Guild (NYSE:GHLD) Price Target Raised to $19.00 at Compass Point

Guild (NYSE:GHLD - Get Free Report) had its price objective increased by equities researchers at Compass Point from $16.00 to $19.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage presently has a "buy" rating on the stock. Compass Point's price objective points to a potential upside of 45.93% from the stock's previous close.

Other analysts have also recently issued research reports about the stock. Wells Fargo & Company decreased their price target on shares of Guild from $17.00 to $15.00 and set an "equal weight" rating on the stock in a research note on Thursday, November 7th. Wedbush reissued an "outperform" rating and set a $20.00 price target on shares of Guild in a research note on Thursday, November 7th. Finally, JPMorgan Chase & Co. reduced their price objective on Guild from $13.00 to $11.50 and set an "underweight" rating on the stock in a research note on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Guild has an average rating of "Moderate Buy" and a consensus target price of $16.67.

Guild Price Performance

Shares of Guild stock traded up $0.28 on Tuesday, hitting $13.02. 3,401 shares of the company traded hands, compared to its average volume of 13,142. Guild has a 52 week low of $11.21 and a 52 week high of $18.25. The business has a 50-day simple moving average of $13.61 and a 200 day simple moving average of $14.78. 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 stock has a market capitalization of $805.81 million, a P/E ratio of -8.40, a price-to-earnings-growth ratio of 0.27 and a beta of 1.00.

Institutional Investors Weigh In On Guild

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