The Western Union Company $WU Stock Position Increased by Allianz Asset Management GmbH

Allianz Asset Management GmbH boosted its position in The Western Union Company (NYSE:WU) by 24.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,879,726 shares of the credit services provider’s stock after purchasing an additional 1,550,100 shares during the quarter. Allianz Asset Management GmbH’s holdings in Western Union were worth $73,360,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB lifted 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 lifted its position in Western Union by 1,546.5% in the 4th quarter. Salomon & Ludwin LLC now owns 3,326 shares of the credit services provider’s stock valued at $31,000 after purchasing an additional 3,124 shares during the last quarter. Fifth Third Bancorp lifted its position in Western Union by 67.0% in the 4th quarter. Fifth Third Bancorp now owns 3,331 shares of the credit services provider’s stock valued at $31,000 after purchasing an additional 1,336 shares during the last quarter. GAMMA Investing LLC lifted its position in Western Union by 164.9% in the 4th quarter. GAMMA Investing LLC now owns 3,581 shares of the credit services provider’s stock valued at $33,000 after purchasing an additional 2,229 shares during the last quarter. Finally, WealthCollab LLC lifted its position in Western Union by 64.5% in the 4th quarter. WealthCollab LLC now owns 4,153 shares of the credit services provider’s stock valued at $39,000 after purchasing an additional 1,629 shares during the last quarter. 91.81% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings downgraded shares of Western Union from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, June 5th. Seven research analysts have rated the stock with a Hold rating and six have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $8.82.

Western Union Stock Down 1.1%

WU stock opened at $7.35 on Thursday. The Western Union Company has a 52 week low of $7.25 and a 52 week high of $10.35. The company has a market capitalization of $2.29 billion, a price-to-earnings ratio of 5.40, a price-to-earnings-growth ratio of 0.95 and a beta of 0.46. The firm’s 50-day moving average is $8.64 and its two-hundred day moving average is $9.12. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 2.88.

Western Union (NYSE:WU) last announced its quarterly earnings data on Friday, April 24th. The credit services provider reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.15). The business had revenue of $963.50 million during 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 business’s revenue for the quarter was down .1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.41 EPS. Western Union has set its FY 2026 guidance at 1.750-1.850 EPS. On average, analysts forecast that The Western Union Company will post 1.76 earnings per share for the current fiscal year.

Western Union Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be paid a $0.235 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $0.94 annualized dividend and a dividend yield of 12.8%. Western Union’s payout ratio is currently 69.12%.

Insider Activity at Western Union

In other news, insider Giovanni Angelini sold 6,000 shares of Western Union stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $9.47, for a total value of $56,820.00. Following the transaction, the insider owned 311,292 shares of the company’s stock, valued at $2,947,935.24. The trade was a 1.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Benjamin Carlton Adams sold 19,924 shares of Western Union stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $9.23, for a total transaction of $183,898.52. Following the completion of the transaction, the insider directly owned 234,689 shares in the company, valued at $2,166,179.47. This represents a 7.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 3.29% of the company’s stock.

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.