The Western Union Company (NYSE:WU - Get Free Report) insider Giovanni Angelini sold 6,000 shares of Western Union stock in a transaction dated 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 of the company's stock, valued at approximately $2,947,935.24. This represents a 1.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Western Union Price Performance
WU stock opened at $9.08 on Friday. The Western Union Company has a 12 month low of $7.85 and a 12 month high of $10.35. The company has a current ratio of 1.11, a quick ratio of 1.19 and a debt-to-equity ratio of 2.88. The company has a 50-day moving average price of $9.23 and a 200 day moving average price of $9.20. The stock has a market cap of $2.84 billion, a PE ratio of 6.67, a P/E/G ratio of 1.14 and a beta of 0.50.
Western Union (NYSE:WU - Get Free Report) last released its quarterly 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). Western Union had a return on equity of 55.94% and a net margin of 10.88%.The firm had revenue of $963.50 million for the quarter, compared to analysts' expectations of $1.06 billion. During the same period in the prior year, the firm posted $0.41 earnings per share. Western Union's revenue for the quarter was down .1% on a year-over-year basis. Western Union has set its FY 2026 guidance at 1.750-1.850 EPS. Equities research analysts anticipate that The Western Union Company will post 1.76 earnings per share for the current year.
Western Union Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were given a $0.235 dividend. This represents a $0.94 annualized dividend and a yield of 10.4%. The ex-dividend date of this dividend was Tuesday, March 17th. Western Union's payout ratio is 69.12%.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of WU. RiverFront Investment Group LLC grew its stake in Western Union by 4.7% during the 4th quarter. RiverFront Investment Group LLC now owns 28,662 shares of the credit services provider's stock valued at $267,000 after purchasing an additional 1,278 shares during the last quarter. Fifth Third Bancorp boosted its holdings in shares of Western Union by 67.0% in the 4th quarter. Fifth Third Bancorp now owns 3,331 shares of the credit services provider's stock valued at $31,000 after acquiring an additional 1,336 shares during the last quarter. Kelleher Financial Advisors boosted its holdings in Western Union by 16.0% during the fourth quarter. Kelleher Financial Advisors now owns 9,992 shares of the credit services provider's stock worth $93,000 after buying an additional 1,381 shares in the last quarter. Kestra Investment Management LLC boosted its holdings in Western Union by 0.6% during the fourth quarter. Kestra Investment Management LLC now owns 239,428 shares of the credit services provider's stock worth $2,229,000 after buying an additional 1,398 shares in the last quarter. Finally, Michels Family Financial LLC boosted its holdings in Western Union by 3.2% during the third quarter. Michels Family Financial LLC now owns 46,722 shares of the credit services provider's stock worth $373,000 after buying an additional 1,436 shares in the last quarter. Institutional investors own 91.81% of the company's stock.
Analyst Ratings Changes
Several equities research analysts have recently commented on WU shares. Cantor Fitzgerald upgraded shares of Western Union to a "strong sell" rating in a report on Tuesday, January 27th. Keefe, Bruyette & Woods boosted their price target on shares of Western Union from $9.00 to $10.00 and gave the company a "market perform" rating in a report on Friday, January 2nd. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of Western Union in a report on Wednesday, January 21st. Nine analysts have rated the stock with a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Reduce" and a consensus price target of $8.82.
Get Our Latest Analysis on WU
About Western Union
(
Get 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.
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