TSP Capital Management Group LLC Grows Stake in The Western Union Company $WU

TSP Capital Management Group LLC boosted its holdings in The Western Union Company (NYSE:WU) by 209.2% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,091,864 shares of the credit services provider’s stock after acquiring an additional 738,789 shares during the quarter. Western Union accounts for about 2.3% of TSP Capital Management Group LLC’s investment portfolio, making the stock its 18th largest position. TSP Capital Management Group LLC’s holdings in Western Union were worth $9,532,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wilmington Savings Fund Society FSB grew its position in 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 acquiring an additional 2,803 shares in the last quarter. Salomon & Ludwin LLC grew its holdings in shares of Western Union by 1,546.5% in the fourth quarter. Salomon & Ludwin LLC now owns 3,326 shares of the credit services provider’s stock worth $31,000 after purchasing an additional 3,124 shares during the last quarter. Fifth Third Bancorp increased its position in shares of Western Union by 67.0% in the fourth quarter. Fifth Third Bancorp now owns 3,331 shares of the credit services provider’s stock valued at $31,000 after acquiring an additional 1,336 shares during the period. Caitong International Asset Management Co. Ltd raised its position in Western Union by 179.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,341 shares of the credit services provider’s stock valued at $31,000 after purchasing an additional 2,146 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in 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 acquiring an additional 2,229 shares during the period. Hedge funds and other institutional investors own 91.81% of the company’s stock.

Western Union Stock Up 1.8%

Shares of NYSE:WU opened at $7.83 on Thursday. The stock has a fifty day simple moving average of $8.15 and a two-hundred day simple moving average of $8.96. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 2.88. The stock has a market capitalization of $2.45 billion, a price-to-earnings ratio of 5.76, a PEG ratio of 0.98 and a beta of 0.46. The Western Union Company has a 12-month low of $6.91 and a 12-month high of $10.35.

Western Union (NYSE:WU) last released 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). Western Union had a net margin of 10.88% and a return on equity of 55.94%. The business had revenue of $963.50 million during the quarter, compared to the consensus estimate of $1.06 billion. During the same period last year, the company posted $0.41 earnings per share. The business’s 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. On average, research analysts anticipate that The Western Union Company will post 1.76 earnings per share for the current fiscal year.

Western Union Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were paid a dividend of $0.235 per share. The ex-dividend date was Tuesday, June 16th. This represents a $0.94 annualized dividend and a yield of 12.0%. Western Union’s dividend payout ratio is currently 69.12%.

Analysts Set New Price Targets

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

Insider Activity

In other news, insider Giovanni Angelini sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $9.47, for a total transaction of $56,820.00. Following the sale, the insider owned 311,292 shares of the company’s stock, valued at $2,947,935.24. This trade represents a 1.89% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available 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 sale, the insider directly owned 234,689 shares of the company’s stock, valued at approximately $2,166,179.47. This trade represents a 7.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 3.29% of the stock is currently owned by corporate insiders.

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.