PennyMac Financial Services Inc (NYSE:PFSI) insider Anne Mccallion sold 3,463 shares of the firm’s stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $22.25, for a total value of $77,051.75. The sale was disclosed in a filing with the SEC, which is accessible through this link.

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

  • On Tuesday, March 5th, Anne Mccallion sold 10,000 shares of PennyMac Financial Services stock. The stock was sold at an average price of $22.99, for a total value of $229,900.00.
  • On Thursday, February 28th, Anne Mccallion sold 10,000 shares of PennyMac Financial Services stock. The stock was sold at an average price of $23.28, for a total value of $232,800.00.
  • On Friday, February 15th, Anne Mccallion sold 20,837 shares of PennyMac Financial Services stock. The stock was sold at an average price of $22.83, for a total value of $475,708.71.
  • On Tuesday, February 12th, Anne Mccallion sold 5,100 shares of PennyMac Financial Services stock. The stock was sold at an average price of $21.97, for a total value of $112,047.00.
  • On Tuesday, January 29th, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The stock was sold at an average price of $20.94, for a total value of $104,700.00.
  • On Wednesday, January 16th, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The stock was sold at an average price of $20.78, for a total value of $103,900.00.
  • On Wednesday, January 2nd, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The stock was sold at an average price of $21.29, for a total value of $106,450.00.
  • On Tuesday, December 18th, Anne Mccallion sold 6,100 shares of PennyMac Financial Services stock. The stock was sold at an average price of $21.69, for a total value of $132,309.00.

Shares of NYSE:PFSI traded up $0.03 during trading on Friday, hitting $22.94. 1,489 shares of the company’s stock traded hands, compared to its average volume of 284,965. PennyMac Financial Services Inc has a 52 week low of $18.77 and a 52 week high of $24.50. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.18 and a quick ratio of 0.18. The stock has a market capitalization of $568.01 million, a PE ratio of 8.84, a price-to-earnings-growth ratio of 0.80 and a beta of 0.45.

PennyMac Financial Services (NYSE:PFSI) last released its quarterly earnings data on Thursday, February 7th. The real estate investment trust reported $0.63 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.55 by $0.08. PennyMac Financial Services had a return on equity of 4.80% and a net margin of 8.91%. The business had revenue of $251.20 million for the quarter, compared to analysts’ expectations of $238.79 million. On average, research analysts expect that PennyMac Financial Services Inc will post 2.81 earnings per share for the current year.

Several large investors have recently added to or reduced their stakes in the company. Citigroup Inc. lifted its holdings in shares of PennyMac Financial Services by 10.6% during the 4th quarter. Citigroup Inc. now owns 5,982 shares of the real estate investment trust’s stock valued at $127,000 after purchasing an additional 573 shares in the last quarter. Nordea Investment Management AB raised its position in PennyMac Financial Services by 0.9% in the 4th quarter. Nordea Investment Management AB now owns 102,265 shares of the real estate investment trust’s stock valued at $2,174,000 after buying an additional 865 shares during the last quarter. Teachers Advisors LLC raised its position in PennyMac Financial Services by 12.3% in the 3rd quarter. Teachers Advisors LLC now owns 37,581 shares of the real estate investment trust’s stock valued at $785,000 after buying an additional 4,119 shares during the last quarter. Metropolitan Life Insurance Co. NY raised its position in PennyMac Financial Services by 223.0% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 6,344 shares of the real estate investment trust’s stock valued at $135,000 after buying an additional 4,380 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in PennyMac Financial Services by 4.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 125,655 shares of the real estate investment trust’s stock valued at $2,626,000 after buying an additional 4,797 shares during the last quarter. Institutional investors and hedge funds own 93.24% of the company’s stock.

A number of equities analysts have issued reports on PFSI shares. Barclays set a $25.00 target price on PennyMac Financial Services and gave the stock a “buy” rating in a report on Friday, December 14th. Zacks Investment Research upgraded PennyMac Financial Services from a “strong sell” rating to a “hold” rating in a report on Saturday, November 17th. Finally, JMP Securities reiterated a “hold” rating on shares of PennyMac Financial Services in a report on Wednesday, March 6th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $23.00.

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PennyMac Financial Services Company Profile

PennyMac Financial Services, Inc a specialty financial services company, engages in the mortgage banking and investment management activities in the United States. It is involved in the origination, acquisition, and sale of mortgage loans. The company originates first-lien residential conventional and government-insured or guaranteed mortgage loans to allow customers to purchase or refinance their homes.

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

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