TSP Capital Management Group LLC Lowers Holdings in The Western Union Company $WU

TSP Capital Management Group LLC trimmed its holdings in The Western Union Company (NYSE:WU) by 23.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 353,075 shares of the credit services provider’s stock after selling 108,122 shares during the period. Western Union comprises about 0.8% of TSP Capital Management Group LLC’s investment portfolio, making the stock its 29th biggest position. TSP Capital Management Group LLC owned about 0.11% of Western Union worth $3,287,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in WU. Wilmington Savings Fund Society FSB lifted its position in shares of Western Union by 606.7% in the third quarter. Wilmington Savings Fund Society FSB now owns 3,265 shares of the credit services provider’s stock worth $26,000 after buying an additional 2,803 shares in the last quarter. UMB Bank n.a. lifted its position in shares of Western Union by 260.7% in the third quarter. UMB Bank n.a. now owns 3,593 shares of the credit services provider’s stock worth $29,000 after buying an additional 2,597 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Western Union by 164.9% in the fourth quarter. GAMMA Investing LLC now owns 3,581 shares of the credit services provider’s stock worth $33,000 after buying an additional 2,229 shares in the last quarter. Danske Bank A S purchased a new stake in shares of Western Union in the third quarter worth about $37,000. Finally, Caldwell Trust Co purchased a new stake in shares of Western Union in the second quarter worth about $45,000. 91.81% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Western Union Trading Up 0.2%

Shares of WU stock opened at $8.80 on Wednesday. The Western Union Company has a 1 year low of $7.85 and a 1 year high of $10.36. The company has a debt-to-equity ratio of 3.00, a current ratio of 1.19 and a quick ratio of 1.19. The stock’s 50 day simple moving average is $9.40 and its two-hundred day simple moving average is $9.08. The company has a market cap of $2.76 billion, a PE ratio of 5.79, a price-to-earnings-growth ratio of 1.70 and a beta of 0.50.

Western Union (NYSE:WU) last issued its quarterly earnings data on Friday, February 20th. The credit services provider reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.02. Western Union had a return on equity of 62.01% and a net margin of 12.33%.The business had revenue of $1 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same period in the prior year, the business posted $0.40 earnings per share. The company’s quarterly revenue was down 4.7% compared to the same quarter last year. Western Union has set its FY 2026 guidance at 1.750-1.850 EPS. Research analysts predict that The Western Union Company will post 1.79 earnings per share for the current year.

Western Union Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th were paid a dividend of $0.235 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 10.7%. Western Union’s dividend payout ratio is currently 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.