PennyMac Financial Services Inc (NYSE:PFSI) advises to “Mark your calendars” for Aug 30, 2018; dividends expected to reach $0.40.

August 9, 2018 - By Mary Kidd

Investors sentiment increased to 1.41 in 2018 Q1. Its up 0.19, from 1.22 in 2017Q4. It improved, as 6 investors sold PennyMac Financial Services, Inc. shares while 28 reduced holdings. 18 funds opened positions while 30 raised stakes. 21.16 million shares or 2.20% less from 21.64 million shares in 2017Q4 were reported.
Renaissance Technologies Ltd Liability accumulated 237,842 shares. Vanguard Grp Incorporated reported 1.72M shares or 0% of all its holdings. Qs Investors Ltd Liability has 62,725 shares. Wespac Ltd Liability Com holds 47,683 shares. Aperio Group Lc invested 0% in PennyMac Financial Services, Inc. (NYSE:PFSI). Assetmark reported 8,012 shares stake. Moreover, Ameritas Invest Partners has 0% invested in PennyMac Financial Services, Inc. (NYSE:PFSI). Tower Research Cap Limited Liability Company (Trc) invested 0.01% of its portfolio in PennyMac Financial Services, Inc. (NYSE:PFSI). Omega Inc reported 1.21% of its portfolio in PennyMac Financial Services, Inc. (NYSE:PFSI). Livforsakringsbolaget Skandia Omsesidigt reported 0.22% in PennyMac Financial Services, Inc. (NYSE:PFSI). 487 were accumulated by Acadian Asset Mgmt Lc. Utd Automobile Association, Texas-based fund reported 54,348 shares. 18,000 were reported by New York State Common Retirement Fund. Martingale Asset Management Ltd Partnership holds 0.04% or 128,352 shares in its portfolio. Millennium Limited Liability Company has 0% invested in PennyMac Financial Services, Inc. (NYSE:PFSI).

Since February 9, 2018, it had 0 buys, and 62 sales for $15.46 million activity. Hendry Gregory L also sold $4,040 worth of PennyMac Financial Services, Inc. (NYSE:PFSI) shares. Fartaj Vandad sold $13,860 worth of PennyMac Financial Services, Inc. (NYSE:PFSI) on Monday, April 2. MCCALLION ANNE also sold $149,493 worth of PennyMac Financial Services, Inc. (NYSE:PFSI) shares. Grogin Jeffrey sold 15,000 shares worth $350,578. Jones Doug also sold $698,165 worth of PennyMac Financial Services, Inc. (NYSE:PFSI) shares. 10,000 shares were sold by Botein Matthew, worth $196,443.

PennyMac Financial Services Inc (NYSE:PFSI) is expected to pay $0.40 on Aug 30, 2018. Shareholders owning the stock before Aug 10, 2018 will be eligible to receive the payout. Based on PennyMac Financial Services Inc’s current price of $21.50, the dividend is 1.86 %. This dividend’s record date is Aug 13, 2018 and the announcement date is Aug 2, 2018. The stock increased 0.94% or $0.2 during the last trading session, reaching $21.5. About 89,805 shares traded. PennyMac Financial Services, Inc. (NYSE:PFSI) has risen 21.99% since August 9, 2017 and is uptrending. It has outperformed by 9.42% the S&P500.

PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management activities in the United States. The company has market cap of $1.69 billion. It operates through three divisions: Loan Production, Loan Servicing, and Investment Management. It has a 4.51 P/E ratio. The Loan Production segment is involved in the origination, acquisition, and sale of mortgage loans.

PennyMac Financial Services, Inc. (NYSE:PFSI) Ratings Coverage

Among 5 analysts covering PennyMac Financial (NYSE:PFSI), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. PennyMac Financial had 6 analyst reports since February 16, 2018 according to SRatingsIntel. As per Wednesday, July 25, the company rating was maintained by Barclays Capital. The firm has “Outperform” rating by Wells Fargo given on Wednesday, April 4. The firm has “Hold” rating given on Friday, May 4 by Wells Fargo. The stock of PennyMac Financial Services, Inc. (NYSE:PFSI) earned “Buy” rating by Keefe Bruyette & Woods on Monday, May 7. The stock of PennyMac Financial Services, Inc. (NYSE:PFSI) earned “Outperform” rating by Wood on Monday, May 7. Wedbush initiated the shares of PFSI in report on Friday, February 16 with “Buy” rating.

More important recent PennyMac Financial Services, Inc. (NYSE:PFSI) news were published by: Seekingalpha.com which released: “PennyMac Financial Services, Inc. (PFSI) CEO David Spector on Q2 2018 Results – Earnings Call Transcript” on August 06, 2018, also Globenewswire.com published article titled: “Analysis: Positioning to Benefit within BBX Capital, Home, O’Reilly Automotive, PennyMac Financial Services, FBL …”, Businesswire.com published: “PennyMac Financial Services, Inc. Announces Date for Release of Second Quarter 2018 Results” on July 24, 2018. More interesting news about PennyMac Financial Services, Inc. (NYSE:PFSI) was released by: Businesswire.com and their article: “PennyMac Financial Services, Inc. Reports Second Quarter 2018 Results and Declares Special, One-Time Dividend” with publication date: August 02, 2018.

PennyMac Financial Services, Inc. (NYSE:PFSI) Institutional Positions Chart

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