Yousif Capital Management LLC Sells 4,027 Shares of The Western Union Company $WU

Yousif Capital Management LLC trimmed its holdings in The Western Union Company (NYSE:WU) by 3.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 125,655 shares of the credit services provider’s stock after selling 4,027 shares during the period. Yousif Capital Management LLC’s holdings in Western Union were worth $1,058,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. MCF Advisors LLC grew its position in Western Union by 464.3% in the first quarter. MCF Advisors LLC now owns 3,397 shares of the credit services provider’s stock worth $36,000 after acquiring an additional 2,795 shares in the last quarter. GAMMA Investing LLC grew its position in Western Union by 188.1% in the first quarter. GAMMA Investing LLC now owns 3,803 shares of the credit services provider’s stock worth $40,000 after acquiring an additional 2,483 shares in the last quarter. Farmers & Merchants Investments Inc. grew its position in Western Union by 2,225.8% in the second quarter. Farmers & Merchants Investments Inc. now owns 5,675 shares of the credit services provider’s stock worth $48,000 after acquiring an additional 5,431 shares in the last quarter. CHICAGO TRUST Co NA bought a new stake in Western Union in the second quarter worth approximately $84,000. Finally, Annis Gardner Whiting Capital Advisors LLC bought a new stake in Western Union in the first quarter worth approximately $96,000. 91.81% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms recently issued reports on WU. UBS Group decreased their price objective on shares of Western Union from $10.50 to $8.50 and set a “neutral” rating for the company in a report on Tuesday, July 29th. Monness Crespi & Hardt decreased their price objective on shares of Western Union from $7.50 to $7.00 and set a “sell” rating for the company in a report on Tuesday, July 29th. Susquehanna decreased their price objective on shares of Western Union from $11.00 to $9.00 and set a “neutral” rating for the company in a report on Tuesday, July 29th. Royal Bank Of Canada decreased their price objective on shares of Western Union from $13.00 to $9.00 and set a “sector perform” rating for the company in a report on Tuesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Western Union in a report on Thursday, July 17th. They set a “hold” rating and a $9.00 price objective for the company. Nine analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $8.50.

Insiders Place Their Bets

In related news, CEO Devin Mcgranahan purchased 176,470 shares of Western Union stock in a transaction on Thursday, August 21st. The stock was purchased at an average cost of $8.49 per share, with a total value of $1,498,230.30. Following the acquisition, the chief executive officer directly owned 913,125 shares in the company, valued at approximately $7,752,431.25. This trade represents a 23.96% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Matthew Cagwin purchased 17,500 shares of Western Union stock in a transaction on Monday, August 18th. The stock was bought at an average cost of $8.36 per share, with a total value of $146,300.00. Following the completion of the acquisition, the chief financial officer owned 225,611 shares in the company, valued at approximately $1,886,107.96. This trade represents a 8.41% increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.58% of the stock is owned by corporate insiders.

Western Union Price Performance

Shares of Western Union stock opened at $8.13 on Wednesday. The company has a debt-to-equity ratio of 3.11, a current ratio of 1.15 and a quick ratio of 1.15. The Western Union Company has a fifty-two week low of $7.85 and a fifty-two week high of $11.94. The firm has a fifty day moving average price of $8.32 and a two-hundred day moving average price of $8.81. The company has a market cap of $2.62 billion, a PE ratio of 3.08, a price-to-earnings-growth ratio of 2.77 and a beta of 0.61.

Western Union (NYSE:WU) last issued its quarterly earnings results on Monday, July 28th. The credit services provider reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.02). Western Union had a net margin of 21.83% and a return on equity of 66.11%. The company had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same period last year, the company earned $0.44 earnings per share. Western Union’s revenue for the quarter was down 3.8% on a year-over-year basis. Western Union has set its FY 2025 guidance at 1.650-1.750 EPS. Analysts expect that The Western Union Company will post 1.79 EPS for the current year.

Western Union Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 16th were issued a $0.235 dividend. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $0.94 dividend on an annualized basis and a yield of 11.6%. Western Union’s dividend payout ratio is 35.61%.

Western Union Profile

The Western Union Company provides money movement and payment services worldwide. The company operates through Consumer Money Transfer and Consumer Services segments. The Consumer Money Transfer segment facilitates money transfers for international cross-border and intra-country transfers, primarily through a network of retail agent locations, as well as through websites and mobile devices.