The Western Union Company (NYSE:WU – Get Free Report) has been assigned a consensus recommendation of “Reduce” from the twelve analysts that are presently covering the firm, Marketbeat.com reports. Six research analysts have rated the stock with a sell recommendation and six have given a hold recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $8.45.
A number of analysts recently commented on the company. Weiss Ratings cut Western Union from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, June 5th. Citigroup cut their price target on Western Union from $9.50 to $8.50 and set a “neutral” rating for the company in a research note on Friday. Barclays initiated coverage on shares of Western Union in a research report on Tuesday, July 7th. They set an “underweight” rating and a $7.00 price target for the company. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Western Union from $9.00 to $8.00 and set an “underweight” rating on the stock in a research note on Monday, July 13th.
Read Our Latest Analysis on Western Union
Western Union Stock Down 2.0%
Western Union (NYSE:WU – Get Free Report) last posted 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 company had revenue of $963.50 million during 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%.The company’s revenue for the quarter was down .1% on a year-over-year basis. During the same period last year, the firm posted $0.41 EPS. Western Union has set its FY 2026 guidance at 1.750-1.850 EPS. Research analysts anticipate that Western Union will post 1.75 EPS for the current year.
Western Union Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were given a $0.235 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $0.94 annualized dividend and a yield of 10.8%. Western Union’s dividend payout ratio (DPR) is presently 69.12%.
Insider Buying and Selling at Western Union
In related news, insider Giovanni Angelini sold 6,000 shares of Western Union stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $9.47, for a total transaction of $56,820.00. Following the transaction, the insider directly owned 311,292 shares in the company, valued at approximately $2,947,935.24. The trade was a 1.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Benjamin Carlton Adams sold 19,924 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $9.23, for a total value 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 represents a 7.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 3.29% of the company’s stock.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in WU. Wilmington Savings Fund Society FSB increased its holdings in Western Union by 606.7% in 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. Ascentis Independent Advisors purchased a new position in Western Union during the first quarter valued at approximately $30,000. Salomon & Ludwin LLC boosted its position in shares of Western Union by 1,546.5% in the fourth quarter. Salomon & Ludwin LLC now owns 3,326 shares of the credit services provider’s stock worth $31,000 after purchasing an additional 3,124 shares during the period. Fifth Third Bancorp boosted its position in shares of Western Union by 67.0% in the fourth quarter. Fifth Third Bancorp now owns 3,331 shares of the credit services provider’s stock worth $31,000 after purchasing an additional 1,336 shares during the period. Finally, Caitong International Asset Management Co. Ltd increased its stake in shares of Western Union by 179.6% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,341 shares of the credit services provider’s stock worth $31,000 after purchasing an additional 2,146 shares in the last quarter. 91.81% of the stock is owned by hedge funds and other institutional investors.
About Western Union
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.
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