Type
|
Public |
---|---|
Traded as | NASDAQ: WSTC |
Industry |
Unified Communications Interactive Services Specialized Agent Services Telecom Services Safety Services |
Headquarters | Omaha, Nebraska, US |
Key people
|
Gary and Mary West - co-founders Tom Barker - Chief Executive Officer Nancee Berger - President and Chief Operating Officer |
Revenue | $2.6 billion USD (2012 |
Number of employees
|
26,430 (2013) |
Website | west |
Unified Communications Interactive Services Specialized Agent Services Telecom Services
West Corporation is a publicly traded telecommunications services provider based in Omaha, Nebraska.
West Corporation operates under two segments: Communications Services and Unified Communications to provide customer contact services, conferencing services, event services and emergency call operations. Intrado supports emergency call operations, Intercall is the world’s largest conferencing service provider, and Televox offers healthcare products and communications support in commercial markets. West also holds an office at the Wisconsin Trade Center in Middleton, Wisconsin.
Gary and Mary West co-founded WATS Marketing of America in 1978. The couple left the company in 1985 and Mary West founded West Teleservices with Troy Eaden in 1986. Gary West joined West Teleservices one year later as chairman.
During the first decade, West Teleservices hired thousands of employees and reached over $100 million in net proceeds. West Teleservices expanded their products through a series of acquisitions, including Tel Mark Sales Inc., Intercall, Televox, and HyperCube.
In November 1996, West went public with 2,000 employees.
In 2002, West acquired Tel Mark Sales, Dakotah Direct, and Attention, LLC. The following year, West acquired conferencing company InterCall and ConferenceCall.com.
In 2006, West which had been publicly traded since 1996, recapitalized under the sponsorship of investor groups led by Thomas H. Lee Partners and Quadrangle Group. Gary and Mary West continued to maintain 25 percent of the company.
In January 2015, West announced the sale of its agent services businesses to Alorica. The sale closed in early March 2015.
West Teleservices changed its name to West Corporation on Jan. 1, 2001. The company name had been West TeleServices Corporation from November 1996 through 2000.
Since 2002, West Corporation has invested approximately $2.7 billion in strategic acquisitions.
West has acquired:
2016-05-06 | Reiterated Rating | William Blair | Buy | |
2016-04-07 | Downgrade | Morgan Stanley | Equal Weight to Underweight | $25.00 to $22.00 |
2016-03-28 | Downgrade | Goldman Sachs | Buy to Neutral | $35.00 |
2016-03-28 | Downgrade | Goldman Sachs Group Inc. | Buy to Neutral | $35.00 |
2016-03-16 | Downgrade | Barclays | Equal Weight to Underweight | $22.00 to $21.00 |
2016-03-16 | Downgrade | Barclays PLC | Equal Weight to Underweight | $22.00 to $21.00 |
2016-03-01 | Reiterated Rating | William Blair | Outperform | |
2016-02-24 | Reiterated Rating | William Blair | Outperform | |
2016-02-03 | Lower Price Target | Deutsche Bank | Buy | $30.00 to $23.00 |
2016-02-03 | Lower Price Target | Barclays | Equal Weight | $29.00 to $22.00 |
2016-02-03 | Lower Price Target | Deutsche Bank AG | Buy | $30.00 to $23.00 |
2016-02-02 | Reiterated Rating | William Blair | Buy | |
2015-12-15 | Downgrade | Goldman Sachs | Neutral to Sell | |
2015-11-10 | Reiterated Rating | William Blair | Outperform | |
2015-05-07 | Lower Price Target | Citigroup Inc. | Buy | $39.00 to $36.00 |
2015-03-16 | Upgrade | Robert W. Baird | Neutral to Outperform | |
2015-01-30 | Boost Price Target | Citigroup Inc. | Buy | $36.00 to $39.00 |
2015-01-30 | Boost Price Target | Barclays | Equal Weight | $32.00 to $34.00 |
2015-01-30 | Boost Price Target | Deutsche Bank | Buy | $36.00 to $39.00 |
2015-01-30 | Downgrade | RBC Capital | Outperform to Sector Perform | |
2015-01-30 | Downgrade | Royal Bank Of Canada | Outperform to Sector Perform | |
2015-01-27 | Downgrade | Robert W. Baird | Outperform to Neutral | $36.00 |
2015-01-12 | Boost Price Target | RBC Capital | Outperform | $36.00 to $37.00 |
2015-01-05 | Downgrade | Goldman Sachs | Buy to Neutral | $35.00 |
2014-11-06 | Reiterated Rating | Barclays | Equal Weight | $27.00 to $32.00 |
2014-11-05 | Reiterated Rating | Citigroup Inc. | Buy | $31.00 to $36.00 |
2014-11-05 | Reiterated Rating | Deutsche Bank | Buy | $36.00 to $31.00 |
2014-11-05 | Initiated Coverage | William Blair | Outperform | |
2014-11-05 | Reiterated Rating | Bank of America | Buy | $31.00 to $36.00 |
2014-11-05 | Reiterated Rating | Bank of America Corp. | Buy | $31.00 to $36.00 |
2014-09-29 | Initiated Coverage | Goldman Sachs | Buy | $35.00 |
2014-08-04 | Reiterated Rating | Deutsche Bank | Buy | $27.00 to $31.00 |
2014-08-04 | Reiterated Rating | Citigroup Inc. | Buy | $28.00 to $31.00 |
2014-07-01 | Boost Price Target | Evercore ISI | Overweight | $28.00 to $33.00 |
2014-06-24 | Boost Price Target | RBC Capital | $30.00 to $31.00 | |
2014-06-17 | Downgrade | Morgan Stanley | Overweight to Equal Weight | $29.00 |
2014-02-03 | Reiterated Rating | Bank of America | Buy | $28.00 to $29.00 |
2014-01-29 | Downgrade | Barclays | Overweight to Equal Weight | $26.00 to $27.00 |
2014-01-23 | Downgrade | Goldman Sachs | Buy to Neutral | |
2014-01-10 | Initiated Coverage | RBC Capital | Outperform | $31.00 |
2016-05-06 | Reiterated Rating | William Blair | Buy | |
2016-04-07 | Downgrade | Morgan Stanley | Equal Weight to Underweight | $25.00 to $22.00 |
2016-03-28 | Downgrade | Goldman Sachs | Buy to Neutral | $35.00 |
2016-03-28 | Downgrade | Goldman Sachs Group Inc. | Buy to Neutral | $35.00 |
2016-03-16 | Downgrade | Barclays | Equal Weight to Underweight | $22.00 to $21.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In WSTC 11 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
QUADRANGLE GP INVESTORS LLC | 3.78M |
BlackRock Fund Advisors | 1.36M |
BlackRock Institutional Trust Company, N.A. | 1.23M |
MANAGED ACCOUNT ADVISORS LLC | 0.73M |
BlackRock Investment Management, LLC | 0.18M |
Cantab Capital Partners LLP | 93663 |
Spot Trading L.L.C | 38800 |
BLACKROCK ADVISORS LLC | 23725 |
BlackRock Group LTD | 19903 |
KCG Holdings, Inc. | 9583 |
BOSTON PRIVATE BANK & TRUST CO | 43 |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
DINOVI ANTHONY | 21.63% (18176113) | DNKN / WSTC / |
OBERG SOREN | 21.63% (18176113) | WSTC / |
Grattan Laura A. | 21.63% (18176113) | WSTC / |
THOMAS H. LEE ADVISORS, LLC | 21.63% (18176113) | BKI / INCR / MGI / STSA / UMPQ / WSTC / |
QCP GP Investors II LLC | 4.50% (3781961) | DHX / LMOS / NTLS / WSTC / |
STRUBBE TODD B Pres.-Unified Communications | 0.20% (166729) | VRSN / WSTC / |
STANGL STEVEN M Pres.-Communication Services | 0.17% (146852) | WSTC / |
MENDLIK PAUL M CFO and Treasurer | 0.14% (117053) | WSTC / |
WEST MARY E | 0.13% (109474) | WSTC / |
WEST GARY L | 0.13% (109474) | WSTC / |