Insider Selling: Western Union (NYSE:WU) Insider Sells $183,898.52 in Stock

The Western Union Company (NYSE:WU) insider Benjamin Carlton Adams sold 19,924 shares of Western Union stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $9.23, for a total value of $183,898.52. Following the completion of the transaction, the insider owned 234,689 shares in the company, valued at $2,166,179.47. The trade was a 7.83% 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.

Western Union Price Performance

Shares of NYSE:WU opened at $9.00 on Thursday. The company has a market cap of $2.81 billion, a price-to-earnings ratio of 6.61, a PEG ratio of 1.16 and a beta of 0.50. The business has a 50 day moving average price of $9.23 and a 200 day moving average price of $9.22. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 2.88. The Western Union Company has a twelve month low of $7.85 and a twelve month high of $10.35.

Western Union (NYSE:WU) last issued 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). The business had revenue of $963.50 million for the quarter, compared to analyst estimates of $1.06 billion. Western Union had a return on equity of 55.94% and a net margin of 10.88%.The firm’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.41 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 1.76 earnings per share for the current year.

Western Union Dividend Announcement

The business also recently declared 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 of this dividend was Tuesday, March 17th. This represents a $0.94 dividend on an annualized basis and a yield of 10.5%. Western Union’s dividend payout ratio is 69.12%.

Institutional Investors Weigh In On Western Union

Large investors have recently bought and sold shares of the business. Wilmington Savings Fund Society FSB raised its position in Western Union by 606.7% in the 3rd 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. Salomon & Ludwin LLC grew its holdings in shares of Western Union by 1,546.5% during the fourth quarter. Salomon & Ludwin LLC now owns 3,326 shares of the credit services provider’s stock worth $31,000 after purchasing an additional 3,124 shares during the last quarter. Fifth Third Bancorp grew its holdings in shares of Western Union by 67.0% during the fourth quarter. Fifth Third Bancorp now owns 3,331 shares of the credit services provider’s stock worth $31,000 after purchasing an additional 1,336 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its stake in shares of Western Union by 179.6% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,341 shares of the credit services provider’s stock valued at $31,000 after buying an additional 2,146 shares in the last quarter. Finally, Ascentis Independent Advisors bought a new position in shares of Western Union in the first quarter valued at about $30,000. 91.81% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

WU has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Western Union in a research report on Wednesday, January 21st. Cantor Fitzgerald raised shares of Western Union to a “strong sell” rating in a report on Tuesday, January 27th. Nine equities research analysts have rated the stock with a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus 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.