PennyMac Financial Services (PFSI) News Today

Bank of New York Mellon Corp increased its position in PennyMac Financial Services, Inc. (NYSE:PFSI - Free Report) by 2.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 182,245 shares of the real estate investment trust's

PennyMac Financial Services (NYSE:PFSI) Sets New 1-Year High at $108.68

Picton Mahoney Asset Management grew its holdings in PennyMac Financial Services, Inc. (NYSE:PFSI - Free Report) by 25.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,293 shares of the real es

PennyMac Financial Services (NYSE:PFSI) Reaches New 12-Month High at $106.52

Shares of PennyMac Financial Services, Inc. (NYSE:PFSI - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the six research firms that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have assigne

Dakota Wealth Management lowered its stake in PennyMac Financial Services, Inc. (NYSE:PFSI - Free Report) by 32.6% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 14,316 shares of the real estate investment trust's stock after selling 6,914

Assenagon Asset Management S.A. reduced its position in shares of PennyMac Financial Services, Inc. (NYSE:PFSI - Free Report) by 41.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 39,722 shares of the real estate investment trus

Boston Partners lessened its position in shares of PennyMac Financial Services, Inc. (NYSE:PFSI - Free Report) by 2.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 310,321 shares of the real estate investmen

Interval Partners LP trimmed its holdings in shares of PennyMac Financial Services, Inc. (NYSE:PFSI - Free Report) by 47.2% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,154 shares of the real estate investment trust's st

PennyMac Financial Services, Inc. (NYSE:PFSI - Free Report) - Investment analysts at Wedbush upped their FY2024 EPS estimates for PennyMac Financial Services in a research report issued to clients and investors on Wednesday, July 24th. Wedbush analyst J. Mccanless now anticipates that the real es

PennyMac Financial Services, Inc. (NYSE:PFSI - Get Free Report) has earned an average recommendation of "Moderate Buy" from the six analysts that are currently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and four have given a buy reco

Epoch Investment Partners Inc. lowered its stake in PennyMac Financial Services, Inc. (NYSE:PFSI - Free Report) by 10.9% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 345,296 shares of the

PennyMac Financial Services, Inc. (NYSE:PFSI - Free Report) - Wedbush lowered their Q2 2024 EPS estimates for PennyMac Financial Services in a report issued on Monday, July 22nd. Wedbush analyst J. Mccanless now expects that the real estate investment trust will post earnings per share of $2.52 f

Mitsubishi UFJ Trust & Banking Corp lessened its stake in shares of PennyMac Financial Services, Inc. (NYSE:PFSI - Free Report) by 24.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,016 shares of

PennyMac Financial Services (NYSE:PFSI - Get Free Report) posted its quarterly earnings results on Tuesday. The real estate investment trust reported $1.85 earnings per share for the quarter, missing the consensus estimate of $2.65 by ($0.80). The business had revenue of $406.13 million during the quarter, compared to analysts' expectations of $469.64 million. PennyMac Financial Services had a return on equity of 10.48% and a net margin of 10.94%. The business's quarterly revenue was up 20.7% on a year-over-year basis. During the same period in the prior year, the business posted $1.11 earnings per share.

PennyMac Financial Services, Inc. (NYSE:PFSI) announced a quarterly dividend on Wednesday, July 24th. Shareholders of record on Tuesday, August 13th will be paid a dividend of 0.30 per share by the real estate investment trust on Friday, August 23rd. This represents a $1.20 annualized dividend and a yield of 1.24%. The ex-dividend date is Tuesday, August 13th. This is an increase from PennyMac Financial Services's previous quarterly dividend of $0.20.

Wedbush raised their target price on PennyMac Financial Services from $110.00 to $120.00 and gave the company an "outperform" rating in a research report on Wednesday.

Edgestream Partners L.P. boosted its stake in PennyMac Financial Services, Inc. (NYSE:PFSI - Free Report) by 349.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,774 shares of the real estate investment trus

Keefe, Bruyette & Woods cut PennyMac Financial Services from an "outperform" rating to a "market perform" rating and set a $102.00 target price for the company. in a report on Monday.

BNP Paribas Financial Markets lifted its stake in shares of PennyMac Financial Services, Inc. (NYSE:PFSI - Free Report) by 56.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,917 shares of the real estate investment trust'

PennyMac Financial Services (NYSE:PFSI) Hits New 52-Week High at $104.20

PennyMac Financial Services (NYSE:PFSI) will be releasing earnings after the market closes on Tuesday, July 23, Zacks reports.

SoFi stock is getting Wall Street's attention just as the mortgage market is looking to make a bottom, in time before the Fed's interest rate cuts are here

Quantbot Technologies LP purchased a new position in PennyMac Financial Services, Inc. (NYSE:PFSI - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 28,209 shares of the real estate investment

PennyMac Financial Services (NYSE:PFSI) Hits New 12-Month High After Analyst Upgrade

PennyMac Financial Services, Inc. (NYSE:PFSI - Get Free Report) has been given an average rating of "Moderate Buy" by the seven ratings firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and six have given a buy rating to

StockNews.com lowered shares of PennyMac Financial Services from a "hold" rating to a "sell" rating in a research note on Wednesday.

Denali Advisors LLC boosted its stake in PennyMac Financial Services, Inc. (NYSE:PFSI - Free Report) by 179.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 41,600 shares of the real estate investment t