Counterpoint Mutual Funds LLC Acquires New Shares in The Western Union Company $WU

Counterpoint Mutual Funds LLC bought a new stake in The Western Union Company (NYSE:WU) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 63,428 shares of the credit services provider’s stock, valued at approximately $554,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. RiverFront Investment Group LLC grew its position in shares of Western Union by 4.7% during the 4th quarter. RiverFront Investment Group LLC now owns 28,662 shares of the credit services provider’s stock worth $267,000 after buying an additional 1,278 shares during the period. Fifth Third Bancorp boosted its stake in Western Union by 67.0% during the 4th quarter. Fifth Third Bancorp now owns 3,331 shares of the credit services provider’s stock worth $31,000 after acquiring an additional 1,336 shares during the last quarter. Kelleher Financial Advisors grew its holdings in Western Union by 16.0% during the fourth quarter. Kelleher Financial Advisors now owns 9,992 shares of the credit services provider’s stock valued at $93,000 after purchasing an additional 1,381 shares during the period. Kestra Investment Management LLC grew its holdings in Western Union by 0.6% during the fourth quarter. Kestra Investment Management LLC now owns 239,428 shares of the credit services provider’s stock valued at $2,229,000 after purchasing an additional 1,398 shares during the period. Finally, PFG Investments LLC increased its stake in Western Union by 6.6% in the first quarter. PFG Investments LLC now owns 23,382 shares of the credit services provider’s stock valued at $204,000 after purchasing an additional 1,454 shares in the last quarter. Institutional investors own 91.81% of the company’s stock.

Insider Buying and Selling

In related news, insider Benjamin Carlton Adams sold 19,924 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $9.23, for a total transaction of $183,898.52. Following the sale, the insider owned 234,689 shares in the company, valued at approximately $2,166,179.47. This represents a 7.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Giovanni Angelini sold 6,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $9.47, for a total value of $56,820.00. Following the sale, the insider owned 311,292 shares in the company, valued at approximately $2,947,935.24. This represents a 1.89% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 3.29% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

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

Western Union Stock Down 0.1%

Shares of Western Union stock opened at $8.01 on Friday. The business has a 50-day moving average of $8.09 and a two-hundred day moving average of $8.94. The Western Union Company has a 1 year low of $6.91 and a 1 year high of $10.35. The company has a debt-to-equity ratio of 2.88, a current ratio of 1.11 and a quick ratio of 1.11. The company has a market capitalization of $2.50 billion, a P/E ratio of 5.89, a price-to-earnings-growth ratio of 1.02 and a beta of 0.46.

Western Union (NYSE:WU) last announced its quarterly earnings results on Friday, April 24th. The credit services provider reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.15). Western Union had a net margin of 10.88% and a return on equity of 55.94%. The company had revenue of $963.50 million during the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the previous year, the firm posted $0.41 EPS. The business’s quarterly revenue was down .1% compared to the same quarter last year. Western Union has set its FY 2026 guidance at 1.750-1.850 EPS. As a group, equities analysts predict that The Western Union Company will post 1.76 EPS for the current year.

Western Union Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th were given a $0.235 dividend. This represents a $0.94 dividend on an annualized basis and a yield of 11.7%. The ex-dividend date of this dividend was Tuesday, June 16th. Western Union’s dividend payout ratio (DPR) is currently 69.12%.

Western Union 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.