Darwin Wealth Management LLC Sells 1,247 Shares of The Western Union Company (NYSE:WU)

Darwin Wealth Management LLC reduced its stake in shares of The Western Union Company (NYSE:WU) by 6.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,132 shares of the credit services provider’s stock after selling 1,247 shares during the quarter. Darwin Wealth Management LLC’s holdings in Western Union were worth $204,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of WU. Private Advisor Group LLC acquired a new position in Western Union in the fourth quarter valued at approximately $402,000. Axxcess Wealth Management LLC acquired a new position in Western Union in the fourth quarter valued at approximately $300,000. LSV Asset Management lifted its holdings in Western Union by 2.0% in the fourth quarter. LSV Asset Management now owns 8,087,155 shares of the credit services provider’s stock valued at $96,399,000 after buying an additional 160,735 shares during the period. Essex Financial Services Inc. lifted its holdings in Western Union by 8.3% in the fourth quarter. Essex Financial Services Inc. now owns 33,381 shares of the credit services provider’s stock valued at $398,000 after buying an additional 2,551 shares during the period. Finally, Victory Capital Management Inc. lifted its holdings in Western Union by 1.3% in the fourth quarter. Victory Capital Management Inc. now owns 948,462 shares of the credit services provider’s stock valued at $11,306,000 after buying an additional 11,720 shares during the period. 91.81% of the stock is owned by institutional investors.

Western Union Stock Down 0.7 %

Western Union stock traded down $0.09 during mid-day trading on Thursday, reaching $13.28. The company’s stock had a trading volume of 1,962,401 shares, compared to its average volume of 4,339,499. The company has a market capitalization of $4.49 billion, a price-to-earnings ratio of 7.86, a price-to-earnings-growth ratio of 1.99 and a beta of 0.84. The Western Union Company has a 12 month low of $10.92 and a 12 month high of $14.19. The business’s 50 day simple moving average is $13.49 and its 200 day simple moving average is $12.62. The company has a debt-to-equity ratio of 6.38, a quick ratio of 1.01 and a current ratio of 1.01.

Western Union (NYSE:WU) last released its earnings results on Wednesday, April 24th. The credit services provider reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.05. Western Union had a net margin of 14.12% and a return on equity of 120.76%. The business had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter last year, the firm earned $0.43 earnings per share. The firm’s revenue for the quarter was up 1.2% compared to the same quarter last year. As a group, research analysts anticipate that The Western Union Company will post 1.77 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts recently weighed in on WU shares. JPMorgan Chase & Co. increased their price objective on shares of Western Union from $13.00 to $14.00 and gave the company an “underweight” rating in a report on Thursday, April 25th. Barclays increased their target price on shares of Western Union from $10.00 to $11.00 and gave the stock an “underweight” rating in a report on Monday, February 12th. William Blair reiterated a “market perform” rating on shares of Western Union in a report on Wednesday, February 7th. Evercore ISI increased their target price on shares of Western Union from $14.00 to $15.00 and gave the stock an “in-line” rating in a report on Thursday, April 25th. Finally, Monness Crespi & Hardt initiated coverage on shares of Western Union in a report on Wednesday, March 20th. They issued a “neutral” rating on the stock. Three analysts have rated the stock with a sell rating and nine have given a hold rating to the company. According to MarketBeat.com, Western Union has an average rating of “Hold” and a consensus target price of $13.61.

Insider Activity

In related news, Director Timothy P. Murphy bought 10,000 shares of Western Union stock in a transaction that occurred on Monday, February 26th. The stock was acquired at an average price of $12.85 per share, with a total value of $128,500.00. Following the acquisition, the director now owns 56,205 shares of the company’s stock, valued at approximately $722,234.25. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.85% of the company’s stock.

Western Union Company 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.