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PennyMac Financial Services (NYSE:PFSI) Director Matthew Botein sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $16.01, for a total transaction of $80,050.00. Following the transaction, the director now directly owns 4,459 shares of the company’s stock, valued at approximately $71,389. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Several analysts have recently commented on the stock. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of PennyMac Financial Services in a research note on Tuesday, May 13th. They now have a $19.00 price target on the stock, down previously from $20.00. Separately, analysts at Jefferies Group cut their price target on shares of PennyMac Financial Services from $20.00 to $18.00 in a research note on Friday, May 9th. Finally, analysts at Compass Point upgraded shares of PennyMac Financial Services from a “neutral” rating to a “buy” rating in a research note on Thursday, May 8th. They now have a $18.50 price target on the stock, up previously from $15.00. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. PennyMac Financial Services currently has an average rating of “Hold” and an average target price of $19.39.

Shares of PennyMac Financial Services (NYSE:PFSI) remained flat at $16.08 during during mid-day trading trading on Wednesday. 39,750 shares of the company’s stock traded hands. PennyMac Financial Services has a 1-year low of $15.01 and a 1-year high of $22.14. The stock’s 50-day moving average is $15.94 and its 200-day moving average is $17.07. The company’s market cap is $340.8 million.

PennyMac Financial Services (NYSE:PFSI) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.38 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.38. The company had revenue of $105.50 million for the quarter, compared to the consensus estimate of $100.48 million. The company’s quarterly revenue was up 3.0% on a year-over-year basis. Analysts expect that PennyMac Financial Services will post $1.70 EPS for the current fiscal year.

PennyMac Financial Services, Inc is a specialty financial services firm with a mortgage platform and integrated business focused on the production and servicing of United States residential mortgage loans and the management of investments related to the United States residential mortgage market.

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