Southernsun Asset Management Has Cut Western Union Co. (WU) Position; KRONES AG AKT. SHARES GERMANY (KRNNF) SI Decreased By 1.15%

March 16, 2018 - By Louis Casey

Southernsun Asset Management Llc decreased Western Union Co. (WU) stake by 0.79% reported in 2017Q3 SEC filing. Southernsun Asset Management Llc sold 59,766 shares as Western Union Co. (WU)’s stock declined 4.09%. The Southernsun Asset Management Llc holds 7.48 million shares with $143.67M value, down from 7.54 million last quarter. Western Union Co. now has $9.22B valuation. The stock increased 0.25% or $0.05 during the last trading session, reaching $20.07. About 3.27 million shares traded. The Western Union Company (NYSE:WU) has risen 0.64% since March 16, 2017 and is uptrending. It has underperformed by 16.06% the S&P500.

KRONES AG AKT. SHARES GERMANY (OTCMKTS:KRNNF) had a decrease of 1.15% in short interest. KRNNF’s SI was 231,400 shares in March as released by FINRA. Its down 1.15% from 234,100 shares previously. It closed at $130.55 lastly. It is down 0.00% since March 16, 2017 and is . It has underperformed by 16.70% the S&P500.

Krones AG, together with its subsidiaries, engages in planning, developing, and manufacturing machinery and systems for the fields of process technology, filling and packaging technology, and intralogistics in Germany and internationally. The company has market cap of $4.13 billion. The firm operates through three divisions: Machines and Lines for Product Filling and Decoration, Machines and Lines for Beverage Production/Process Technology, and Machines and Lines for the Compact Class. It currently has negative earnings. It provides plant engineering solutions, such as planning new plants, plant expansion, plant structural planning, and energy and media optimization; and process technology systems for use in beer, soft drink, water, milk, spirit, and juice and milk with fruit chunks.

Among 18 analysts covering The Western Union Company (NYSE:WU), 2 have Buy rating, 7 Sell and 9 Hold. Therefore 11% are positive. The Western Union Company had 37 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of The Western Union Company (NYSE:WU) has “Hold” rating given on Wednesday, February 14 by Susquehanna. RBC Capital Markets maintained The Western Union Company (NYSE:WU) rating on Friday, August 18. RBC Capital Markets has “Hold” rating and $23.0 target. The firm earned “Hold” rating on Thursday, November 2 by Stifel Nicolaus. The rating was upgraded by Zacks on Monday, September 21 to “Buy”. As per Monday, July 17, the company rating was maintained by RBC Capital Markets. The company was maintained on Thursday, January 4 by RBC Capital Markets. Compass Point initiated the stock with “Neutral” rating in Friday, April 15 report. On Thursday, September 8 the stock rating was downgraded by Monness Crespi & Hardt to “Neutral”. Mizuho maintained The Western Union Company (NYSE:WU) rating on Friday, October 13. Mizuho has “Sell” rating and $16.0 target. Goldman Sachs reinitiated the shares of WU in report on Thursday, December 14 with “Sell” rating.

Analysts await The Western Union Company (NYSE:WU) to report earnings on May, 1. They expect $0.42 EPS, up 20.00% or $0.07 from last year’s $0.35 per share. WU’s profit will be $192.90M for 11.95 P/E if the $0.42 EPS becomes a reality. After $0.41 actual EPS reported by The Western Union Company for the previous quarter, Wall Street now forecasts 2.44% EPS growth.

Southernsun Asset Management Llc increased Diebold Nixdorf Incorporated (NYSE:DBD) stake by 3.95 million shares to 6.90M valued at $157.67 million in 2017Q3. It also upped Newfield Exploration Co. (NYSE:NFX) stake by 317,954 shares and now owns 5.74M shares. Flowserve Corp. (NYSE:FLS) was raised too.

Investors sentiment increased to 1.07 in Q3 2017. Its up 0.19, from 0.88 in 2017Q2. It is positive, as 41 investors sold WU shares while 171 reduced holdings. 40 funds opened positions while 146 raised stakes. 459.24 million shares or 2.33% less from 470.19 million shares in 2017Q2 were reported. Winch Advisory Limited Liability Co holds 0% or 61 shares in its portfolio. Next Group Inc accumulated 0% or 300 shares. Moreover, Ledyard Savings Bank has 0.08% invested in The Western Union Company (NYSE:WU) for 32,124 shares. Rafferty Asset Management Ltd Liability Corporation stated it has 78,786 shares or 0.03% of all its holdings. North Star Asset Management holds 0.22% of its portfolio in The Western Union Company (NYSE:WU) for 101,152 shares. Pennsylvania-based Glenmede Communications Na has invested 0% in The Western Union Company (NYSE:WU). Brown Brothers Harriman & reported 22,500 shares stake. Ahl Ptnrs Ltd Liability Partnership accumulated 538,514 shares or 0.18% of the stock. Horizon Invests Ltd Com invested in 43,916 shares or 0.05% of the stock. 50,028 are held by Raymond James Na. Intrust National Bank Na holds 0.19% of its portfolio in The Western Union Company (NYSE:WU) for 30,311 shares. Kentucky Retirement Systems Insur Trust Fund accumulated 0.04% or 12,461 shares. Suntrust Banks reported 138,483 shares. Vident Inv Advisory Limited Company holds 0.03% or 25,022 shares. 2,819 are owned by Amica Retiree Med Tru.

Since January 8, 2018, it had 0 insider buys, and 2 sales for $1.44 million activity. 15,600 shares were sold by Schenkel Amintore, worth $343,044 on Monday, January 8. $1.09 million worth of The Western Union Company (NYSE:WU) was sold by Farah Jean Claude on Monday, January 8.

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