PennyMac Financial Services Inc (NYSE:PFSI) insider Jeffrey Grogin sold 5,000 shares of the stock in a transaction on Friday, January 26th. The shares were sold at an average price of $22.65, for a total value of $113,250.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Shares of PennyMac Financial Services Inc (NYSE PFSI) traded down $0.60 during trading hours on Monday, reaching $22.25. The company’s stock had a trading volume of 138,125 shares, compared to its average volume of 155,649. The company has a market cap of $518.17, a P/E ratio of 11.59, a PEG ratio of 1.51 and a beta of 0.68. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.16 and a quick ratio of 0.16. PennyMac Financial Services Inc has a 52-week low of $15.65 and a 52-week high of $24.00.
PennyMac Financial Services (NYSE:PFSI) last announced its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.71 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.71. The firm had revenue of $250.64 million during the quarter, compared to the consensus estimate of $238.59 million. PennyMac Financial Services had a return on equity of 4.11% and a net margin of 6.47%. The company’s revenue for the quarter was down 14.0% compared to the same quarter last year. sell-side analysts forecast that PennyMac Financial Services Inc will post 2.29 EPS for the current year.
A number of large investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in PennyMac Financial Services by 5.8% in the 2nd quarter. Vanguard Group Inc. now owns 1,634,763 shares of the real estate investment trust’s stock valued at $27,301,000 after purchasing an additional 90,238 shares during the period. Mangrove Partners bought a new position in PennyMac Financial Services in the 3rd quarter valued at $12,760,000. Dimensional Fund Advisors LP grew its stake in PennyMac Financial Services by 17.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 625,742 shares of the real estate investment trust’s stock valued at $11,138,000 after purchasing an additional 93,918 shares during the period. JPMorgan Chase & Co. grew its stake in PennyMac Financial Services by 2.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 397,176 shares of the real estate investment trust’s stock valued at $6,633,000 after purchasing an additional 10,969 shares during the period. Finally, State Street Corp grew its stake in PennyMac Financial Services by 4.7% in the 2nd quarter. State Street Corp now owns 232,505 shares of the real estate investment trust’s stock valued at $3,881,000 after purchasing an additional 10,361 shares during the period. Hedge funds and other institutional investors own 89.55% of the company’s stock.
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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.
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