The Western Union Company $WU Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP raised its stake in The Western Union Company (NYSE:WU) by 44.8% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 657,225 shares of the credit services provider’s stock after purchasing an additional 203,345 shares during the period. Quantinno Capital Management LP’s holdings in Western Union were worth $5,738,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. Wilmington Savings Fund Society FSB raised its stake in Western Union by 606.7% during the third quarter. Wilmington Savings Fund Society FSB now owns 3,265 shares of the credit services provider’s stock valued at $26,000 after buying an additional 2,803 shares in the last quarter. Salomon & Ludwin LLC grew its position in shares of Western Union by 1,546.5% in 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 increased 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. Caitong International Asset Management Co. Ltd raised its position in shares of Western Union by 179.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,341 shares of the credit services provider’s stock valued at $31,000 after acquiring an additional 2,146 shares in the last quarter. Finally, Ascentis Independent Advisors acquired a new stake in shares of Western Union during the 1st quarter valued at approximately $30,000. 91.81% of the stock is currently owned by institutional investors and hedge funds.

Western Union Stock Performance

WU stock opened at $7.17 on Friday. The Western Union Company has a 1 year low of $6.27 and a 1 year high of $10.35. The stock has a market capitalization of $2.24 billion, a price-to-earnings ratio of 5.83, a PEG ratio of 1.25 and a beta of 0.47. The company has a debt-to-equity ratio of 2.95, a quick ratio of 1.12 and a current ratio of 1.12. The stock’s fifty day moving average is $7.70 and its two-hundred day moving average is $8.67.

Western Union (NYSE:WU) last released its quarterly earnings data on Thursday, July 30th. The credit services provider reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.11). The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $1.02 billion. Western Union had a return on equity of 50.89% and a net margin of 9.79%.The firm’s revenue was down 1.3% on a year-over-year basis. During the same period last year, the business earned $0.37 EPS. Western Union has set its FY 2026 guidance at 1.250-1.350 EPS. On average, research analysts predict that The Western Union Company will post 1.29 EPS for the current year.

Western Union Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be issued a dividend of $0.235 per share. This represents a $0.94 dividend on an annualized basis and a dividend yield of 13.1%. The ex-dividend date of this dividend is Wednesday, September 16th. Western Union’s payout ratio is 76.42%.

Analyst Ratings Changes

Several analysts have weighed in on the stock. JPMorgan Chase & Co. lowered their target price on shares of Western Union from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Monday, July 13th. Wolfe Research reaffirmed an “underperform” rating and issued a $8.00 price target on shares of Western Union in a report on Friday, July 31st. Susquehanna lowered their price objective on shares of Western Union from $10.00 to $8.00 and set a “neutral” rating for the company in a research report on Friday, July 31st. Weiss Ratings upgraded shares of Western Union from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday. Finally, Zacks Research cut shares of Western Union from a “hold” rating to a “strong sell” rating in a report on Tuesday. Six equities research analysts have rated the stock with a Hold rating and seven have issued a Sell rating to the company. According to data from MarketBeat.com, Western Union has a consensus rating of “Strong Sell” and an average price target of $7.55.

Western Union Company 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.