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 that occurred on Thursday, December 21st. The shares were sold at an average price of $22.04, for a total transaction of $110,200.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Thursday, January 4th, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The shares were sold at an average price of $23.82, for a total transaction of $119,100.00.
  • 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 (NYSE PFSI) opened at $23.40 on Friday. PennyMac Financial Services Inc has a 12-month low of $15.65 and a 12-month high of $24.00. 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 firm has a market cap of $544.94, a price-to-earnings ratio of 8.93, a PEG ratio of 1.59 and a beta of 0.68.

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 for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.71. PennyMac Financial Services had a net margin of 6.47% and a return on equity of 4.11%. The company had revenue of $250.64 million during the quarter, compared to analysts’ expectations of $238.59 million. PennyMac Financial Services’s revenue for the quarter was down 14.0% on a year-over-year basis. research analysts anticipate that PennyMac Financial Services Inc will post 2.29 EPS for the current year.

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

A number of large investors have recently bought and sold shares of the business. Alps Advisors Inc. grew its holdings 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 worth $462,000 after purchasing an additional 72 shares during the period. California State Teachers Retirement System grew its holdings 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 worth $470,000 after purchasing an additional 800 shares during the period. Strs Ohio grew its holdings 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 worth $646,000 after purchasing an additional 1,000 shares during the period. Victory Capital Management Inc. grew its holdings 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 worth $116,000 after purchasing an additional 1,042 shares during the period. Finally, Alliancebernstein L.P. grew its holdings in PennyMac Financial Services by 0.6% in the second quarter. Alliancebernstein L.P. now owns 176,645 shares of the real estate investment trust’s stock worth $2,950,000 after purchasing an additional 1,100 shares during the period. Institutional investors and hedge funds own 90.83% of the company’s stock.

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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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