Cambria Investment Management L.P. Increases Stake in The Western Union Company $WU

Cambria Investment Management L.P. grew its stake in shares of The Western Union Company (NYSE:WU) by 19.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 869,949 shares of the credit services provider’s stock after buying an additional 144,405 shares during the period. Cambria Investment Management L.P. owned 0.27% of Western Union worth $6,951,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of WU. Alps Advisors Inc. lifted its stake in Western Union by 53.0% in the 3rd quarter. Alps Advisors Inc. now owns 2,399,631 shares of the credit services provider’s stock worth $19,173,000 after purchasing an additional 831,245 shares in the last quarter. QRG Capital Management Inc. purchased a new position in shares of Western Union during the third quarter valued at about $1,018,000. Allianz Asset Management GmbH grew its position in shares of Western Union by 51.1% during the third quarter. Allianz Asset Management GmbH now owns 6,329,626 shares of the credit services provider’s stock valued at $50,574,000 after purchasing an additional 2,140,167 shares in the last quarter. Edgestream Partners L.P. bought a new stake in shares of Western Union in the second quarter worth about $2,558,000. Finally, AGF Management Ltd. increased its holdings in shares of Western Union by 18.9% in the third quarter. AGF Management Ltd. now owns 381,429 shares of the credit services provider’s stock worth $3,048,000 after purchasing an additional 60,513 shares during the last quarter. Hedge funds and other institutional investors own 91.81% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on WU. Weiss Ratings reissued a “hold (c-)” rating on shares of Western Union in a research note on Wednesday, January 21st. Cantor Fitzgerald raised Western Union to a “strong sell” rating in a research note on Tuesday, January 27th. Finally, Keefe, Bruyette & Woods increased their target price on Western Union from $9.00 to $10.00 and gave the company a “market perform” rating in a research report on Friday, January 2nd. Ten analysts have rated the stock with a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $8.82.

Western Union Stock Down 2.6%

Shares of NYSE WU opened at $9.01 on Thursday. The firm’s 50-day moving average price is $9.55 and its 200-day moving average price is $9.04. 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 stock has a market capitalization of $2.82 billion, a price-to-earnings ratio of 5.92, a P/E/G ratio of 1.81 and a beta of 0.51. The Western Union Company has a 12-month low of $7.85 and a 12-month high of $10.90.

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

Western Union Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be issued a $0.235 dividend. The ex-dividend date is Tuesday, March 17th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 10.4%. Western Union’s payout ratio is 61.84%.

Western Union Company 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.