The Western Union Sees Unusually Large Options Volume (WU)

The Western Union Company (NYSE:WU) was the target of unusually large options trading on Monday. Stock investors purchased 11,954 call options on the stock. This is an increase of 1,690% compared to the typical daily volume of 668 call options.

In other news, EVP Jean Claude Farah sold 50,813 shares of the company’s stock in a transaction that occurred on Monday, January 8th. The stock was sold at an average price of $21.50, for a total transaction of $1,092,479.50. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Amintore Schenkel sold 15,600 shares of the company’s stock in a transaction that occurred on Monday, January 8th. The stock was sold at an average price of $21.99, for a total value of $343,044.00. The disclosure for this sale can be found here. Insiders have sold a total of 83,931 shares of company stock worth $1,794,643 over the last ninety days. Insiders own 1.10% of the company’s stock.

Institutional investors have recently made changes to their positions in the business. Fiduciary Trust Co. bought a new position in The Western Union in the 2nd quarter valued at $121,000. Capstone Investment Advisors Netherlands B.V. bought a new position in The Western Union in the 2nd quarter valued at $129,000. Pacer Advisors Inc. grew its position in The Western Union by 8.4% in the 2nd quarter. Pacer Advisors Inc. now owns 8,109 shares of the credit services provider’s stock valued at $154,000 after acquiring an additional 627 shares during the last quarter. Steward Partners Investment Advisory LLC bought a new position in The Western Union in the 3rd quarter valued at $186,000. Finally, Rehmann Capital Advisory Group bought a new position in The Western Union in the 3rd quarter valued at $198,000.

The Western Union (WU) opened at $21.23 on Thursday. The firm has a market capitalization of $9,750.00, a P/E ratio of 46.15, a PEG ratio of 1.92 and a beta of 1.00. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 4.98. The Western Union has a 12-month low of $18.39 and a 12-month high of $22.34.

The Western Union (NYSE:WU) last announced its quarterly earnings data on Thursday, November 2nd. The credit services provider reported $0.53 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.09. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.39 billion. The Western Union had a return on equity of 116.85% and a net margin of 3.83%. The Western Union’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.46 EPS. analysts forecast that The Western Union will post 1.83 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Monday, December 18th were given a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 3.30%. The ex-dividend date of this dividend was Friday, December 15th. The Western Union’s dividend payout ratio (DPR) is presently 152.17%.

Several equities analysts have recently weighed in on the company. Susquehanna Bancshares raised The Western Union from a “negative” rating to a “neutral” rating in a research report on Monday. UBS Group raised The Western Union to a “neutral” rating in a research report on Monday. Mizuho reissued a “sell” rating and set a $16.00 target price on shares of The Western Union in a research report on Sunday, October 15th. Jefferies Group reissued a “hold” rating and set a $19.00 target price on shares of The Western Union in a research report on Thursday, October 12th. Finally, ValuEngine raised The Western Union from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Seven analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $19.59.

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The Western Union Company Profile

The Western Union Company (Western Union) is a provider of money movement and payment services. The Company operates through three segments: Consumer-to-Consumer, Consumer-to-Business and Business Solutions. The Company’s Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents.

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