PennyMac Financial Services Inc (NYSE:PFSI) Director Anne Mccallion Sells 5,000 Shares

Share on StockTwits

PennyMac Financial Services Inc (NYSE:PFSI) Director Anne Mccallion sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $33.82, for a total value of $169,100.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Tuesday, November 19th, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The stock was sold at an average price of $33.47, for a total value of $167,350.00.
  • On Tuesday, November 5th, Anne Mccallion sold 10,000 shares of PennyMac Financial Services stock. The stock was sold at an average price of $30.74, for a total value of $307,400.00.
  • On Thursday, October 24th, Anne Mccallion sold 10,000 shares of PennyMac Financial Services stock. The stock was sold at an average price of $31.21, for a total value of $312,100.00.
  • On Wednesday, October 9th, Anne Mccallion sold 10,000 shares of PennyMac Financial Services stock. The stock was sold at an average price of $31.44, for a total value of $314,400.00.
  • On Tuesday, September 24th, Anne Mccallion sold 10,000 shares of PennyMac Financial Services stock. The stock was sold at an average price of $31.37, for a total value of $313,700.00.

Shares of PFSI stock traded down $0.28 during trading hours on Monday, reaching $33.61. 7,431 shares of the company’s stock were exchanged, compared to its average volume of 302,236. PennyMac Financial Services Inc has a fifty-two week low of $19.55 and a fifty-two week high of $34.74. The stock has a market capitalization of $2.66 billion, a P/E ratio of 12.99, a P/E/G ratio of 0.75 and a beta of 0.40. The business has a fifty day moving average price of $32.42 and a 200-day moving average price of $27.57. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 2.18.

PennyMac Financial Services (NYSE:PFSI) last issued its quarterly earnings results on Thursday, October 31st. The real estate investment trust reported $1.51 EPS for the quarter, topping analysts’ consensus estimates of $1.25 by $0.26. PennyMac Financial Services had a return on equity of 15.84% and a net margin of 22.54%. The company had revenue of $436.35 million during the quarter, compared to analyst estimates of $368.20 million. As a group, research analysts expect that PennyMac Financial Services Inc will post 4.51 EPS for the current fiscal year.

The company also recently announced a dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were paid a $0.12 dividend. The ex-dividend date of this dividend was Thursday, November 14th. PennyMac Financial Services’s payout ratio is 18.53%.

PFSI has been the subject of several analyst reports. ValuEngine upgraded PennyMac Financial Services from a “strong sell” rating to a “sell” rating in a report on Tuesday, November 19th. Credit Suisse Group boosted their target price on PennyMac Financial Services from $24.00 to $29.00 and gave the stock a “neutral” rating in a report on Wednesday, August 21st. TheStreet upgraded PennyMac Financial Services from a “c+” rating to a “b+” rating in a report on Wednesday, August 14th. Wells Fargo & Co upgraded PennyMac Financial Services from a “market perform” rating to an “outperform” rating and set a $35.00 target price for the company in a report on Thursday, September 5th. Finally, Piper Jaffray Companies upped their price target on PennyMac Financial Services from $42.00 to $44.00 and gave the stock an “overweight” rating in a report on Tuesday, November 19th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $34.50.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Point72 Hong Kong Ltd raised its stake in shares of PennyMac Financial Services by 179.2% in the second quarter. Point72 Hong Kong Ltd now owns 2,010 shares of the real estate investment trust’s stock valued at $45,000 after purchasing an additional 1,290 shares in the last quarter. Bank of Montreal Can raised its stake in shares of PennyMac Financial Services by 490.0% in the second quarter. Bank of Montreal Can now owns 2,602 shares of the real estate investment trust’s stock valued at $58,000 after purchasing an additional 2,161 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of PennyMac Financial Services in the second quarter valued at $65,000. SG Americas Securities LLC acquired a new position in shares of PennyMac Financial Services in the second quarter valued at $102,000. Finally, BNP Paribas Arbitrage SA acquired a new position in shares of PennyMac Financial Services in the second quarter valued at $107,000. Institutional investors and hedge funds own 50.84% of the company’s stock.

PennyMac Financial Services Company Profile

PennyMac Financial Services, Inc, through its subsidiaries, engages in the mortgage banking and investment management activities in the United States. It operates through three segments: Loan Production, Loan Servicing, and Investment Management. The Loan Production segment is involved in the origination, acquisition, and sale of mortgage loans.

Featured Article: What is the QQQ ETF?

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

Receive News & Ratings for PennyMac Financial Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PennyMac Financial Services and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Deutsche Bank Increases Kimberly Clark  Price Target to $132.00
Deutsche Bank Increases Kimberly Clark Price Target to $132.00
Analysts Set Edwards Lifesciences Corp  Target Price at $239.42
Analysts Set Edwards Lifesciences Corp Target Price at $239.42
Allegiant Travel  Receives $177.73 Average Price Target from Brokerages
Allegiant Travel Receives $177.73 Average Price Target from Brokerages
Carrizo Oil & Gas Inc  Receives $12.81 Consensus PT from Analysts
Carrizo Oil & Gas Inc Receives $12.81 Consensus PT from Analysts
eBay Inc  Shares Acquired by Dowling & Yahnke LLC
eBay Inc Shares Acquired by Dowling & Yahnke LLC
Dowling & Yahnke LLC Sells 850 Shares of iShares MSCI Emerging Markets ETF
Dowling & Yahnke LLC Sells 850 Shares of iShares MSCI Emerging Markets ETF


© 2006-2020 Ticker Report