with a 160+ year history of connecting people when it matters most, western union continues to shape the world in which we live. western union offers one of the easiest ways for families, friends and businesses to send money and stay connected almost anywhere in the world. it all comes down to the relationships we’ve established over many years. together with our agents, we speak our consumers’ languages and live in our consumers’ neighborhoods. and we share our consumers’ cultures. we are a significant part of each other’s lives. as a result, our agents and employees are more like ambassadors. they are ambassadors of trust. ambassadors of responsibility. and ambassadors of hope. they are the living, breathing manifestation of who we are as a company and everything we stand for. we are inspired, driven, responsible, connected, and game-changers. and we're moving forward with other new ventures too! western union has launched wu digital in san francisco, ca. this technology-driven divis
Company profile
Ticker
WU
Exchange
Website
CEO
Hikmet Ersek
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
American Rapid Corporation • Banco Western Union do Brasil S.A. • Custom House ULC • First Financial Management Corporation • Global Collection Services, S.A. • Grupo Dinámico Empresarial, S.A. de C.V. • MT Caribbean Holdings SRL • MT Financial Holdings SrL • MT International LLC • MT International Operations SrL ...
IRS number
204531180
WU stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
9 Apr 24
ARS
2023 FY
Annual report to shareholders
2 Apr 24
DEFA14A
Additional proxy soliciting materials
2 Apr 24
DEF 14A
Definitive proxy
2 Apr 24
10-K
2023 FY
Annual report
22 Feb 24
8-K
Western Union Reports Fourth Quarter and Full Year 2023 Results
6 Feb 24
8-K
Western Union Appoints Finance Executive Julie Cameron-Doe to its
12 Dec 23
8-K
Entry into a Material Definitive Agreement
4 Dec 23
8-K
Departure of Directors or Certain Officers
21 Nov 23
8-K
Western Union Reports Third Quarter 2023 Results
25 Oct 23
Transcripts
WU
Earnings call transcript
2023 Q4
6 Feb 24
WU
Earnings call transcript
2023 Q3
25 Oct 23
WU
Earnings call transcript
2023 Q2
26 Jul 23
WU
Earnings call transcript
2023 Q1
2 May 23
WU
Earnings call transcript
2022 Q4
7 Feb 23
WU
Earnings call transcript
2022 Q3
2 Nov 22
WU
Earnings call transcript
2022 Q2
4 Aug 22
WU
Earnings call transcript
2022 Q1
28 Apr 22
WU
Earnings call transcript
2021 Q4
11 Feb 22
WU
Earnings call transcript
2021 Q3
3 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.16 bn | 1.16 bn | 1.16 bn | 1.16 bn | 1.16 bn | 1.16 bn |
Cash burn (monthly) | 151.87 mm | 5.42 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.01 bn | 36.06 mm | n/a | n/a | n/a | n/a |
Cash remaining | 153.81 mm | 1.13 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 1.0 | 207.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
95.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 424 |
Opened positions | 45 |
Closed positions | 70 |
Increased positions | 136 |
Reduced positions | 169 |
13F shares | Current |
---|---|
Total value | 4.26 tn |
Total shares | 324.14 mm |
Total puts | 883.85 k |
Total calls | 1.76 mm |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 41.38 mm | $545.44 bn |
BLK Blackrock | 37.85 mm | $498.91 bn |
Capital Research Global Investors | 19.13 mm | $252.16 bn |
Jupiter Asset Management | 17.85 mm | $235.32 bn |
STT State Street | 13.33 mm | $175.63 bn |
Aqr Capital Management | 11.50 mm | $151.55 bn |
Millennium Management | 11.43 mm | $150.60 bn |
Citadel Advisors | 9.88 mm | $130.26 bn |
Charles Schwab Investment Management | 9.88 mm | $130.25 bn |
LSV Asset Management | 7.93 mm | $104.31 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
26 Feb 24 | Michael Miles | Director Stock Option Common Stock | Grant | Acquire A | No | No | 12.8 | 223,778 | 2.86 mm | 223,778 |
26 Feb 24 | Jan Siegmund | Common Stock | Grant | Acquire A | No | No | 0 | 15,625 | 0.00 | 46,276 |
26 Feb 24 | Angela Sun | Common Stock | Grant | Acquire A | No | No | 0 | 15,625 | 0.00 | 56,592 |
26 Feb 24 | Timothy P. Murphy | Common Stock | Buy | Acquire P | No | No | 12.8499 | 10,000 | 128.50 k | 56,205 |
26 Feb 24 | Timothy P. Murphy | Common Stock | Grant | Acquire A | No | No | 0 | 15,625 | 0.00 | 46,205 |
26 Feb 24 | Solomon D Trujillo | Common Stock | Grant | Acquire A | No | No | 0 | 7,813 | 0.00 | 55,137 |
26 Feb 24 | Solomon D Trujillo | Director Stock Option Common Stock | Grant | Acquire A | No | No | 12.8 | 69,931 | 895.12 k | 69,931 |
News
Evercore ISI Group Maintains In-Line on Western Union, Raises Price Target to $14
26 Mar 24
Wall Street's Most Accurate Analysts Say Hold These 3 Financial Stocks Delivering High-Dividend Yields
26 Mar 24
Monness, Crespi, Hardt Initiates Coverage On Western Union with Neutral Rating
20 Mar 24
Wall Street's Most Accurate Analysts Say Hold These 3 Financial Stocks With Over 6% Dividend Yields
12 Mar 24
Visa And Western Union Announce Expanded Collaboration, Under The New Deal, Western Union Customers Will Be Able To Send Money To Their Family And Friends' Eligible Visa Cards And Bank Accounts In 40 Countries Across Five Regions
5 Mar 24
Press releases
Western Union to Release First Quarter 2024 Results on April 24
10 Apr 24
CEO Devin McGranahan Selects Western Union Scholar of the Year
12 Mar 24
Western Union to Present at the Citi FinTech Conference on February 27
22 Feb 24
BanCoppel Teams With Western Union to Receive Remittances Using Mobile App
13 Feb 24
Western Union to Release Fourth Quarter and Full Year 2023 Results on February 6
23 Jan 24