Impact Partnership Wealth LLC bought a new position in The Western Union Company (NYSE:WU – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 65,998 shares of the credit services provider’s stock, valued at approximately $576,000.
Other institutional investors have also recently made changes to their positions in the company. SG Americas Securities LLC lifted its holdings in shares of Western Union by 11,759.8% during the 4th quarter. SG Americas Securities LLC now owns 7,954,045 shares of the credit services provider’s stock valued at $74,052,000 after buying an additional 7,886,978 shares during the period. Cambria Investment Management L.P. lifted its holdings in Western Union by 19.9% in the third quarter. Cambria Investment Management L.P. now owns 869,949 shares of the credit services provider’s stock valued at $6,951,000 after acquiring an additional 144,405 shares during the period. Schroder Investment Management Group boosted its position in Western Union by 28.0% in the third quarter. Schroder Investment Management Group now owns 16,948,328 shares of the credit services provider’s stock worth $135,417,000 after purchasing an additional 3,708,291 shares during the last quarter. Aquatic Capital Management LLC grew its stake in shares of Western Union by 143.1% during the 3rd quarter. Aquatic Capital Management LLC now owns 882,399 shares of the credit services provider’s stock valued at $7,050,000 after purchasing an additional 519,427 shares during the period. Finally, Vanguard Group Inc. grew its stake in shares of Western Union by 3.5% during the 4th quarter. Vanguard Group Inc. now owns 34,471,400 shares of the credit services provider’s stock valued at $320,929,000 after purchasing an additional 1,171,810 shares during the period. Hedge funds and other institutional investors own 91.81% of the company’s stock.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings cut shares of Western Union from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, June 5th. Seven investment analysts have rated the stock with a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average price target of $8.82.
Insiders Place Their Bets
In other Western Union news, insider Benjamin Carlton Adams sold 19,924 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $9.23, for a total transaction of $183,898.52. Following the sale, the insider directly owned 234,689 shares of the company’s stock, valued at $2,166,179.47. This trade represents a 7.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Giovanni Angelini sold 6,000 shares of the business’s stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $9.47, for a total value of $56,820.00. Following the completion of the transaction, the insider owned 311,292 shares in the company, valued at $2,947,935.24. The trade was a 1.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 insiders.
Western Union Trading Up 1.8%
Shares of NYSE:WU opened at $7.83 on Thursday. The stock has a 50 day moving average of $8.15 and a 200 day moving average of $8.96. The company has a market cap of $2.45 billion, a PE ratio of 5.76, a price-to-earnings-growth ratio of 0.98 and a beta of 0.46. The Western Union Company has a 12-month low of $6.91 and a 12-month high of $10.35. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 2.88.
Western Union (NYSE:WU – Get Free Report) last released its earnings results on Friday, April 24th. The credit services provider reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.15). The firm had revenue of $963.50 million for the quarter, compared to the consensus estimate of $1.06 billion. Western Union had a return on equity of 55.94% and a net margin of 10.88%.Western Union’s revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.41 EPS. Western Union has set its FY 2026 guidance at 1.750-1.850 EPS. As a group, equities research analysts expect that The Western Union Company will post 1.76 EPS for the current year.
Western Union Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th were paid a dividend of $0.235 per share. The ex-dividend date was Tuesday, June 16th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 12.0%. Western Union’s payout ratio is 69.12%.
Western Union Profile
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.
Featured Articles
- Five stocks we like better than Western Union
- AirJoule Unveils Prime System, Clearing Path to Commercialization
- Copper Stocks Are Getting a Bigger Spotlight as Gold’s Rally Cracks
- Nike Q4 Beat Masks Core Weakness as Analysts Cut Price Targets
- Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case
Want to see what other hedge funds are holding WU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Western Union Company (NYSE:WU – Free Report).
Receive News & Ratings for Western Union Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Union and related companies with MarketBeat.com's FREE daily email newsletter.
