Jupiter Topco LLC Makes New $1.15 Million Investment in The Western Union Company $WU

Key Points

• Jupiter Topco LLC acquired 149,400 Western Union shares worth approximately $1.15 million in the second quarter. Institutional investors collectively own 91.81% of the company.
• Western Union reported quarterly EPS of $0.31, below the $0.42 consensus estimate, while revenue fell 1.3% year over year to $1.01 billion. The stock opened at $7.19, near its 52-week low.
• The company declared a quarterly dividend of $0.235 per share, equivalent to a 13.1% annualized yield. Analysts remain bearish, with a consensus “Strong Sell” rating and an average price target of $7.55.

Jupiter Topco LLC acquired a new position in shares of The Western Union Company (NYSE:WU - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 149,400 shares of the credit services provider's stock, valued at approximately $1,150,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Wilmington Savings Fund Society FSB lifted 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 purchasing an additional 2,803 shares during the period. Ascentis Independent Advisors bought a new stake in Western Union in the 1st quarter valued at $30,000. Fifth Third Bancorp increased its holdings in Western Union by 67.0% in the 4th quarter. Fifth Third Bancorp now owns 3,331 shares of the credit services provider's stock valued at $31,000 after buying an additional 1,336 shares during the period. Caitong International Asset Management Co. Ltd raised its stake in shares of Western Union by 179.6% in 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 buying an additional 2,146 shares in the last quarter. Finally, Danske Bank A S acquired a new position in shares of Western Union in the 3rd quarter valued at $37,000. 91.81% of the stock is currently owned by institutional investors.

Western Union Stock Down 0.8%

Shares of NYSE WU opened at $7.19 on Friday. The stock has a market cap of $2.24 billion, a PE ratio of 5.85 and a beta of 0.50. The business has a fifty day moving average of $7.61 and a two-hundred day moving average of $8.33. The Western Union Company has a 52-week low of $6.27 and a 52-week high of $10.35. The company has a debt-to-equity ratio of 2.95, a quick ratio of 1.12 and a current ratio of 1.12.

Western Union (NYSE:WU - Get Free Report) last posted its earnings results on Thursday, July 30th. The credit services provider reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.11). The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1.02 billion. Western Union had a return on equity of 50.89% and a net margin of 9.79%.The firm's revenue for the quarter was down 1.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.37 EPS. Western Union has set its FY 2026 guidance at 1.250-1.350 EPS. As a group, equities research analysts expect that The Western Union Company will post 1.29 earnings per share for the current fiscal year.

Western Union Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be paid a dividend of $0.235 per share. This represents a $0.94 annualized dividend and a yield of 13.1%. The ex-dividend date of this dividend is Wednesday, September 16th. Western Union's dividend payout ratio is currently 76.42%.

Analyst Ratings Changes

Several brokerages have recently weighed in on WU. New Street Research reiterated a "reduce" rating on shares of Western Union in a research report on Thursday, August 13th. JPMorgan Chase & Co. dropped their price target on shares of Western Union from $9.00 to $8.00 and set an "underweight" rating for the company in a research report on Monday, July 13th. Morgan Stanley cut their price target on shares of Western Union from $7.00 to $6.00 and set an "underweight" rating for the company in a research note on Friday, July 31st. Susquehanna decreased their price objective on Western Union from $10.00 to $8.00 and set a "neutral" rating on the stock in a report on Friday, July 31st. Finally, Cantor Fitzgerald lowered their price objective on Western Union from $8.00 to $7.00 and set an "underweight" rating on the stock in a research note on Monday, August 3rd. Six investment analysts have rated the stock with a Hold rating and eight have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Strong Sell" and an average price target of $7.55.

About Western Union

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.

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