PennyMac FinancialPFSI
About: PennyMac Financial Services Inc is a United States-based financial services company primarily engaged in mortgage lending. The company operates through three segments: production, servicing, and investment management. The company's production and servicing segment together form the mortgage banking business that includes mortgage loan origination, acquisition, and sale activities; while the investment management segment includes investment manager's activities, such as performing diligence, and managing acquired assets. The company generates the majority of revenue from its mortgage banking business.
Employees: 3,951
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 4 (+2) [Q2]
41% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 54
5% more capital invested
Capital invested by funds: $2.62B [Q1] → $2.76B (+$144M) [Q2]
0.33% more ownership
Funds ownership: 57.06% [Q1] → 57.39% (+0.33%) [Q2]
8% less call options, than puts
Call options by funds: $47.4M | Put options by funds: $51.3M
4% less funds holding
Funds holding: 190 [Q1] → 183 (-7) [Q2]
20% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 35
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Barclays Mark Devries 50% 1-year accuracy 4 / 8 met price target | 18%upside $125 | Overweight Maintained | 8 Oct 2024 |
Piper Sandler Crispin Love 69% 1-year accuracy 18 / 26 met price target | 18%upside $125 | Overweight Maintained | 1 Oct 2024 |
Wedbush Jay McCanless 52% 1-year accuracy 29 / 56 met price target | 13%upside $120 | Outperform Maintained | 24 Jul 2024 |
Piper Sandler Crispin Love 69% 1-year accuracy 18 / 26 met price target | 5%upside $112 | Overweight Maintained | 24 Jul 2024 |
Keefe, Bruyette & Woods George Bose 100% 1-year accuracy 3 / 3 met price target | 4%downside $102 | Market Perform Downgraded | 22 Jul 2024 |
Financial journalist opinion
Based on 5 articles about PFSI published over the past 30 days