PennyMac Financial Services, Inc. (NYSE:PFSI) insider Anne Mccallion sold 5,000 shares of the company’s stock in a transaction on Wednesday, September 6th. The shares were sold at an average price of $16.81, for a total transaction of $84,050.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Friday, August 11th, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The shares were sold at an average price of $16.95, for a total transaction of $84,750.00.
  • On Wednesday, July 26th, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The shares were sold at an average price of $17.57, for a total transaction of $87,850.00.
  • On Thursday, July 6th, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The shares were sold at an average price of $16.77, for a total transaction of $83,850.00.
  • On Thursday, June 22nd, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The shares were sold at an average price of $17.25, for a total transaction of $86,250.00.

Shares of PennyMac Financial Services, Inc. (PFSI) traded up 0.90% during trading on Friday, reaching $16.85. 170,724 shares of the company’s stock were exchanged. The stock has a market capitalization of $396.14 million, a PE ratio of 5.70 and a beta of 0.61. The company’s 50-day moving average is $17.20 and its 200 day moving average is $16.94. PennyMac Financial Services, Inc. has a 52 week low of $15.65 and a 52 week high of $19.35.

PennyMac Financial Services (NYSE:PFSI) last posted its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by $0.22. The company had revenue of $201.72 million during the quarter, compared to the consensus estimate of $181.89 million. PennyMac Financial Services had a net margin of 6.87% and a return on equity of 4.79%. On average, analysts forecast that PennyMac Financial Services, Inc. will post $2.64 earnings per share for the current year.

PennyMac Financial Services announced that its board has initiated a share repurchase plan on Wednesday, June 21st that authorizes the company to repurchase $50.00 million in outstanding shares. This repurchase authorization authorizes the real estate investment trust to repurchase up to 137% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

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Several analysts recently commented on PFSI shares. TheStreet downgraded shares of PennyMac Financial Services from a “b-” rating to a “c+” rating in a research report on Friday, June 2nd. ValuEngine upgraded shares of PennyMac Financial Services from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 23rd. Finally, Zacks Investment Research downgraded shares of PennyMac Financial Services from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the stock. PennyMac Financial Services has a consensus rating of “Buy” and an average target price of $19.86.

A number of hedge funds have recently bought and sold shares of the business. Alps Advisors Inc. lifted its stake in PennyMac Financial Services by 0.3% in the second quarter. Alps Advisors Inc. now owns 27,680 shares of the real estate investment trust’s stock valued at $462,000 after buying an additional 72 shares during the last quarter. American International Group Inc. lifted its stake in PennyMac Financial Services by 7.2% in the first quarter. American International Group Inc. now owns 8,384 shares of the real estate investment trust’s stock valued at $143,000 after buying an additional 562 shares during the last quarter. California State Teachers Retirement System lifted its stake in PennyMac Financial Services by 2.9% in the second quarter. California State Teachers Retirement System now owns 28,126 shares of the real estate investment trust’s stock valued at $470,000 after buying an additional 800 shares during the last quarter. Strs Ohio lifted its stake in PennyMac Financial Services by 2.7% in the second quarter. Strs Ohio now owns 38,700 shares of the real estate investment trust’s stock valued at $646,000 after buying an additional 1,000 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its stake in PennyMac Financial Services by 17.6% in the second quarter. Victory Capital Management Inc. now owns 6,964 shares of the real estate investment trust’s stock valued at $116,000 after buying an additional 1,042 shares during the last quarter. Institutional investors own 86.57% of the company’s stock.

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. The Company operates through three segments: loan production, loan servicing and investment management.

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

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