Prescott Group Capital Management L.L.C. Invests $1.02 Million in The Western Union Company $WU

Prescott Group Capital Management L.L.C. purchased a new position in shares of The Western Union Company (NYSE:WUFree Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 110,000 shares of the credit services provider’s stock, valued at approximately $1,024,000.

Other large investors also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB boosted its stake in shares of Western Union by 606.7% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 3,265 shares of the credit services provider’s stock worth $26,000 after acquiring an additional 2,803 shares in the last quarter. Salomon & Ludwin LLC boosted its stake in shares of Western Union by 1,546.5% during the 4th quarter. Salomon & Ludwin LLC now owns 3,326 shares of the credit services provider’s stock worth $31,000 after acquiring an additional 3,124 shares in the last quarter. Fifth Third Bancorp boosted its stake in Western Union by 67.0% during the 4th quarter. Fifth Third Bancorp now owns 3,331 shares of the credit services provider’s stock valued at $31,000 after purchasing an additional 1,336 shares during the period. GAMMA Investing LLC boosted its stake in Western Union by 164.9% during the 4th quarter. GAMMA Investing LLC now owns 3,581 shares of the credit services provider’s stock valued at $33,000 after purchasing an additional 2,229 shares during the period. Finally, UMB Bank n.a. grew its holdings in Western Union by 260.7% in the 3rd quarter. UMB Bank n.a. now owns 3,593 shares of the credit services provider’s stock valued at $29,000 after buying an additional 2,597 shares during the last quarter. Institutional investors own 91.81% of the company’s stock.

Western Union Price Performance

NYSE:WU opened at $8.58 on Thursday. The stock has a market cap of $2.68 billion, a P/E ratio of 6.31, a PEG ratio of 1.06 and a beta of 0.50. The Western Union Company has a one year low of $7.85 and a one year high of $10.35. The company has a fifty day moving average price of $9.03 and a 200 day moving average price of $9.22. The company has a debt-to-equity ratio of 2.88, a current ratio of 1.11 and a quick ratio of 1.11.

Western Union (NYSE:WUGet Free Report) last released its earnings results on Friday, April 24th. The credit services provider reported $0.25 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.15). Western Union had a net margin of 10.88% and a return on equity of 55.94%. The company had revenue of $963.50 million for the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the previous year, the company earned $0.41 earnings per share. Western Union’s revenue for the quarter was down .1% compared to the same quarter last year. Western Union has set its FY 2026 guidance at 1.750-1.850 EPS. Analysts anticipate that The Western Union Company will post 1.76 earnings per share for the current year.

Western Union Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be given a $0.235 dividend. The ex-dividend date is Tuesday, June 16th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 11.0%. Western Union’s dividend payout ratio (DPR) is currently 69.12%.

Insider Buying and Selling

In other Western Union news, insider Benjamin Carlton Adams sold 19,924 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $9.23, for a total value of $183,898.52. Following the completion of the sale, the insider owned 234,689 shares in the company, valued at approximately $2,166,179.47. This trade represents a 7.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Giovanni Angelini sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $9.47, for a total value of $56,820.00. Following the completion of the sale, the insider owned 311,292 shares of the company’s stock, valued at $2,947,935.24. This represents a 1.89% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 3.29% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms have issued reports on WU. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Western Union in a report on Wednesday, January 21st. Cantor Fitzgerald raised Western Union to a “strong sell” rating in a report on Tuesday, January 27th. Nine research analysts have rated the stock with a Hold rating and five have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $8.82.

Check Out Our Latest Analysis on Western Union

About Western Union

(Free Report)

Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments. The company enables individuals and businesses to send and receive money through a variety of channels, including its vast agent network, online platforms, and mobile applications. Core services include person-to-person money transfers, business-to-business cross-border payments, bill payment services and prepaid card programs.

Through its digital offerings, Western Union provides customers with the ability to initiate transfers via its website and mobile app, as well as track transactions in real time.

Further Reading

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Institutional Ownership by Quarter for Western Union (NYSE:WU)

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