Guild (NYSE:GHLD) Sees Unusually-High Trading Volume - What's Next?

Guild Holdings (NYSE:GHLD - Get Free Report) shares saw an uptick in trading volume on Tuesday . 6,425 shares changed hands during trading, a decline of 24% from the previous session's volume of 8,441 shares.The stock last traded at $12.50 and had previously closed at $12.70.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on GHLD. Wells Fargo & Company cut their price objective 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. JPMorgan Chase & Co. lowered their price objective on Guild from $13.00 to $11.50 and set an "underweight" rating on the stock in a research report on Tuesday, January 14th. Compass Point upped their price objective on Guild from $16.00 to $19.00 and gave the stock a "buy" rating in a research report on Tuesday, January 21st. Finally, Wedbush restated an "outperform" rating and issued a $20.00 price objective on shares of Guild in a research report on Thursday, November 7th. One investment 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, the stock presently has an average rating of "Moderate Buy" and an average target price of $16.67.

Guild Stock Up 3.0 %

The stock has a market cap of $780.80 million, a PE ratio of -8.14, a price-to-earnings-growth ratio of 0.26 and a beta of 0.98. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.92. The business has a 50-day moving average price of $13.17 and a 200-day moving average price of $14.56.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Castleview Partners LLC purchased a new position in shares of Guild during the 3rd quarter valued at approximately $79,000. Geode Capital Management LLC lifted its holdings in Guild by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 98,244 shares of the company's stock valued at $1,634,000 after purchasing an additional 1,901 shares in the last quarter. HighTower Advisors LLC lifted its holdings in Guild by 419.9% in the 4th 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. Empowered Funds LLC lifted its holdings in Guild by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 269,881 shares of the company's stock valued at $4,488,000 after purchasing an additional 13,668 shares in the last quarter. Finally, Donald Smith & CO. Inc. lifted its holdings in Guild by 0.4% in the 4th quarter. Donald Smith & CO. Inc. now owns 344,742 shares of the company's stock valued at $4,864,000 after purchasing an additional 1,535 shares in the last quarter. Hedge funds and other institutional investors own 17.52% of the company's stock.

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.