The Western Union Company (NYSE:WU) Stock Holdings Lowered by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lessened its stake in The Western Union Company (NYSE:WU) by 7.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 225,428 shares of the credit services provider’s stock after selling 18,187 shares during the period. Mutual of America Capital Management LLC owned 0.06% of Western Union worth $2,687,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ronald Blue Trust Inc. grew its position in Western Union by 134.8% in the 3rd quarter. Ronald Blue Trust Inc. now owns 1,956 shares of the credit services provider’s stock valued at $26,000 after buying an additional 1,123 shares in the last quarter. Cary Street Partners Investment Advisory LLC bought a new position in shares of Western Union during the 3rd quarter valued at about $29,000. GHP Investment Advisors Inc. boosted its position in shares of Western Union by 92.2% during the 3rd quarter. GHP Investment Advisors Inc. now owns 2,366 shares of the credit services provider’s stock valued at $31,000 after purchasing an additional 1,135 shares in the last quarter. Quarry LP boosted its position in shares of Western Union by 1,715.3% during the 1st quarter. Quarry LP now owns 3,685 shares of the credit services provider’s stock valued at $41,000 after purchasing an additional 3,482 shares in the last quarter. Finally, International Assets Investment Management LLC boosted its position in shares of Western Union by 1,092.6% during the 4th quarter. International Assets Investment Management LLC now owns 5,462 shares of the credit services provider’s stock valued at $65,000 after purchasing an additional 5,004 shares in the last quarter. Institutional investors own 91.81% of the company’s stock.

Insider Buying and Selling

In other news, Director Timothy P. Murphy acquired 10,000 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The shares were purchased at an average price of $12.85 per share, for a total transaction of $128,500.00. Following the completion of the acquisition, the director now owns 56,205 shares of the company’s stock, valued at approximately $722,234.25. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.85% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Evercore ISI raised their price objective on shares of Western Union from $13.00 to $14.00 and gave the company an “in-line” rating in a research report on Tuesday, March 26th. Wolfe Research restated an “underperform” rating on shares of Western Union in a research report on Thursday, January 4th. William Blair restated a “market perform” rating on shares of Western Union in a research report on Wednesday, February 7th. Monness Crespi & Hardt started coverage on shares of Western Union in a research note on Wednesday, March 20th. They set a “neutral” rating for the company. Finally, BMO Capital Markets upped their price objective on shares of Western Union from $12.00 to $13.00 and gave the company a “market perform” rating in a research note on Wednesday, February 7th. Two analysts have rated the stock with a sell rating and nine have issued a hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $13.25.

Western Union Price Performance

NYSE WU opened at $12.93 on Friday. The company has a 50 day simple moving average of $13.34 and a 200-day simple moving average of $12.60. The company has a debt-to-equity ratio of 5.23, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a market capitalization of $4.40 billion, a price-to-earnings ratio of 7.70, a price-to-earnings-growth ratio of 4.67 and a beta of 0.85. The Western Union Company has a 52-week low of $10.37 and a 52-week high of $14.19.

Western Union (NYSE:WU) last posted its quarterly earnings results on Tuesday, February 6th. The credit services provider reported $0.37 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.37. The business had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.02 billion. Western Union had a net margin of 14.37% and a return on equity of 113.63%. The firm’s revenue was down 3.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.32 earnings per share. Equities research analysts predict that The Western Union Company will post 1.68 earnings per share for the current fiscal year.

Western Union Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were issued a $0.235 dividend. The ex-dividend date was Thursday, March 14th. This represents a $0.94 dividend on an annualized basis and a yield of 7.27%. Western Union’s dividend payout ratio is currently 55.95%.

Western Union Company Profile

The Western Union Company provides money movement and payment services worldwide. The company operates through Consumer Money Transfer and Consumer Services segments. The Consumer Money Transfer segment facilitates money transfers for international cross-border and intra-country transfers, primarily through a network of retail agent locations, as well as through websites and mobile devices.