PennyMac Financial Services, Inc. (NYSE:PFSI) CFO Daniel Stanley Perotti sold 5,442 shares of the firm’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $19.42, for a total transaction of $105,683.64. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

PennyMac Financial Services, Inc. (NYSE PFSI) traded up $0.35 during trading hours on Tuesday, reaching $19.75. 185,393 shares of the company’s stock were exchanged, compared to its average volume of 176,528. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.16 and a quick ratio of 0.16. The firm has a market capitalization of $449.47, a PE ratio of 7.40, a PEG ratio of 1.73 and a beta of 0.63. PennyMac Financial Services, Inc. has a 52 week low of $15.65 and a 52 week high of $19.85.

PennyMac Financial Services (NYSE:PFSI) last posted its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.71 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.71. The company had revenue of $250.64 million during the quarter, compared to analysts’ expectations of $238.59 million. PennyMac Financial Services had a net margin of 6.47% and a return on equity of 4.11%. The firm’s quarterly revenue was down 14.0% compared to the same quarter last year. equities research analysts predict that PennyMac Financial Services, Inc. will post 2.24 earnings per share for the current year.

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Several institutional investors have recently added to or reduced their stakes in PFSI. Mangrove Partners purchased a new stake in shares of PennyMac Financial Services during the third quarter worth $12,760,000. Numeric Investors LLC grew its holdings in shares of PennyMac Financial Services by 72.1% during the second quarter. Numeric Investors LLC now owns 776,152 shares of the real estate investment trust’s stock worth $12,962,000 after buying an additional 325,169 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of PennyMac Financial Services by 31.4% during the second quarter. Dimensional Fund Advisors LP now owns 531,824 shares of the real estate investment trust’s stock worth $8,882,000 after buying an additional 127,022 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of PennyMac Financial Services by 7.3% during the first quarter. Vanguard Group Inc. now owns 1,544,525 shares of the real estate investment trust’s stock worth $26,334,000 after buying an additional 105,654 shares in the last quarter. Finally, AQR Capital Management LLC purchased a new stake in shares of PennyMac Financial Services during the first quarter worth $1,179,000. 87.96% of the stock is owned by institutional investors and hedge funds.

A number of brokerages have recently issued reports on PFSI. ValuEngine raised shares of PennyMac Financial Services from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, November 15th. Zacks Investment Research upgraded shares of PennyMac Financial Services from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 17th. BidaskClub upgraded shares of PennyMac Financial Services from a “sell” rating to a “hold” rating in a research note on Wednesday, September 27th. Finally, Piper Jaffray Companies reiterated a “buy” rating on shares of PennyMac Financial Services in a research note on Tuesday, September 19th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $20.33.

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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