117 shares in its portfolio. Germany-based Deutsche Savings Bank Ag has invested 0.05% in The Western Union Company (NYSE:WU).

The Western Union Company (NYSE:WU) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts