PennyMac Financial Services Inc. (NYSE:PFSI) CFO Anne Mccallion sold 5,000 shares of the firm’s stock in a transaction on Wednesday, October 12th. The shares were sold at an average price of $16.14, for a total transaction of $80,700.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Anne Mccallion also recently made the following trade(s):

  • On Wednesday, September 28th, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The shares were sold at an average price of $16.90, for a total transaction of $84,500.00.
  • On Thursday, September 15th, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The shares were sold at an average price of $17.64, for a total transaction of $88,200.00.
  • On Friday, August 26th, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The shares were sold at an average price of $16.24, for a total transaction of $81,200.00.
  • On Thursday, August 18th, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The shares were sold at an average price of $16.24, for a total transaction of $81,200.00.

Shares of PennyMac Financial Services Inc. (NYSE:PFSI) opened at 16.24 on Monday. The stock’s 50 day moving average price is $16.82 and its 200 day moving average price is $14.18. The company has a market capitalization of $360.41 million, a P/E ratio of 7.91 and a beta of 0.58. PennyMac Financial Services Inc. has a 52-week low of $10.48 and a 52-week high of $18.13.

PennyMac Financial Services (NYSE:PFSI) last posted its quarterly earnings data on Wednesday, August 3rd. The real estate investment trust reported $0.65 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.58 by $0.07. PennyMac Financial Services had a return on equity of 4.30% and a net margin of 6.20%. The firm earned $207.81 million during the quarter, compared to the consensus estimate of $196.53 million. During the same period in the prior year, the company earned $0.59 EPS. The firm’s revenue was up 5.8% compared to the same quarter last year. On average, equities research analysts forecast that PennyMac Financial Services Inc. will post $2.47 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for PennyMac Financial Services (NYSE:PFSI)

A number of hedge funds and other institutional investors have recently bought and sold shares of PFSI. California State Teachers Retirement System increased its position in PennyMac Financial Services by 1.7% in the second quarter. California State Teachers Retirement System now owns 28,526 shares of the real estate investment trust’s stock valued at $356,000 after buying an additional 478 shares in the last quarter. Geode Capital Management LLC increased its position in PennyMac Financial Services by 0.6% in the first quarter. Geode Capital Management LLC now owns 124,421 shares of the real estate investment trust’s stock valued at $1,463,000 after buying an additional 745 shares in the last quarter. Teachers Advisors Inc. increased its position in PennyMac Financial Services by 7.7% in the second quarter. Teachers Advisors Inc. now owns 20,232 shares of the real estate investment trust’s stock valued at $253,000 after buying an additional 1,447 shares in the last quarter. Bank of New York Mellon Corp increased its position in PennyMac Financial Services by 2.4% in the second quarter. Bank of New York Mellon Corp now owns 80,262 shares of the real estate investment trust’s stock valued at $1,003,000 after buying an additional 1,853 shares in the last quarter. Finally, Parametric Portfolio Associates LLC increased its position in PennyMac Financial Services by 17.4% in the second quarter. Parametric Portfolio Associates LLC now owns 20,649 shares of the real estate investment trust’s stock valued at $258,000 after buying an additional 3,053 shares in the last quarter. 92.45% of the stock is owned by hedge funds and other institutional investors.

A number of research analysts recently weighed in on the stock. Zacks Investment Research lowered shares of PennyMac Financial Services from a “buy” rating to a “hold” rating in a report on Thursday, July 28th. Bank of America Corp. raised shares of PennyMac Financial Services from a “neutral” rating to a “buy” rating in a research note on Tuesday, July 12th. JPMorgan Chase & Co. lifted their price objective on shares of PennyMac Financial Services from $14.00 to $16.50 and gave the stock a “neutral” rating in a research note on Friday, August 5th. Citigroup Inc. lifted their price objective on shares of PennyMac Financial Services from $15.00 to $16.00 and gave the stock a “buy” rating in a research note on Thursday, August 4th. Finally, Keefe, Bruyette & Woods set a $18.00 price objective on shares of PennyMac Financial Services and gave the stock a “buy” rating in a research note on Friday, August 5th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $17.94.

PennyMac Financial Services Company Profile

PennyMac Financial Services, Inc (PFSI) is a financial services company. The Company is focused on the production and servicing of the United States residential mortgage loans and the management of investments related to the United States mortgage market. It operates through three segments: loan production, loan servicing and investment management.

5 Day Chart for NYSE:PFSI

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