PennyMac Financial Services Inc (NYSE:PFSI) insider Anne Mccallion sold 5,000 shares of the business’s stock in a transaction on Thursday, January 4th. The shares were sold at an average price of $23.82, for a total transaction of $119,100.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

  • On Thursday, December 21st, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The shares were sold at an average price of $22.04, for a total transaction of $110,200.00.
  • On Thursday, December 7th, Anne Mccallion sold 10,000 shares of PennyMac Financial Services stock. The shares were sold at an average price of $21.58, for a total transaction of $215,800.00.
  • On Wednesday, November 22nd, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The shares were sold at an average price of $19.76, for a total transaction of $98,800.00.
  • On Friday, November 10th, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The shares were sold at an average price of $18.50, for a total transaction of $92,500.00.

Shares of PennyMac Financial Services Inc (PFSI) opened at $22.80 on Thursday. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.16 and a current ratio of 0.16. The company has a market cap of $530.98, a price-to-earnings ratio of 11.88, a price-to-earnings-growth ratio of 1.62 and a beta of 0.68. PennyMac Financial Services Inc has a one year low of $15.65 and a one year high of $24.00.

PennyMac Financial Services (NYSE:PFSI) last posted its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.71 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.71. The firm had revenue of $250.64 million for the quarter, compared to the consensus estimate of $238.59 million. PennyMac Financial Services had a net margin of 6.47% and a return on equity of 4.11%. PennyMac Financial Services’s quarterly revenue was down 14.0% compared to the same quarter last year. equities research analysts forecast that PennyMac Financial Services Inc will post 2.29 earnings per share for the current fiscal year.

A number of brokerages have commented on PFSI. Zacks Investment Research upgraded shares of PennyMac Financial Services from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 17th. Keefe, Bruyette & Woods lowered shares of PennyMac Financial Services from an “outperform” rating to a “market perform” rating in a research note on Monday. BidaskClub upgraded shares of PennyMac Financial Services from a “sell” rating to a “hold” rating in a research note on Wednesday, September 27th. Piper Jaffray Companies restated a “buy” rating on shares of PennyMac Financial Services in a research note on Tuesday, September 19th. Finally, Barclays set a $25.00 price target on shares of PennyMac Financial Services and gave the company a “buy” rating in a research note on Tuesday, December 12th. Three research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. PennyMac Financial Services has an average rating of “Buy” and a consensus price target of $23.75.

Institutional investors and hedge funds have recently bought and sold shares of the business. Citigroup Inc. boosted its holdings in PennyMac Financial Services by 1,652.1% during the 2nd quarter. Citigroup Inc. now owns 6,150 shares of the real estate investment trust’s stock worth $103,000 after acquiring an additional 5,799 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in PennyMac Financial Services by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 6,964 shares of the real estate investment trust’s stock worth $116,000 after acquiring an additional 1,042 shares during the last quarter. Voya Investment Management LLC purchased a new position in PennyMac Financial Services during the 2nd quarter worth $174,000. The Manufacturers Life Insurance Company boosted its holdings in PennyMac Financial Services by 11.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,732 shares of the real estate investment trust’s stock worth $213,000 after acquiring an additional 1,312 shares during the last quarter. Finally, Cubist Systematic Strategies LLC boosted its holdings in PennyMac Financial Services by 23.6% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 13,025 shares of the real estate investment trust’s stock worth $218,000 after acquiring an additional 2,489 shares during the last quarter. 90.83% of the stock is currently owned by hedge funds and other institutional investors.

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About PennyMac Financial Services

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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