PennyMac Financial Services Inc (NYSE:PFSI) CFO Daniel Stanley Perotti sold 5,442 shares of the stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $23.00, for a total value of $125,166.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Daniel Stanley Perotti also recently made the following trade(s):

  • On Tuesday, November 28th, Daniel Stanley Perotti sold 5,442 shares of PennyMac Financial Services stock. The shares were sold at an average price of $20.00, for a total value of $108,840.00.
  • On Monday, November 20th, Daniel Stanley Perotti sold 5,442 shares of PennyMac Financial Services stock. The shares were sold at an average price of $19.42, for a total value of $105,683.64.

PennyMac Financial Services Inc (PFSI) traded up $0.15 on Wednesday, hitting $23.40. The stock had a trading volume of 263,192 shares, compared to its average volume of 264,000. The company has a market cap of $541.46, a price-to-earnings ratio of 12.19, a PEG ratio of 1.52 and a beta of 0.68. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 1.66. PennyMac Financial Services Inc has a 1-year low of $15.65 and a 1-year high of $23.65.

PennyMac Financial Services (NYSE:PFSI) last released its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.71 earnings per share for the quarter, hitting the consensus estimate of $0.71. The business had revenue of $250.64 million during the quarter, compared to analyst estimates of $238.59 million. PennyMac Financial Services had a return on equity of 4.11% and a net margin of 6.47%. PennyMac Financial Services’s quarterly revenue was down 14.0% on a year-over-year basis. equities research analysts expect that PennyMac Financial Services Inc will post 2.29 EPS for the current fiscal year.

A number of equities analysts have issued reports on PFSI shares. Zacks Investment Research lowered PennyMac Financial Services from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 25th. ValuEngine raised PennyMac Financial Services from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 15th. Barclays set a $25.00 price objective on PennyMac Financial Services and gave the stock a “buy” rating in a research note on Tuesday, December 12th. BidaskClub raised PennyMac Financial Services from a “sell” rating to a “hold” rating in a research note on Wednesday, September 27th. Finally, Piper Jaffray Companies reissued a “buy” rating on shares of PennyMac Financial Services in a research note on Tuesday, September 19th. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $23.25.

Several institutional investors have recently modified their holdings of PFSI. Citigroup Inc. boosted its position in shares of PennyMac Financial Services by 1,652.1% in 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 during the period. Victory Capital Management Inc. boosted its position in shares of PennyMac Financial Services by 17.6% in the second quarter. Victory Capital Management Inc. now owns 6,964 shares of the real estate investment trust’s stock worth $116,000 after buying an additional 1,042 shares during the period. Voya Investment Management LLC acquired a new stake in shares of PennyMac Financial Services in the second quarter worth $174,000. The Manufacturers Life Insurance Company boosted its position in shares of PennyMac Financial Services by 11.5% in the second quarter. The Manufacturers Life Insurance Company now owns 12,732 shares of the real estate investment trust’s stock worth $213,000 after buying an additional 1,312 shares during the period. Finally, Cubist Systematic Strategies LLC boosted its position in shares of PennyMac Financial Services by 23.6% in the second quarter. Cubist Systematic Strategies LLC now owns 13,025 shares of the real estate investment trust’s stock worth $218,000 after buying an additional 2,489 shares during the period. 90.83% of the stock is owned by institutional investors and hedge funds.

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PennyMac Financial Services Company Profile

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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