Shares of Guild Holdings (NYSE:GHLD - Get Free Report) hit a new 52-week low during mid-day trading on Friday . The company traded as low as $12.56 and last traded at $12.56, with a volume of 628 shares traded. The stock had previously closed at $13.40.
Analyst Ratings Changes
A number of equities analysts have weighed in on the company. Wells Fargo & Company lowered their price objective on 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 restated an "outperform" rating and issued a $20.00 target price on shares of Guild in a report on Thursday, November 7th. Finally, JPMorgan Chase & Co. decreased their price objective on Guild from $14.50 to $13.00 and set an "underweight" rating for the company in a report on Monday, December 9th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $16.50.
Read Our Latest Research Report on GHLD
Guild Trading Down 7.8 %
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 firm has a market cap of $764.29 million, a PE ratio of -7.97, a P/E/G ratio of 0.32 and a beta of 1.00. The company's fifty day moving average price is $13.80 and its two-hundred day moving average price is $14.86.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the business. Castleview Partners LLC purchased a new position in Guild in the 3rd quarter valued at approximately $79,000. Renaissance Technologies LLC increased its holdings in shares of Guild by 8.2% during the 2nd quarter. Renaissance Technologies LLC now owns 27,700 shares of the company's stock worth $410,000 after buying an additional 2,100 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Guild by 2.0% in the 3rd 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. Empowered Funds LLC lifted its position in Guild by 5.3% during the third 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. Finally, Basswood Capital Management L.L.C. boosted its position in Guild by 11.9% during the 3rd quarter. Basswood Capital Management L.L.C. now owns 653,957 shares of the company's stock worth $10,875,000 after purchasing an additional 69,603 shares during the period. Hedge funds and other institutional investors own 17.52% of the company's stock.
About Guild
(
Get 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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