Guild Holdings (NYSE:GHLD) Short Interest Update

Guild Holdings (NYSE:GHLD - Get Free Report) was the recipient of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 10,200 shares, a decrease of 17.1% from the March 15th total of 12,300 shares. Based on an average trading volume of 11,300 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.1% of the shares of the stock are short sold.

Guild Trading Down 0.1 %

Shares of Guild stock traded down $0.01 during trading hours on Thursday, hitting $13.00. The company's stock had a trading volume of 2,081 shares, compared to its average volume of 12,825. Guild has a 12 month low of $11.21 and a 12 month high of $18.26. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.06 and a quick ratio of 0.06. The company has a market capitalization of $804.75 million, a PE ratio of -8.39, a price-to-earnings-growth ratio of 0.27 and a beta of 0.79. The stock has a 50 day moving average of $13.34 and a 200 day moving average of $13.62.

Guild Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 15.38%. The ex-dividend date was Monday, March 17th. Guild's dividend payout ratio (DPR) is presently 64.94%.

Analyst Ratings Changes

A number of analysts have commented on the stock. JPMorgan Chase & Co. raised shares of Guild from an "underweight" rating to a "neutral" rating and lowered their target price for the stock from $12.50 to $12.00 in a report on Tuesday, April 8th. Compass Point increased their target price on Guild from $16.00 to $19.00 and gave the company a "buy" rating in a research note on Tuesday, January 21st. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $16.50.

Institutional Investors Weigh In On Guild

Several institutional investors have recently added to or reduced their stakes in the stock. Bayview Asset Management LLC raised its stake in shares of Guild by 6.4% in the 4th quarter. Bayview Asset Management LLC now owns 1,595,844 shares of the company's stock valued at $22,517,000 after purchasing an additional 95,327 shares during the period. Basswood Capital Management L.L.C. grew its stake 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 in the last quarter. Adage Capital Partners GP L.L.C. raised its holdings in shares of Guild by 5.3% in the fourth quarter. Adage Capital Partners GP L.L.C. now owns 628,650 shares of the company's stock valued at $8,870,000 after purchasing an additional 31,540 shares during the last quarter. Donald Smith & CO. Inc. lifted its position in shares of Guild by 0.4% in the fourth quarter. Donald Smith & CO. Inc. now owns 344,742 shares of the company's stock worth $4,864,000 after purchasing an additional 1,535 shares in the last quarter. Finally, HighTower Advisors LLC grew its position in Guild by 419.9% in the fourth quarter. HighTower Advisors LLC now owns 125,311 shares of the company's stock valued at $1,768,000 after purchasing an additional 101,209 shares in the last quarter. 17.52% of the stock is owned by institutional investors.

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.