Basswood Capital Management L.L.C. boosted its position in shares of Guild Holdings (NYSE:GHLD - Free Report) by 11.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 653,957 shares of the company's stock after buying an additional 69,603 shares during the period. Basswood Capital Management L.L.C. owned 1.07% of Guild worth $10,875,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of the company. Renaissance Technologies LLC grew its position in shares of Guild by 8.2% in the second quarter. Renaissance Technologies LLC now owns 27,700 shares of the company's stock valued at $410,000 after purchasing an additional 2,100 shares in the last quarter. Bridges Investment Management Inc. purchased a new stake in shares of Guild in the second quarter valued at approximately $10,497,000. Castleview Partners LLC purchased a new stake in shares of Guild in the third quarter valued at approximately $79,000. Finally, Empowered Funds LLC grew its position in shares of Guild by 5.3% in the third quarter. Empowered Funds LLC now owns 269,881 shares of the company's stock valued at $4,488,000 after purchasing an additional 13,668 shares in the last quarter. 17.52% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several brokerages recently weighed in on GHLD. Wedbush reiterated an "outperform" rating and issued a $20.00 price objective on shares of Guild in a research report on Thursday, November 7th. Wells Fargo & Company lowered their price objective on Guild from $17.00 to $15.00 and set an "equal weight" rating for the company in a research report on Thursday, November 7th. Finally, JPMorgan Chase & Co. decreased their price target on Guild from $17.00 to $14.50 and set an "underweight" rating on the stock in a research note on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $16.80.
Get Our Latest Analysis on Guild
Guild Trading Up 0.9 %
NYSE:GHLD traded up $0.12 during trading hours on Monday, reaching $13.62. 5,009 shares of the stock were exchanged, compared to its average volume of 12,853. The company has a market capitalization of $842.89 million, a price-to-earnings ratio of -8.71, a PEG ratio of 0.31 and a beta of 1.07. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.92. Guild Holdings has a twelve month low of $11.04 and a twelve month high of $18.25. The business has a 50-day moving average of $14.95 and a two-hundred day moving average of $15.07.
About Guild
(
Free Report)
Guild Holdings Company originates, sells, and services residential mortgage loans in the United States. It operates in two segments, Origination and Servicing. The company offers residential mortgages through retail and correspondent channels. Guild Holdings Company was incorporated in 1960 and is headquartered in San Diego, California.
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