Executive VP and Co-COO of LENDER PROCESSING (LPS, Financial) Eric D Swenson sells 82,186 shares of LPS on 08/03/2009 at an average price of $34.07 a share.
LENDER PROCESSING SERVICES INC. is a leading provider of integrated technology and services to the mortgage industry. LPS offers solutions that span the mortgage continuum including lead generation origination servicing portfolio retention and default augmented by the company\'s award- winning customer support and professional services. Approximately fifty percent of all U.S. mortgages are serviced using LPS\' Mortgage Servicing Package. In fact many of the nation\'s top servicers rely on MSP including seven of the top ten and sixteen of the top twenty. LPS also offers proprietary mortgage and real estate data and analytics for the mortgage and capital markets industries. LENDER PROCESSING has a market cap of $3.2 billion; its shares were traded at around $33.5 with a P/E ratio of 12.4 and P/S ratio of 1.7. The dividend yield of LENDER PROCESSING stocks is 1.2%.
LPS is in the portfolios of Ronald Muhlenkamp of Muhlenkamp Fund, Andreas Halvorsen of Viking Global Investors LP, Lee Ainslie of Maverick Capital, John Keeley of Keeley Fund Management.
Recent Trades of LENDER PROCESSING by Directors and Officers:
LENDER PROCESSING SERVICES INC. is a leading provider of integrated technology and services to the mortgage industry. LPS offers solutions that span the mortgage continuum including lead generation origination servicing portfolio retention and default augmented by the company\'s award- winning customer support and professional services. Approximately fifty percent of all U.S. mortgages are serviced using LPS\' Mortgage Servicing Package. In fact many of the nation\'s top servicers rely on MSP including seven of the top ten and sixteen of the top twenty. LPS also offers proprietary mortgage and real estate data and analytics for the mortgage and capital markets industries. LENDER PROCESSING has a market cap of $3.2 billion; its shares were traded at around $33.5 with a P/E ratio of 12.4 and P/S ratio of 1.7. The dividend yield of LENDER PROCESSING stocks is 1.2%.
LPS is in the portfolios of Ronald Muhlenkamp of Muhlenkamp Fund, Andreas Halvorsen of Viking Global Investors LP, Lee Ainslie of Maverick Capital, John Keeley of Keeley Fund Management.
Recent Trades of LENDER PROCESSING by Directors and Officers:
- Sell: Director Cary H Thompson sold 12,486 shares of LPS stock on 03/13/2009 at the average price of $27.15; the price of the stock has increased by 23.39% since.
- Sell: Director Daniel D Lane sold 78,499 shares of LPS stock on 03/12/2009 at the average price of $25.45; the price of the stock has increased by 31.63% since.
