PennyMac Financial Services, Inc. (PFSI) Forms $22.85 Double Top; Inovalon Holdings, Inc. (INOV) Had 1 Bullish Analysts

PennyMac Financial Services, Inc. (PFSI) formed double top with $23.54 target or 3.00% above today’s $22.85 share price. PennyMac Financial Services, Inc. (PFSI) has $1.75 billion valuation. The stock increased 0.44% or $0.1 during the last trading session, reaching $22.85. About 92,857 shares traded. PennyMac Financial Services, Inc. (NYSE:PFSI) has risen 22.47% since January 27, 2017 and is uptrending. It has outperformed by 5.77% the S&P500.

Among 11 analysts covering Inovalon Holdings Inc (NASDAQ:INOV), 1 have Buy rating, 1 Sell and 9 Hold. Therefore 9% are positive. Inovalon Holdings Inc had 22 analyst reports since August 6, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained it with “Overweight” rating and $20 target in Tuesday, August 16 report. The stock of Inovalon Holdings, Inc. (NASDAQ:INOV) has “Americas Conviction List” rating given on Tuesday, August 18 by Goldman Sachs. The rating was downgraded by Morgan Stanley to “Underweight” on Wednesday, March 30. The stock of Inovalon Holdings, Inc. (NASDAQ:INOV) has “Buy” rating given on Tuesday, August 25 by William Blair. KeyBanc Capital Markets maintained the shares of INOV in report on Monday, October 16 with “Hold” rating. Robert W. Baird maintained it with “Hold” rating and $13.0 target in Tuesday, September 12 report. The company was downgraded on Tuesday, December 13 by Wells Fargo. The stock of Inovalon Holdings, Inc. (NASDAQ:INOV) earned “Overweight” rating by Pacific Crest on Tuesday, March 29. The stock of Inovalon Holdings, Inc. (NASDAQ:INOV) earned “Hold” rating by KeyBanc Capital Markets on Tuesday, September 12. The stock of Inovalon Holdings, Inc. (NASDAQ:INOV) earned “Outperform” rating by Wells Fargo on Friday, August 7. See Inovalon Holdings, Inc. (NASDAQ:INOV) latest ratings:

16/10/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
13/10/2017 Broker: Robert W. Baird Rating: Hold New Target: $13.0 Maintain
12/09/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
12/09/2017 Broker: Robert W. Baird Rating: Hold New Target: $13.0 Maintain
12/09/2017 Broker: Morgan Stanley Old Rating: Underweight New Rating: Equal-Weight Old Target: $9 New Target: $14 Upgrade

Inovalon Holdings, Inc., a technology company, provides cloud platforms empowering a data-driven transformation from volume to value models throughout the healthcare industry. The company has market cap of $1.98 billion. The firm through, large-scale data interconnectivity capabilities, unparalleled proprietary data sets, advanced analytics, data-driven intervention systems, and industry-leading subject matter expertise, enables the assessment and improvement of clinical and quality outcomes, and financial performance across the healthcare ecosystem. It has a 111.48 P/E ratio. It serves health plans and well-known provider organizations, as well as pharmaceutical, medical device, and diagnostics companies.

The stock increased 5.02% or $0.65 during the last trading session, reaching $13.6. About 530,526 shares traded. Inovalon Holdings, Inc. (NASDAQ:INOV) has declined 28.38% since January 27, 2017 and is downtrending. It has underperformed by 45.08% the S&P500.

Among 10 analysts covering PennyMac Financial Services (NYSE:PFSI), 4 have Buy rating, 1 Sell and 5 Hold. Therefore 40% are positive. PennyMac Financial Services has $31.0 highest and $14 lowest target. $20.63’s average target is -9.72% below currents $22.85 stock price. PennyMac Financial Services had 27 analyst reports since December 10, 2015 according to SRatingsIntel. On Sunday, September 17 the stock rating was maintained by Piper Jaffray with “Buy”. Wood maintained the shares of PFSI in report on Friday, April 7 with “Buy” rating. The stock of PennyMac Financial Services, Inc. (NYSE:PFSI) has “Buy” rating given on Thursday, November 2 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained PennyMac Financial Services, Inc. (NYSE:PFSI) on Thursday, September 28 with “Buy” rating. The firm has “Neutral” rating given on Wednesday, January 13 by Goldman Sachs. Piper Jaffray reinitiated PennyMac Financial Services, Inc. (NYSE:PFSI) on Friday, September 9 with “Overweight” rating. Barclays Capital initiated PennyMac Financial Services, Inc. (NYSE:PFSI) rating on Thursday, December 10. Barclays Capital has “Overweight” rating and $20 target. The stock of PennyMac Financial Services, Inc. (NYSE:PFSI) has “Buy” rating given on Thursday, December 21 by Keefe Bruyette & Woods. The rating was downgraded by Bank of America on Thursday, December 15 to “Underperform”. The stock has “Neutral” rating by Compass Point on Wednesday, September 28.

Investors sentiment decreased to 1.06 in Q3 2017. Its down 0.26, from 1.32 in 2017Q2. It worsened, as 13 investors sold PennyMac Financial Services, Inc. shares while 22 reduced holdings. 12 funds opened positions while 25 raised stakes. 21.18 million shares or 4.21% more from 20.32 million shares in 2017Q2 were reported. 14,827 are owned by Sg Americas Ltd Liability Co. Legal And General Grp Public Ltd Liability Corp holds 0% or 5,006 shares. 29,750 are owned by Grantham Mayo Van Otterloo Llc. Ameritas Inv Prns holds 0% or 1,102 shares. Mangrove Prtn stated it has 2.19% in PennyMac Financial Services, Inc. (NYSE:PFSI). 3,900 were reported by Strs Ohio. Tiaa Cref Inv Mgmt Ltd Liability accumulated 40,922 shares or 0% of the stock. Moreover, Peak6 Invests Limited Partnership has 0% invested in PennyMac Financial Services, Inc. (NYSE:PFSI). Alliancebernstein Limited Partnership reported 0% stake. Dimensional Fund Advsr Lp stated it has 0% in PennyMac Financial Services, Inc. (NYSE:PFSI). Moreover, Nordea Investment Ab has 0.01% invested in PennyMac Financial Services, Inc. (NYSE:PFSI) for 146,700 shares. Natl Bank Of America Corporation De holds 12,747 shares. Brandywine Global Mngmt Limited Liability Corporation stated it has 0% in PennyMac Financial Services, Inc. (NYSE:PFSI). Tci Wealth Incorporated holds 186 shares or 0% of its portfolio. Vanguard Group Inc accumulated 1.67M shares or 0% of the stock.

Since August 1, 2017, it had 0 insider purchases, and 35 selling transactions for $6.10 million activity. 15,000 PennyMac Financial Services, Inc. (NYSE:PFSI) shares with value of $330,179 were sold by Jones Doug. $204,105 worth of PennyMac Financial Services, Inc. (NYSE:PFSI) shares were sold by Grogin Jeffrey. $181,675 worth of PennyMac Financial Services, Inc. (NYSE:PFSI) shares were sold by Walker David M. Shares for $237,928 were sold by Botein Matthew. $84,740 worth of PennyMac Financial Services, Inc. (NYSE:PFSI) shares were sold by MCCALLION ANNE. KURLAND STANFORD L sold $198,216 worth of stock. Perotti Daniel Stanley sold $125,166 worth of stock.

Analysts await PennyMac Financial Services, Inc. (NYSE:PFSI) to report earnings on February, 7. They expect $0.66 earnings per share, down 34.00% or $0.34 from last year’s $1 per share. PFSI’s profit will be $50.63M for 8.66 P/E if the $0.66 EPS becomes a reality. After $0.71 actual earnings per share reported by PennyMac Financial Services, Inc. for the previous quarter, Wall Street now forecasts -7.04% negative EPS growth.