Western Union Company (WU): Today's Featured Financial Services Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Western Union Company ( WU) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole closed the day up 0.3%. By the end of trading, Western Union Company rose $0.38 (2.2%) to $17.44 on average volume. Throughout the day, 9,767,160 shares of Western Union Company exchanged hands as compared to its average daily volume of 7,582,000 shares. The stock ranged in a price between $17.04-$17.55 after having opened the day at $17.07 as compared to the previous trading day's close of $17.06. Other companies within the Financial Services industry that increased today were: PowerShares DB Base Metals Double Short ETN ( BOM), up 7.3%, FBR ( FBRC), up 6.9%, Springleaf Holdings ( LEAF), up 6.6% and ELEMENTS MLCX Biofuels Index Total Return E ( FUE), up 5.9%.

The Western Union Company provides money movement and payment services worldwide. The company operates in three segments: Consumer-to-Consumer, Consumer-to-Business, and Business Solutions. The Consumer-to-Consumer segment offers cash money transfer services involving walk-in agent locations. Western Union Company has a market cap of $9.3 billion and is part of the financial sector. The company has a P/E ratio of 11.2, below the S&P 500 P/E ratio of 17.7. Shares are down 1.1% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Western Union Company a buy, 3 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Western Union Company as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

On the negative front, Cash Store Financial Services ( CSFS), down 12.2%, ELEMENTS Linked to SPECTRUM Large Cap U.S ( EEH), down 6.5%, Noah Holdings ( NOAH), down 5.9% and PowerShares DB 3x Long 25+ Year Treasury Bo ( LBND), down 5.0% , were all laggards within the financial services industry with Charles Schwab ( SCHW) being today's financial services industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial services industry could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial services industry could consider Proshares Short Financials ( SEF).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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