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 company’s stock in a transaction dated Tuesday, October 23rd. The stock was sold at an average price of $19.44, for a total value of $97,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • On Thursday, October 11th, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The stock was sold at an average price of $19.37, for a total value of $96,850.00.
  • On Tuesday, September 25th, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The stock was sold at an average price of $20.88, for a total value of $104,400.00.
  • On Wednesday, September 12th, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The stock was sold at an average price of $21.68, for a total value of $108,400.00.
  • On Tuesday, August 28th, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The stock was sold at an average price of $21.00, for a total value of $105,000.00.
  • On Thursday, August 16th, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The stock was sold at an average price of $21.22, for a total value of $106,100.00.
  • On Monday, July 30th, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The stock was sold at an average price of $19.26, for a total value of $96,300.00.

Shares of PennyMac Financial Services stock opened at $19.48 on Friday. PennyMac Financial Services Inc has a 12 month low of $18.05 and a 12 month high of $25.20. The company has a market cap of $491.23 million, a price-to-earnings ratio of 7.17, a PEG ratio of 0.79 and a beta of 0.55. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 1.27.



PennyMac Financial Services (NYSE:PFSI) last announced its earnings results on Thursday, August 2nd. The real estate investment trust reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.04. PennyMac Financial Services had a return on equity of 3.91% and a net margin of 11.03%. The business had revenue of $244.30 million during the quarter, compared to analysts’ expectations of $241.49 million. As a group, equities research analysts anticipate that PennyMac Financial Services Inc will post 2.48 EPS for the current fiscal year.

Institutional investors have recently made changes to their positions in the business. Tower Research Capital LLC TRC raised its holdings in shares of PennyMac Financial Services by 94.0% during the second quarter. Tower Research Capital LLC TRC now owns 12,425 shares of the real estate investment trust’s stock valued at $244,000 after acquiring an additional 6,020 shares during the last quarter. GSA Capital Partners LLP acquired a new position in shares of PennyMac Financial Services during the first quarter valued at approximately $252,000. MetLife Investment Advisors LLC raised its holdings in shares of PennyMac Financial Services by 75.5% during the second quarter. MetLife Investment Advisors LLC now owns 12,814 shares of the real estate investment trust’s stock valued at $252,000 after acquiring an additional 5,514 shares during the last quarter. Assetmark Inc. raised its holdings in shares of PennyMac Financial Services by 66.0% during the second quarter. Assetmark Inc. now owns 13,301 shares of the real estate investment trust’s stock valued at $261,000 after acquiring an additional 5,289 shares during the last quarter. Finally, Rhumbline Advisers raised its holdings in shares of PennyMac Financial Services by 28.4% during the second quarter. Rhumbline Advisers now owns 19,822 shares of the real estate investment trust’s stock valued at $390,000 after acquiring an additional 4,387 shares during the last quarter. 90.28% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts recently weighed in on the company. Compass Point reaffirmed a “hold” rating and issued a $23.00 price target on shares of PennyMac Financial Services in a report on Tuesday, August 7th. ValuEngine raised PennyMac Financial Services from a “hold” rating to a “buy” rating in a report on Friday, August 3rd. Barclays reduced their target price on PennyMac Financial Services from $24.00 to $23.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Zacks Investment Research cut PennyMac Financial Services from a “hold” rating to a “sell” rating in a report on Tuesday, October 16th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company’s stock. PennyMac Financial Services presently has an average rating of “Hold” and an average price target of $24.60.

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: Stock Ratings and Recommendations: Understanding Analyst Upgrades and Downgrades

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.

Leave a Reply