Guggenheim Capital LLC increased its position in shares of The Western Union Company (NYSE:WU) by 6.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,692,167 shares of the credit services provider’s stock after acquiring an additional 218,317 shares during the quarter. Guggenheim Capital LLC owned about 0.80% of The Western Union worth $70,187,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Sun Life Financial INC lifted its stake in shares of The Western Union by 94.5% during the third quarter. Sun Life Financial INC now owns 22,160 shares of the credit services provider’s stock valued at $425,000 after acquiring an additional 10,765 shares during the period. PVG Asset Management Corp acquired a new position in shares of The Western Union during the third quarter valued at $269,000. ICICI Prudential Asset Management Co Ltd acquired a new position in shares of The Western Union during the third quarter valued at $338,000. Stephens Inc. AR lifted its stake in shares of The Western Union by 11.7% during the fourth quarter. Stephens Inc. AR now owns 39,182 shares of the credit services provider’s stock valued at $745,000 after acquiring an additional 4,104 shares during the period. Finally, M&T Bank Corp lifted its stake in shares of The Western Union by 20.9% during the fourth quarter. M&T Bank Corp now owns 78,292 shares of the credit services provider’s stock valued at $1,487,000 after acquiring an additional 13,561 shares during the period.
In other news, insider Amintore Schenkel sold 15,600 shares of the firm’s stock in a transaction that occurred on Monday, January 8th. The stock was sold at an average price of $21.99, for a total value of $343,044.00. Following the completion of the sale, the insider now directly owns 93,694 shares of the company’s stock, valued at $2,060,331.06. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Jean Claude Farah sold 50,813 shares of the firm’s stock in a transaction that occurred on Monday, January 8th. The shares were sold at an average price of $21.50, for a total value of $1,092,479.50. Following the completion of the sale, the executive vice president now directly owns 152,362 shares of the company’s stock, valued at $3,275,783. The disclosure for this sale can be found here. Corporate insiders own 1.10% of the company’s stock.
The Western Union Company (NYSE:WU) opened at $20.17 on Monday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of -6.17. The stock has a market capitalization of $9,264.05, a PE ratio of 11.27, a P/E/G ratio of 2.45 and a beta of 1.05. The Western Union Company has a fifty-two week low of $18.39 and a fifty-two week high of $22.21.
The Western Union (NYSE:WU) last posted its quarterly earnings data on Tuesday, February 13th. The credit services provider reported $0.41 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.45 by ($0.04). The firm had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.40 billion. The Western Union had a positive return on equity of 206.81% and a negative net margin of 10.09%. During the same quarter in the previous year, the business posted $0.47 earnings per share. analysts anticipate that The Western Union Company will post 1.85 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Friday, March 16th will be issued a dividend of $0.19 per share. The ex-dividend date is Thursday, March 15th. This is an increase from The Western Union’s previous quarterly dividend of $0.18. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.77%. The Western Union’s dividend payout ratio (DPR) is presently -56.00%.
About The Western Union
The Western Union Company (Western Union) is a provider of money movement and payment services. The Company operates through three segments: Consumer-to-Consumer, Consumer-to-Business and Business Solutions. The Company’s Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents.
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