PennyMac Financial Services, Inc. (PFSI) Forms $22.35 Double Top; Capital Guardian Trust Company Has Lowered Petroleo Brasileiro On Adr (Petrobras) (PBR) Stake By $2.22 Million

Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) Logo

Capital Guardian Trust Company decreased Petroleo Brasileiro On Adr (Petrobras) (PBR) stake by 10.4% reported in 2017Q4 SEC filing. Capital Guardian Trust Company sold 222,000 shares as Petroleo Brasileiro On Adr (Petrobras) (PBR)’s stock rose 39.74%. The Capital Guardian Trust Company holds 1.91M shares with $19.67 million value, down from 2.13M last quarter. Petroleo Brasileiro On Adr (Petrobras) now has $84.62B valuation. The stock decreased 3.88% or $0.54 during the last trading session, reaching $13.38. About 13.23 million shares traded. Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) has risen 52.40% since April 10, 2017 and is uptrending. It has outperformed by 40.85% the S&P500.

PennyMac Financial Services, Inc. (PFSI) formed double top with $23.47 target or 5.00% above today’s $22.35 share price. PennyMac Financial Services, Inc. (PFSI) has $1.73 billion valuation. The stock decreased 3.46% or $0.8 during the last trading session, reaching $22.35. About 141,842 shares traded. PennyMac Financial Services, Inc. (NYSE:PFSI) has risen 37.69% since April 10, 2017 and is uptrending. It has outperformed by 26.14% the S&P500.

Capital Guardian Trust Company increased Royal Caribbean Cruises Ltd (NYSE:RCL) stake by 37,894 shares to 156,331 valued at $18.65M in 2017Q4. It also upped Jack Henry And Associates Inc (NASDAQ:JKHY) stake by 196,809 shares and now owns 505,997 shares. Comcast Corp Cl A (NASDAQ:CMCSA) was raised too.

Among 14 analysts covering Petroleo Brasileiro Petrobras SA (NYSE:PBR), 2 have Buy rating, 4 Sell and 8 Hold. Therefore 14% are positive. Petroleo Brasileiro Petrobras SA had 38 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, October 18 by Societe Generale. The rating was downgraded by Barclays Capital to “Equal-Weight” on Monday, October 12. The firm earned “Underperform” rating on Friday, September 11 by Credit Suisse. Macquarie Research initiated Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) on Wednesday, September 30 with “Underperform” rating. The firm earned “Overweight” rating on Tuesday, August 11 by Barclays Capital. JP Morgan upgraded the shares of PBR in report on Tuesday, May 24 to “Neutral” rating. The firm has “Neutral” rating given on Thursday, September 15 by Macquarie Research. As per Friday, September 11, the company rating was downgraded by Bank of America. The stock of Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) has “Underperform” rating given on Tuesday, December 15 by Credit Agricole. As per Thursday, March 24, the company rating was downgraded by Deutsche Bank.

Among 12 analysts covering PennyMac Financial Services (NYSE:PFSI), 6 have Buy rating, 1 Sell and 5 Hold. Therefore 50% are positive. PennyMac Financial Services has $31.0 highest and $14 lowest target. $22.40’s average target is 0.22% above currents $22.35 stock price. PennyMac Financial Services had 30 analyst reports since December 10, 2015 according to SRatingsIntel. The stock of PennyMac Financial Services, Inc. (NYSE:PFSI) has “Neutral” rating given on Wednesday, January 13 by Goldman Sachs. The firm has “Overweight” rating by Piper Jaffray given on Friday, September 9. The stock has “Mkt Perform” rating by JMP Securities on Wednesday, February 8. The stock of PennyMac Financial Services, Inc. (NYSE:PFSI) earned “Market Perform” rating by Wood on Monday, January 8. As per Thursday, September 28, the company rating was maintained by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained PennyMac Financial Services, Inc. (NYSE:PFSI) on Friday, February 9 with “Hold” rating. As per Thursday, August 3, the company rating was maintained by Piper Jaffray. The stock has “Underperform” rating by Bank of America on Thursday, December 15. The stock of PennyMac Financial Services, Inc. (NYSE:PFSI) has “Buy” rating given on Wednesday, October 26 by Nomura. The stock of PennyMac Financial Services, Inc. (NYSE:PFSI) has “Buy” rating given on Friday, February 16 by Wedbush.

Since October 16, 2017, it had 0 buys, and 43 selling transactions for $10.43 million activity. 67,829 PennyMac Financial Services, Inc. (NYSE:PFSI) shares with value of $1.56M were sold by SPECTOR DAVID. MCCALLION ANNE sold 10,000 shares worth $244,800. The insider Hendry Gregory L sold 1,297 shares worth $29,003. Jones Doug had sold 30,372 shares worth $698,165 on Monday, April 2. 10,000 PennyMac Financial Services, Inc. (NYSE:PFSI) shares with value of $244,031 were sold by Botein Matthew. 10,000 shares were sold by Walker David M, worth $236,579. 16,325 PennyMac Financial Services, Inc. (NYSE:PFSI) shares with value of $398,190 were sold by Perotti Daniel Stanley.

Analysts await PennyMac Financial Services, Inc. (NYSE:PFSI) to report earnings on May, 3. They expect $0.70 earnings per share, up 48.94% or $0.23 from last year’s $0.47 per share. PFSI’s profit will be $54.25M for 7.98 P/E if the $0.70 EPS becomes a reality. After $0.65 actual earnings per share reported by PennyMac Financial Services, Inc. for the previous quarter, Wall Street now forecasts 7.69% EPS growth.

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