Guild Holdings (NYSE:GHLD) Receives Average Rating of "Moderate Buy" from Brokerages

Shares of Guild Holdings (NYSE:GHLD - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the six brokerages that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $16.67.

A number of equities research analysts have issued reports on GHLD shares. Wedbush restated an "outperform" rating and set a $20.00 price target on shares of Guild in a report on Thursday, November 7th. JPMorgan Chase & Co. decreased their target price on Guild from $13.00 to $11.50 and set an "underweight" rating for the company in a research note on Tuesday, January 14th. Compass Point lifted their price target on Guild from $16.00 to $19.00 and gave the stock a "buy" rating in a research report on Tuesday, January 21st. Finally, Wells Fargo & Company reduced 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.

Guild Stock Down 1.8 %

Shares of GHLD traded down $0.23 during mid-day trading on Friday, reaching $12.38. The company's stock had a trading volume of 1,035 shares, compared to its average volume of 7,907. Guild has a 1 year low of $11.21 and a 1 year high of $18.25. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.92. The company has a market cap of $766.20 million, a price-to-earnings ratio of -7.99, a price-to-earnings-growth ratio of 0.26 and a beta of 0.98. The business has a fifty day moving average of $13.14 and a 200 day moving average of $14.54.

Institutional Trading of Guild

Several institutional investors have recently modified their holdings of GHLD. Millennium Management LLC raised its stake in shares of Guild by 18.6% in the fourth quarter. Millennium Management LLC now owns 15,441 shares of the company's stock valued at $218,000 after purchasing an additional 2,421 shares in the last quarter. Citadel Advisors LLC raised its stake in shares of Guild by 57.5% in the 4th quarter. Citadel Advisors LLC now owns 16,799 shares of the company's stock valued at $237,000 after buying an additional 6,134 shares in the last quarter. Bayview Asset Management LLC lifted its holdings in shares of Guild by 6.4% during the 4th quarter. Bayview Asset Management LLC now owns 1,595,844 shares of the company's stock worth $22,517,000 after acquiring an additional 95,327 shares during the period. Basswood Capital Management L.L.C. lifted its holdings in shares of Guild by 3.2% during the 4th quarter. Basswood Capital Management L.L.C. now owns 674,805 shares of the company's stock worth $9,521,000 after acquiring an additional 20,848 shares during the period. Finally, Northern Trust Corp boosted its position in shares of Guild by 8.3% during the 4th quarter. Northern Trust Corp now owns 22,421 shares of the company's stock valued at $316,000 after acquiring an additional 1,709 shares in the last quarter. Institutional investors and hedge funds own 17.52% of the company's stock.

Guild Company Profile

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.