Anne Mccallion Sells 5,000 Shares of PennyMac Financial Services Inc (PFSI) Stock

PennyMac Financial Services Inc (NYSE:PFSI) insider Anne Mccallion sold 5,000 shares of the 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 Securities & Exchange Commission, which is available 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.

PennyMac Financial Services Inc (NYSE PFSI) opened at $23.25 on Wednesday. The company has a market cap of $541.46, a PE ratio of 12.11, a PEG ratio of 1.62 and a beta of 0.68. PennyMac Financial Services Inc has a 1-year low of $15.65 and a 1-year high of $24.00. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 1.66.

PennyMac Financial Services (NYSE:PFSI) last released its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.71 EPS for the quarter, hitting analysts’ consensus estimates of $0.71. The company had revenue of $250.64 million during 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 revenue was down 14.0% compared to the same quarter last year. research analysts anticipate that PennyMac Financial Services Inc will post 2.29 earnings per share for the current fiscal year.

PFSI has been the subject of a number of research reports. Piper Jaffray Companies reissued a “buy” rating on shares of PennyMac Financial Services in a report on Tuesday, September 19th. BidaskClub raised shares of PennyMac Financial Services from a “sell” rating to a “hold” rating in a report on Wednesday, September 27th. Zacks Investment Research raised shares of PennyMac Financial Services from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 17th. ValuEngine raised shares of PennyMac Financial Services from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 15th. Finally, Barclays set a $25.00 price objective on shares of PennyMac Financial Services and gave the stock a “buy” rating in a report on Tuesday, December 12th. Three research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $23.75.

Several large investors have recently added to or reduced their stakes in PFSI. Mangrove Partners acquired a new stake in shares of PennyMac Financial Services during the 3rd quarter worth about $12,760,000. PEAK6 Investments L.P. acquired a new stake in shares of PennyMac Financial Services during the 3rd quarter worth about $248,000. Dimensional Fund Advisors LP increased its position in shares of PennyMac Financial Services by 17.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 625,742 shares of the real estate investment trust’s stock worth $11,138,000 after purchasing an additional 93,918 shares in the last quarter. Nordea Investment Management AB increased its position in shares of PennyMac Financial Services by 2.8% during the 3rd quarter. Nordea Investment Management AB now owns 146,700 shares of the real estate investment trust’s stock worth $2,611,000 after purchasing an additional 4,000 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new stake in shares of PennyMac Financial Services during the 3rd quarter worth about $264,000. 90.83% of the stock is owned by institutional investors.

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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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