The Western Union Company (WU) Position Reduced by Teachers Advisors LLC

Teachers Advisors LLC trimmed its holdings in shares of The Western Union Company (NYSE:WU) by 14.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 725,441 shares of the credit services provider’s stock after selling 117,709 shares during the quarter. Teachers Advisors LLC owned about 0.16% of The Western Union worth $13,791,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Assetmark Inc. lifted its stake in The Western Union by 6,425.7% during the fourth quarter. Assetmark Inc. now owns 6,852 shares of the credit services provider’s stock worth $130,000 after purchasing an additional 6,747 shares during the last quarter. Financial Gravity Companies Inc. bought a new stake in The Western Union during the fourth quarter worth about $159,000. Steward Partners Investment Advisory LLC bought a new stake in The Western Union during the third quarter worth about $186,000. Financial Counselors Inc. bought a new stake in The Western Union during the fourth quarter worth about $191,000. Finally, Fox Run Management L.L.C. bought a new stake in The Western Union during the fourth quarter worth about $196,000.

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In related news, insider Amintore Schenkel sold 15,600 shares of the business’s stock in a transaction dated Monday, January 8th. The stock was sold at an average price of $21.99, for a total transaction of $343,044.00. Following the transaction, the insider now owns 93,694 shares in the company, valued at approximately $2,060,331.06. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Jean Claude Farah sold 50,813 shares of the business’s stock in a transaction dated 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 transaction, the executive vice president now owns 152,362 shares in the company, valued at approximately $3,275,783. The disclosure for this sale can be found here. 1.10% of the stock is owned by insiders.

Several brokerages have issued reports on WU. UBS raised The Western Union to a “neutral” rating in a research note on Monday, January 8th. William Blair reissued a “market perform” rating on shares of The Western Union in a research note on Wednesday, February 14th. TheStreet lowered The Western Union from a “b-” rating to a “c-” rating in a research note on Tuesday, February 13th. Zacks Investment Research raised The Western Union from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 15th. Finally, Mizuho raised The Western Union from an “underperform” rating to a “neutral” rating and set a $16.00 target price for the company in a research note on Wednesday, February 14th. Five analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the stock. The Western Union presently has an average rating of “Hold” and an average price target of $19.50.

NYSE WU opened at $19.23 on Friday. The Western Union Company has a 1-year low of $18.39 and a 1-year high of $22.21. The company has a debt-to-equity ratio of -6.17, a current ratio of 0.82 and a quick ratio of 0.82. The stock has a market capitalization of $8,832.32, a PE ratio of 10.68, a P/E/G ratio of 2.33 and a beta of 1.05.

The Western Union (NYSE:WU) last announced its quarterly earnings results on Tuesday, February 13th. The credit services provider reported $0.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.04). The Western Union had a negative net margin of 10.09% and a positive return on equity of 206.81%. The business had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same quarter in the prior year, the firm earned $0.47 EPS. equities research analysts forecast that The Western Union Company will post 1.86 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, March 30th. Investors of record on Friday, March 16th were issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 3.95%. The ex-dividend date was Thursday, March 15th. This is an increase from The Western Union’s previous quarterly dividend of $0.18. The Western Union’s payout ratio is currently 42.22%.

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The Western Union Company Profile

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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Institutional Ownership by Quarter for The Western Union (NYSE:WU)

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