6 stories mentioning PFSIUpdated 7h ago
Every FINWIRES story that references PFSI, newest first.
PennyMac Financial Services (PFSI) has an average rating of overweight and mean price target of $93.86, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Financial stocks were edging lower in late Tuesday afternoon trading, with the NYSE Financial Index down 0.4% and the State Street Financial Select Sector SPDR ETF (XLF) shedding 0.1%.The Philadelphia Housing Index fell 1.8%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 1.7%.Bitcoin (BTC-USD) was decreasing 0.1% to $63,693, and the yield for 10-year US Treasuries rose 5.8 basis points to 4.54%.In economic news, consumer expectations for one-year US inflation growth jumped to 3.7% in June from 3.5% in the previous month, according to a survey released by the New York Federal Reserve Bank. The print is the highest since September 2023.The US international trade deficit widened to $77.59 billion in May from a revised $54.57 billion gap in April, compared with a wider shortfall of $78.4 billion expected in a Bloomberg-compiled survey.Consumer confidence for July rose from the prior month, with the RealClearMarkets' monthly index rising to 45.5 from 42.5 in June.In corporate news, PennyMac Financial Services (PFSI) shares fell 3.8% after Barclays downgraded the stock to equalweight from overweight and cut its price target to $93 per share from $107.Fiserv (FISV) has held talks with JPMorgan Chase (JPM), Bank of America (BAC), Wells Fargo (WFC) and PNC Financial Services (PNC) about a potential sale of its STAR Network debit payments business, Reuters reported. Fiserv shares were up 1.6%.HSBC (HSBC) will stop lending to riskier private credit clients that have not provided sufficient returns, Bloomberg reported. The bank will no longer provide back-leverage financing to several clients but will continue to provide them with access to other services, the report said. Separately, HSBC has launched a review of its Turkish retail and corporate banking business and is considering all options, Reuters reported. HSBC shares were shedding 1.4%.Gemini Space Station (GEMI) said Tuesday that it is launching stock trading for customers in the US. Customers in qualifying jurisdictions can now trade in US exchange-listed securities directly from the Gemini app, the company said. Gemini shares fell nearly 5%.
Financial stocks were edging lower in late Tuesday afternoon trading, with the NYSE Financial Index down 0.4% and the State Street Financial Select Sector SPDR ETF (XLF) shedding 0.1%.The Philadelphia Housing Index fell 1.8%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 1.7%.Bitcoin (BTC-USD) was decreasing 0.1% to $63,693, and the yield for 10-year US Treasuries rose 5.8 basis points to 4.54%.In corporate news, PennyMac Financial Services (PFSI) shares fell 4.1% after Barclays downgraded the stock to equalweight from overweight and cut its price target to $93 per share from $107.
David Spector, Director, Chairman & CEO, on May 12, 2026, sold 10,000 shares in Pennymac Financial Services (PFSI) for $879,858. Following the Form 4 filing with the SEC, Spector has control over a total of 565,005 common shares of the company, with 504,401 shares held directly and 60,604 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1745916/000174591626000127/xslF345X05/form4.xml
PennyMac Financial Services (PFSI) has an average rating of overweight and mean price target of $123.29, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
David Spector, Director, Chairman & CEO, on April 14, 2026, sold 10,000 shares in Pennymac Financial Services (PFSI) for $928,279. Following the Form 4 filing with the SEC, Spector has control over a total of 600,005 common shares of the company, with 529,401 shares held directly and 70,604 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1745916/000174591626000115/xslF345X05/form4.xml
