Oak Thistle LLC Sells 71,156 Shares of The Western Union Company $WU

Oak Thistle LLC lowered its stake in The Western Union Company (NYSE:WU) by 26.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 200,673 shares of the credit services provider’s stock after selling 71,156 shares during the quarter. Oak Thistle LLC owned 0.06% of Western Union worth $1,868,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB lifted its position in Western Union by 606.7% in 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 purchasing an additional 2,803 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Western Union by 164.9% during the fourth quarter. GAMMA Investing LLC now owns 3,581 shares of the credit services provider’s stock valued at $33,000 after acquiring an additional 2,229 shares in the last quarter. UMB Bank n.a. raised its holdings in shares of Western Union by 260.7% during the third quarter. UMB Bank n.a. now owns 3,593 shares of the credit services provider’s stock valued at $29,000 after acquiring an additional 2,597 shares in the last quarter. Danske Bank A S bought a new position in shares of Western Union during the third quarter valued at approximately $37,000. Finally, Caldwell Trust Co bought a new position in shares of Western Union during the second quarter valued at approximately $45,000. Institutional investors own 91.81% of the company’s stock.

Western Union Price Performance

WU opened at $8.89 on Thursday. The stock has a fifty day simple moving average of $9.39 and a two-hundred day simple moving average of $9.07. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 3.00. The company has a market cap of $2.78 billion, a price-to-earnings ratio of 5.85, a price-to-earnings-growth ratio of 1.70 and a beta of 0.50. The Western Union Company has a 12-month low of $7.85 and a 12-month high of $10.36.

Western Union (NYSE:WU) last posted its quarterly earnings data on Friday, February 20th. The credit services provider reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.02. The business had revenue of $1 billion during the quarter, compared to the consensus estimate of $1.04 billion. Western Union had a return on equity of 62.01% and a net margin of 12.33%.The firm’s quarterly revenue was down 4.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.40 earnings per share. Western Union has set its FY 2026 guidance at 1.750-1.850 EPS. Research analysts predict that The Western Union Company will post 1.79 earnings per share for the current fiscal year.

Western Union Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were issued a $0.235 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $0.94 dividend on an annualized basis and a yield of 10.6%. Western Union’s dividend payout ratio is 61.84%.

Analysts Set New Price Targets

WU has been the subject of a number of recent analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of Western Union in a report on Wednesday, January 21st. Cantor Fitzgerald upgraded Western Union to a “strong sell” rating in a report on Tuesday, January 27th. Finally, Keefe, Bruyette & Woods upped their target price on Western Union from $9.00 to $10.00 and gave the company a “market perform” rating in a report on Friday, January 2nd. Ten analysts have rated the stock with a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $8.82.

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.