The PennyMac Financial Services Inc. (PFSI) CFO Anne Mccallion Sold 5,000 Shares

The PennyMac Financial Services Inc. (PFSI) CFO Anne Mccallion Sold 5,000 Shares

PennyMac Financial Services Inc. (NYSE:PFSI) CFO Anne Mccallion sold 5,000 shares of the business’s stock in a transaction on Wednesday, October 12th. The shares were sold at an average price of $16.14, for a total transaction of $80,700.00. The sale was disclosed in a document filed with the SEC, which is available through this link.

Anne Mccallion also recently made the following trade(s): On Wednesday, September 28th, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The shares were sold at an average price of $16.90, for a total transaction of $84,500.00. On Thursday, September 15th, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The shares were sold at an average price of $17.64, for a total transaction of $88,200.00. On Friday, August 26th, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The shares were sold at an average price of $16.24, for a total transaction of $81,200.00. On Thursday, August 18th, Anne Mccallion sold 5,000 shares of PennyMac Financial Services stock. The shares were sold at an average price of $16.24, for a total transaction of $81,200.00.

PennyMac Financial Services Inc. (NYSE:PFSI) traded up 0.43% during midday trading on Friday, reaching $16.26. 39,361 shares of the company’s stock were exchanged. The firm has a 50-day moving average price of $16.82 and a 200 day moving average price of $14.15. PennyMac Financial Services Inc. has a 52 week low of $10.48 and a 52 week high of $18.13. The company has a market cap of $360.86 million, a price-to-earnings ratio of 7.92 and a beta of 0.58.

PennyMac Financial Services (NYSE:PFSI) last posted its earnings results on Wednesday, August 3rd. The real estate investment trust reported $0.65 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.07. The company had revenue of $207.81 million for the quarter, compared to analyst estimates of $196.53 million. PennyMac Financial Services had a net margin of 6.20% and a return on equity of 4.30%. The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period last year, the business posted $0.59 earnings per share. Analysts anticipate that PennyMac Financial Services Inc. will post $2.47 EPS for the current year.

Large investors have recently bought and sold shares of the company. MSI Financial Services Inc bought a new stake in shares of PennyMac Financial Services during the third quarter worth approximately $121,000. Metropolitan Life Insurance Co. NY bought a new stake in shares of PennyMac Financial Services during the second quarter worth approximately $139,000. SG Americas Securities LLC bought a new stake in shares of PennyMac Financial Services during the second quarter worth approximately $161,000. Societe Generale bought a new stake in shares of PennyMac Financial Services during the second quarter worth approximately $161,000. Finally, Teachers Advisors Inc. raised its stake in shares of PennyMac Financial Services by 7.7% in the second quarter. Teachers Advisors Inc. now owns 20,232 shares of the real estate investment trust’s stock worth $253,000 after buying an additional 1,447 shares during the last quarter. Institutional investors own 92.45% of the company’s stock.

PFSI has been the topic of several research analyst reports. Bank of America Corp. upgraded shares of PennyMac Financial Services from a “neutral” rating to a “buy” rating in a report on Tuesday, July 12th. Zacks Investment Research upgraded shares of PennyMac Financial Services from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a report on Friday, July 15th. Citigroup Inc. boosted their price target on shares of PennyMac Financial Services from $15.00 to $16.00 and gave the company a “buy” rating in a report on Thursday, August 4th. Keefe, Bruyette & Woods set a $18.00 price target on shares of PennyMac Financial Services and gave the company a “buy” rating in a report on Friday, August 5th. Finally, JPMorgan Chase & Co. boosted their price target on shares of PennyMac Financial Services from $14.00 to $16.50 and gave the company a “neutral” rating in a report on Friday, August 5th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $17.94.

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