The most recent Form 13F filing that Twinbeech Capital LP made with the Securities and Exchange Commission revealed that during the third quarter of this year, the investment firm increased its holdings in PennyMac Financial Services, INC (NYSE: PFSI).
The fund finished the period with a total holding of 97,959 shares of the stock of the real estate investment trust.
This was achieved after the fund made an additional purchase of 68,925 shares during the quarter.
The most recent filing that Twinbeech Capital LP made with the SEC revealed that the company owned approximately 0.20% of PennyMac Financial Services, which at the time was $4,220,000.
According to news linked to this topic, on Monday, February 6, company insider Donald J. White sold 6,136 shares of PennyMac Financial Services stock.
This was reported in the news.
It was determined that each share was sold at an average price of $64.39, which led to a total sale volume of 395,097.04 dollars.
The price at which each share was sold was determined to be. Following the successful completion of the transaction, the corporate insider now has a total holding of 6,236 shares, which have a combined value of approximately 401,536.04 dollars.
The Securities and Exchange Commission was given legal documentation about the transaction, which can be viewed by following the link in the previous sentence.
The documentation was provided to the SEC. On February 6, a company insider named Donald J. White sold 6,136 shares of the company’s stock.
This is just one of the latest developments regarding this matter.
It was determined that each share was sold at an average price of $64.39, which led to a total sale volume of 395,097.04 dollars.
The price at which each share was sold was determined to be.
After the sale, the company insider now directly owns 6,236 shares of the corporation.
Based on the current stock price, these shares are worth approximately 401,536.04 dollars.
The Securities and Exchange Commission was given legal documentation about the transaction, which can be viewed by following the link in the previous sentence.
The documentation was provided to the SEC. Steven Richard Bailey, an employee of the company who engages in insider trading, sold 18,923 shares of the company’s stock on February 8.
A total price of $1,255,162.59 was received for the sale of the shares, which works out to an average price of $66.33 per share.
After the completion of the transaction, the business insider now directly owns 11,914 shares of the company’s stock.
Based on the current stock price of the company, the value of these shares is approximately $790,255.62.
Disclosures related to the sale might be found in this website section.
Business insiders were responsible for the sale of 193,464 shares of stock during the most recent quarter, which resulted in total revenue of $11,762,467.
The employees and management of the company own a combined total of 18.00% of the total shares issued by the company.
Several institutional investors have made changes throughout the past few months to the proportion of PFSI stock that they hold in their portfolios.
During the second quarter, Nisa Investment Advisers LLC contributed an additional $2.50 to PennyMac Financial Services, bringing their total investment in the company to $3.500.
During the third quarter, Wipfli Financial Advisors LLC made a fresh investment in PennyMac Financial Services, amounting to approximately $44,000.
This investment was made as a smaller component of a larger portfolio.
Allspring Global Investments Holdings LLC increased the amount of PennyMac Financial Services stock owned by 16.4% during the third quarter.
Allspring Global Investments Holdings LLC now has 1,776 real estate investment trust shares due to purchasing an additional 250 shares during the most recent quarter.
The value of all of the company’s shares of the REIT comes to a total of $76,000.
During the second quarter, Captrust Financial Advisors increased the proportion of PennyMac Financial Services that it owned to 75.9%.
As a result of the purchase of an additional 1,247 shares over the preceding three months, Captrust Financial Advisors now directly owns 2,890 shares of the real estate investment trust.
The current market value of these shares is $126,000.
The Canada Pension Plan Investment Board increased the amount of PennyMac Financial Services stock owned by 19.9% over the year’s first three months. Following the acquisition of 486 shares during the most recent quarter, the Canada Pension Plan Investment Board now holds 2,932 real estate investment trust shares, with a combined value of $156,000.
This brings the total number of shares held by the organization to 2,932.
Institutional investors and hedge funds control the total company stock, accounting for 67.03 percent of the company’s ownership.
On Friday, the shares of PennyMac Financial Services were introduced to the market for $59.50 per share. Currently, the share price is trading at $56.28, less than the fifty-day simple moving average of $63.20 and the 200-day simple moving average of $63.20.
During the period covered by this report, PennyMac Financial Services, INC experienced a year-over-year low of $38.53 and a year-over-year high of $73.79.
Both of these prices are presented as percentage changes.
The debt-to-equity ratio, the current ratio, and the quick ratio all come in at 0.55, respectively, which indicates that the company is in a stable financial position.
The ratio of debt to equity is currently 1.46.
The price-to-earnings ratio of the company’s stock, which is 7.09, and its beta value, which is 1.49, are relatively high.
The total value of the company’s stock on the market is equivalent to 2.98 billion dollars.
On February 2, the most recent quarterly earnings report for PennyMac Financial Services, INC (NYSE: PFSI) was made public.
The real estate investment trust (REIT) reported earnings per share for the quarter at $0.89, $0.04 more than the estimate compiled by market analysts as a consensus.
PennyMac Financial Services had a return on equity of 14,000% and a net margin of 23.95%.
Both of these figures are very impressive.
According to the analysts’ projections, the revenue the company will bring in during the quarter could fall between $326.70 million and $340.45 million.
According to forecasts provided by analysts in the relevant industry, PennyMac Financial Services, INC will likely achieve earnings of $6.76 per share during the current fiscal year due to its operations.
In addition, the business just recently announced and paid out a quarterly dividend, which was done on February 24 this year. Shareholders who were “recorded” as part of the company as of February 14 each received a dividend payment of $0.20.
The dividend was distributed on Monday, February 13, which was also the month of February.
This equates to a yearly dividend payment of $0.80 and a yield of 1.34 percent for the investment over its lifetime.
PennyMac Financial Services currently has a dividend payout ratio (DPR) of 9.54 percent.
