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

Quantinno Capital Management LP grew its holdings in shares of The Western Union Company (NYSE:WU) by 44.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 657,225 shares of the credit services provider’s stock after purchasing an additional 203,345 shares during the quarter. Quantinno Capital Management LP owned approximately 0.21% of Western Union worth $5,738,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Integrated Wealth Concepts LLC lifted its position in Western Union by 15.5% during the first quarter. Integrated Wealth Concepts LLC now owns 39,859 shares of the credit services provider’s stock worth $422,000 after buying an additional 5,351 shares during the period. Goldman Sachs Group Inc. grew its holdings in Western Union by 27.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,964,972 shares of the credit services provider’s stock valued at $20,789,000 after buying an additional 422,715 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Western Union by 9.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,861,908 shares of the credit services provider’s stock valued at $19,699,000 after buying an additional 154,110 shares during the period. Focus Partners Wealth increased its stake in shares of Western Union by 93.5% during the 1st quarter. Focus Partners Wealth now owns 27,535 shares of the credit services provider’s stock valued at $291,000 after acquiring an additional 13,302 shares during the last quarter. Finally, Prudential Financial Inc. lifted its holdings in shares of Western Union by 24.7% during the 2nd quarter. Prudential Financial Inc. now owns 36,874 shares of the credit services provider’s stock worth $310,000 after acquiring an additional 7,314 shares during the period. Hedge funds and other institutional investors own 91.81% of the company’s stock.

Western Union Stock Performance

Western Union stock opened at $7.17 on Friday. The Western Union Company has a 12-month low of $6.27 and a 12-month high of $10.35. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.12 and a quick ratio of 1.12. The company has a market capitalization of $2.24 billion, a price-to-earnings ratio of 5.83, a price-to-earnings-growth ratio of 1.25 and a beta of 0.47. The firm’s fifty day moving average price is $7.70 and its 200 day moving average price is $8.67.

Western Union (NYSE:WU) last posted 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). Western Union had a net margin of 9.79% and a return on equity of 50.89%. The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $1.02 billion. During the same period in the previous year, the company earned $0.37 earnings per share. The business’s quarterly revenue was down 1.3% on a year-over-year basis. Western Union has set its FY 2026 guidance at 1.250-1.350 EPS. On average, research analysts forecast that The Western Union Company will post 1.29 EPS for the current fiscal year.

Western Union Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be given a $0.235 dividend. 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 dividend payout ratio is presently 76.42%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on WU. Royal Bank Of Canada decreased their target price on shares of Western Union from $9.00 to $8.00 and set a “sector perform” rating on the stock in a research report on Friday, July 31st. Barclays cut their price target on shares of Western Union from $7.00 to $6.00 and set an “underweight” rating on the stock in a research note on Friday, July 31st. Citigroup decreased their price target on shares of Western Union from $8.50 to $7.00 and set a “neutral” rating on the stock in a report on Monday. JPMorgan Chase & Co. lowered their price objective 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. Finally, Zacks Research lowered Western Union from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Six analysts have rated the stock with a Hold rating and seven have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Strong Sell” and an average target price of $7.55.

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.