Guild Holdings (NYSE:GHLD) Receives $16.20 Consensus Target Price from Analysts

Shares of Guild Holdings (NYSE:GHLD - Get Free Report) have been given a consensus rating of "Moderate Buy" by the six analysts that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $16.67.

A number of brokerages have issued reports on GHLD. JPMorgan Chase & Co. cut their price target on shares of Guild from $13.00 to $11.50 and set an "underweight" rating on the stock in a research note on Tuesday, January 14th. Wells Fargo & Company reduced their target price on shares of Guild from $17.00 to $15.00 and set an "equal weight" rating on the stock in a report on Thursday, November 7th. Wedbush reaffirmed an "outperform" rating and set a $20.00 price objective on shares of Guild in a research report on Thursday, November 7th. Finally, Compass Point lifted their target price on Guild from $16.00 to $19.00 and gave the company a "buy" rating in a report on Tuesday.

Guild Trading Up 2.2 %

Shares of NYSE GHLD traded up $0.28 during trading on Tuesday, reaching $13.02. The stock had a trading volume of 3,401 shares, compared to its average volume of 13,142. The business's 50-day moving average price is $13.61 and its 200-day moving average price is $14.78. Guild has a fifty-two week low of $11.21 and a fifty-two week high of $18.25. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.06 and a current ratio of 0.06. The company has a market cap of $805.81 million, a P/E ratio of -8.40, a PEG ratio of 0.27 and a beta of 1.00.

Institutional Investors Weigh In On Guild

Several institutional investors have recently modified their holdings of GHLD. Castleview Partners LLC acquired a new stake in Guild in the third quarter valued at $79,000. Renaissance Technologies LLC increased its holdings in shares of Guild by 8.2% in the 2nd quarter. Renaissance Technologies LLC now owns 27,700 shares of the company's stock valued at $410,000 after acquiring an additional 2,100 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Guild by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 98,244 shares of the company's stock worth $1,634,000 after acquiring an additional 1,901 shares in the last quarter. Empowered Funds LLC lifted its stake in Guild by 5.3% during the third quarter. Empowered Funds LLC now owns 269,881 shares of the company's stock worth $4,488,000 after purchasing an additional 13,668 shares during the last quarter. Finally, Basswood Capital Management L.L.C. boosted its holdings in Guild by 11.9% in the third quarter. Basswood Capital Management L.L.C. now owns 653,957 shares of the company's stock valued at $10,875,000 after purchasing an additional 69,603 shares in the last quarter. 17.52% of the stock is owned by hedge funds and other institutional investors.

About Guild

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.