PennyMac Financial Services Inc (NYSE:PFSI) Director Matthew Botein sold 10,000 shares of the stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $21.10, for a total transaction of $211,000.00. Following the completion of the sale, the director now owns 34,741 shares of the company’s stock, valued at approximately $733,035.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Matthew Botein also recently made the following trade(s):

  • On Thursday, February 1st, Matthew Botein sold 10,000 shares of PennyMac Financial Services stock. The shares were sold at an average price of $22.44, for a total transaction of $224,400.00.
  • On Thursday, January 25th, Matthew Botein sold 10,000 shares of PennyMac Financial Services stock. The shares were sold at an average price of $22.91, for a total transaction of $229,100.00.
  • On Thursday, January 11th, Matthew Botein sold 10,000 shares of PennyMac Financial Services stock. The shares were sold at an average price of $22.71, for a total transaction of $227,100.00.
  • On Thursday, January 4th, Matthew Botein sold 10,000 shares of PennyMac Financial Services stock. The shares were sold at an average price of $23.79, for a total transaction of $237,900.00.
  • On Thursday, December 28th, Matthew Botein sold 10,000 shares of PennyMac Financial Services stock. The shares were sold at an average price of $22.17, for a total transaction of $221,700.00.
  • On Thursday, December 28th, Matthew Botein sold 10,000 shares of PennyMac Financial Services stock. The stock was sold at an average price of $22.17, for a total transaction of $221,700.00.
  • On Thursday, December 21st, Matthew Botein sold 10,000 shares of PennyMac Financial Services stock. The stock was sold at an average price of $22.05, for a total transaction of $220,500.00.

PennyMac Financial Services Inc (NYSE:PFSI) opened at $22.40 on Wednesday. The company has a market cap of $514.68, a PE ratio of 5.50, a price-to-earnings-growth ratio of 1.40 and a beta of 0.64. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.16 and a current ratio of 0.16. 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 announced its quarterly earnings results on Thursday, February 8th. The real estate investment trust reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.02). The business had revenue of $298.63 million for the quarter, compared to the consensus estimate of $238.86 million. PennyMac Financial Services had a return on equity of 3.62% and a net margin of 10.55%. The firm’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.00 EPS. equities analysts expect that PennyMac Financial Services Inc will post 3.13 EPS for the current year.

PFSI has been the subject of a number of analyst reports. Barclays set a $25.00 price target on shares of PennyMac Financial Services and gave the stock a “buy” rating in a research note on Tuesday, December 12th. ValuEngine upgraded shares of PennyMac Financial Services from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 15th. Zacks Investment Research upgraded shares of PennyMac Financial Services from a “hold” rating to a “buy” rating and set a $25.00 price target for the company in a research note on Tuesday, December 26th. Finally, Keefe, Bruyette & Woods cut shares of PennyMac Financial Services from an “outperform” rating to a “market perform” rating in a research note on Monday, January 8th. One research analyst has rated the stock with a sell rating, two have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. PennyMac Financial Services has a consensus rating of “Buy” and an average target price of $24.00.

Several hedge funds and other institutional investors have recently bought and sold shares of PFSI. Schwab Charles Investment Management Inc. increased its holdings in shares of PennyMac Financial Services by 63.7% during the second quarter. Schwab Charles Investment Management Inc. now owns 29,800 shares of the real estate investment trust’s stock worth $498,000 after buying an additional 11,600 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of PennyMac Financial Services by 2.3% during the second quarter. Bank of New York Mellon Corp now owns 105,934 shares of the real estate investment trust’s stock worth $1,769,000 after buying an additional 2,352 shares in the last quarter. Wells Fargo & Company MN increased its holdings in shares of PennyMac Financial Services by 14.5% during the second quarter. Wells Fargo & Company MN now owns 100,657 shares of the real estate investment trust’s stock worth $1,681,000 after buying an additional 12,778 shares in the last quarter. New York State Common Retirement Fund increased its holdings in shares of PennyMac Financial Services by 48.7% during the second quarter. New York State Common Retirement Fund now owns 18,000 shares of the real estate investment trust’s stock worth $301,000 after buying an additional 5,899 shares in the last quarter. Finally, Citigroup Inc. increased its holdings in shares of PennyMac Financial Services by 1,652.1% during the second quarter. Citigroup Inc. now owns 6,150 shares of the real estate investment trust’s stock worth $103,000 after buying an additional 5,799 shares in the last quarter. 89.47% of the stock is owned by 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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