PennyMac Financial Services, Inc. (NYSE:PFSI) insider David M. Walker sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of $18.63, for a total transaction of $186,300.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

David M. Walker also recently made the following trade(s):

  • On Monday, October 16th, David M. Walker sold 5,000 shares of PennyMac Financial Services stock. The stock was sold at an average price of $18.13, for a total transaction of $90,650.00.
  • On Tuesday, October 17th, David M. Walker sold 10,000 shares of PennyMac Financial Services stock. The stock was sold at an average price of $18.17, for a total transaction of $181,700.00.
  • On Wednesday, September 20th, David M. Walker sold 10,000 shares of PennyMac Financial Services stock. The stock was sold at an average price of $17.55, for a total transaction of $175,500.00.
  • On Thursday, September 7th, David M. Walker sold 5,000 shares of PennyMac Financial Services stock. The stock was sold at an average price of $16.72, for a total transaction of $83,600.00.
  • On Thursday, August 24th, David M. Walker sold 10,000 shares of PennyMac Financial Services stock. The stock was sold at an average price of $17.05, for a total transaction of $170,500.00.

PennyMac Financial Services, Inc. (NYSE PFSI) traded up $0.15 during trading hours on Wednesday, hitting $18.80. 85,700 shares of the company were exchanged, compared to its average volume of 173,630. 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 stock has a market cap of $434.32, a PE ratio of 7.12, a P/E/G ratio of 1.67 and a beta of 0.63. PennyMac Financial Services, Inc. has a 1 year low of $15.65 and a 1 year high of $19.35.

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 firm 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 company’s revenue was down 14.0% compared to the same quarter last year. equities analysts predict that PennyMac Financial Services, Inc. will post 2.24 earnings per share for the current year.

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Several large investors have recently bought and sold shares of the stock. Alps Advisors Inc. boosted its position in shares of PennyMac Financial Services by 0.3% during the 2nd quarter. Alps Advisors Inc. now owns 27,680 shares of the real estate investment trust’s stock worth $462,000 after purchasing an additional 72 shares during the period. American International Group Inc. boosted its position in shares of PennyMac Financial Services by 7.2% during the 1st quarter. American International Group Inc. now owns 8,384 shares of the real estate investment trust’s stock worth $143,000 after purchasing an additional 562 shares during the period. California State Teachers Retirement System boosted its position in shares of PennyMac Financial Services by 2.9% during the 2nd quarter. California State Teachers Retirement System now owns 28,126 shares of the real estate investment trust’s stock worth $470,000 after purchasing an additional 800 shares during the period. Strs Ohio boosted its position in shares of PennyMac Financial Services by 2.7% during the 2nd quarter. Strs Ohio now owns 38,700 shares of the real estate investment trust’s stock worth $646,000 after purchasing an additional 1,000 shares during the period. Finally, Victory Capital Management Inc. boosted its position in PennyMac Financial Services by 17.6% in the 2nd quarter. Victory Capital Management Inc. now owns 6,964 shares of the real estate investment trust’s stock valued at $116,000 after buying an additional 1,042 shares during the period. 87.54% of the stock is owned by hedge funds and other institutional investors.

PFSI has been the subject of a number of recent analyst reports. Zacks Investment Research downgraded shares of PennyMac Financial Services from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. ValuEngine downgraded shares of PennyMac Financial Services from a “strong-buy” rating to a “buy” rating in a report on Thursday, August 17th. Piper Jaffray Companies restated a “buy” rating on shares of PennyMac Financial Services in a report on Tuesday, September 19th. Finally, BidaskClub upgraded shares of PennyMac Financial Services from a “sell” rating to a “hold” rating in a report on Wednesday, September 27th. Two analysts have rated the stock with a sell rating, two have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average 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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