Robeco Institutional Asset Management B.V. Sells 132,856 Shares of The Western Union Company (NYSE:WU)

Robeco Institutional Asset Management B.V. decreased its position in The Western Union Company (NYSE:WU - Free Report) by 16.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 662,311 shares of the credit services provider's stock after selling 132,856 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.20% of Western Union worth $7,007,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of WU. Vanguard Group Inc. lifted its position in shares of Western Union by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 38,055,661 shares of the credit services provider's stock valued at $403,390,000 after buying an additional 317,711 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in Western Union by 18.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 28,983,265 shares of the credit services provider's stock valued at $307,224,000 after purchasing an additional 4,426,126 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in Western Union by 4.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 12,489,079 shares of the credit services provider's stock worth $132,384,000 after purchasing an additional 549,931 shares during the period. AQR Capital Management LLC increased its stake in shares of Western Union by 39.0% in the fourth quarter. AQR Capital Management LLC now owns 11,206,431 shares of the credit services provider's stock worth $118,788,000 after purchasing an additional 3,146,395 shares in the last quarter. Finally, Schroder Investment Management Group raised its position in shares of Western Union by 32.1% in the fourth quarter. Schroder Investment Management Group now owns 9,021,308 shares of the credit services provider's stock valued at $95,626,000 after purchasing an additional 2,194,403 shares during the period. 91.81% of the stock is owned by institutional investors.

Western Union Price Performance

WU traded down $0.11 on Thursday, reaching $8.62. The company had a trading volume of 4,714,125 shares, compared to its average volume of 5,554,561. The Western Union Company has a 52-week low of $8.29 and a 52-week high of $13.12. The company has a market cap of $2.85 billion, a price-to-earnings ratio of 3.22, a P/E/G ratio of 1.42 and a beta of 0.65. The company has a debt-to-equity ratio of 2.97, a quick ratio of 1.15 and a current ratio of 1.15. The business has a 50 day simple moving average of $9.32 and a 200 day simple moving average of $10.07.

Western Union (NYSE:WU - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The credit services provider reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.01. Western Union had a net margin of 22.08% and a return on equity of 77.19%. The firm had revenue of $983.60 million for the quarter, compared to analysts' expectations of $1.01 billion. During the same quarter last year, the company posted $0.45 EPS. The business's quarterly revenue was down 6.2% on a year-over-year basis. As a group, sell-side analysts anticipate that The Western Union Company will post 1.79 EPS for the current year.

Western Union Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 16th were given a dividend of $0.235 per share. The ex-dividend date was Monday, June 16th. This represents a $0.94 annualized dividend and a dividend yield of 10.90%. Western Union's dividend payout ratio (DPR) is presently 35.07%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on WU. Oppenheimer began coverage on shares of Western Union in a report on Monday, June 2nd. They issued a "market perform" rating for the company. Royal Bank Of Canada cut their price target on Western Union from $14.00 to $13.00 and set a "sector perform" rating for the company in a report on Thursday, April 24th. Susquehanna reduced their price target on Western Union from $12.00 to $11.00 and set a "neutral" rating for the company in a research report on Thursday, April 24th. UBS Group reissued a "neutral" rating and set a $10.50 price objective (down previously from $11.00) on shares of Western Union in a report on Thursday, April 24th. Finally, JMP Securities reaffirmed a "market perform" rating on shares of Western Union in a report on Thursday, April 24th. Four analysts have rated the stock with a sell rating and eight have given a hold rating to the stock. According to data from MarketBeat, Western Union currently has a consensus rating of "Hold" and an average price target of $10.78.

Western Union 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.