Abrams Capital: Drew Pluhar, Travis Rhodes and Billionaire David Abrams’ Picks

1. The Western Union Company (NYSE:WU)

In The Western Union Company (NYSE:WU), David Abrams’ fund held 21.61 million shares worth $411.65 million at the end of June, unchanged over the quarter. The stock of the money movement services provider has lost over 10% since the beginning of the year and currently has a dividend yield of 3.60%. Earlier this month, The Western Union Company (NYSE:WU) posted earnings of $0.50 and revenue of $1.38 billion for the second quarter, beating the consensus estimates by $0.08 and $10 million, respectively. Other shareholders of The Western Union Company (NYSE:WU) include John Overdeck and David Siegel’s Two Sigma Advisors and Paul Marshall and Ian Wace’s Marshall Wace, which own 3.24 million shares and 2.26 million, respectively.