Oxbow Advisors LLC Has $3.86 Million Stock Holdings in The Western Union Company (NYSE:WU)

Oxbow Advisors LLC cut its holdings in The Western Union Company (NYSE:WU) by 3.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 144,238 shares of the credit services provider’s stock after selling 4,575 shares during the quarter. Oxbow Advisors LLC’s holdings in The Western Union were worth $3,863,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of WU. DNB Asset Management AS lifted its stake in The Western Union by 91.3% in the 4th quarter. DNB Asset Management AS now owns 91,041 shares of the credit services provider’s stock valued at $2,438,000 after acquiring an additional 43,440 shares in the last quarter. Andra AP fonden lifted its stake in The Western Union by 27.0% in the 3rd quarter. Andra AP fonden now owns 400,200 shares of the credit services provider’s stock valued at $9,273,000 after acquiring an additional 85,100 shares in the last quarter. 6 Meridian lifted its stake in The Western Union by 2.0% in the 4th quarter. 6 Meridian now owns 25,736 shares of the credit services provider’s stock valued at $689,000 after acquiring an additional 497 shares in the last quarter. Squarepoint Ops LLC lifted its stake in The Western Union by 1,761.3% in the 3rd quarter. Squarepoint Ops LLC now owns 1,086,456 shares of the credit services provider’s stock valued at $25,173,000 after acquiring an additional 1,028,084 shares in the last quarter. Finally, California Public Employees Retirement System lifted its stake in The Western Union by 7.1% in the 3rd quarter. California Public Employees Retirement System now owns 3,733,524 shares of the credit services provider’s stock valued at $86,506,000 after acquiring an additional 248,390 shares in the last quarter.

Shares of The Western Union stock traded up $0.18 on Friday, reaching $26.24. 5,829,466 shares of the company were exchanged, compared to its average volume of 6,578,505. The Western Union Company has a one year low of $17.52 and a one year high of $28.44. The company has a market capitalization of $11.86 billion, a price-to-earnings ratio of 10.05, a PEG ratio of 0.93 and a beta of 0.78. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 101.99. The company has a 50-day moving average of $27.06 and a 200 day moving average of $24.93.

The Western Union (NYSE:WU) last announced its quarterly earnings data on Tuesday, February 11th. The credit services provider reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.05). The Western Union had a negative return on equity of 475.84% and a net margin of 21.07%. The company had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the prior year, the company earned $0.49 EPS. Analysts predict that The Western Union Company will post 1.77 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be paid a dividend of $0.225 per share. The ex-dividend date is Monday, March 16th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 3.43%. This is a boost from The Western Union’s previous quarterly dividend of $0.20. The Western Union’s dividend payout ratio is currently 41.67%.

Several equities research analysts have commented on the company. Guggenheim cut The Western Union from a “buy” rating to a “neutral” rating in a research note on Tuesday, November 12th. They noted that the move was a valuation call. Deutsche Bank set a $25.00 target price on The Western Union and gave the company a “hold” rating in a research note on Friday, November 1st. Bank of America set a $21.00 target price on The Western Union and gave the company a “sell” rating in a research note on Friday, November 1st. Morgan Stanley set a $20.00 target price on The Western Union and gave the company a “sell” rating in a research note on Friday, November 1st. Finally, Wolfe Research set a $24.00 target price on The Western Union and gave the company a “sell” rating in a research note on Friday, November 1st. Eight equities research analysts have rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company. The Western Union has a consensus rating of “Hold” and a consensus target price of $24.81.

In related news, Director Roberto G. Mendoza sold 26,504 shares of the business’s stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $26.94, for a total transaction of $714,017.76. Following the transaction, the director now directly owns 94,334 shares of the company’s stock, valued at approximately $2,541,357.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Caroline Tsai sold 2,417 shares of the business’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $26.87, for a total value of $64,944.79. Following the transaction, the insider now directly owns 55,360 shares in the company, valued at $1,487,523.20. The disclosure for this sale can be found here. In the last quarter, insiders have sold 53,474 shares of company stock worth $1,440,420. Company insiders own 1.33% of the company’s stock.

The Western Union Profile

The Western Union Company provides money movement and payment services worldwide. The company operates in two segments, Consumer-to-Consumer and Business Solutions. The Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents. This segment offers international cross-border transfers and intra-country transfers, as well as money transfer transactions through Websites and mobile devices.

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

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