Guild Holdings (NYSE:GHLD - Get Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 43,005 shares were traded during mid-day trading, an increase of 199% from the previous session's volume of 14,401 shares.The stock last traded at $12.73 and had previously closed at $12.72.
Analyst Ratings Changes
Several analysts recently commented on GHLD shares. Wedbush reaffirmed an "outperform" rating and set a $20.00 price objective on shares of Guild in a research note on Thursday, November 7th. JPMorgan Chase & Co. reduced their target price on shares of Guild from $13.00 to $11.50 and set an "underweight" rating for the company in a report on Tuesday. Finally, Wells Fargo & Company lowered 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. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, Guild currently has a consensus rating of "Hold" and a consensus price target of $16.20.
View Our Latest Report on GHLD
Guild Trading Up 0.9 %
The company has a market cap of $794.00 million, a P/E ratio of -8.28, a PEG ratio of 0.32 and a beta of 1.00. 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 $13.73 and a 200-day moving average price of $14.82.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of GHLD. Bridges Investment Management Inc. acquired a new stake in Guild in the 2nd quarter valued at about $10,497,000. Basswood Capital Management L.L.C. lifted its position in shares of Guild by 11.9% in the third quarter. Basswood Capital Management L.L.C. now owns 653,957 shares of the company's stock valued at $10,875,000 after buying an additional 69,603 shares during the last quarter. Empowered Funds LLC boosted its stake in shares of Guild by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 269,881 shares of the company's stock worth $4,488,000 after acquiring an additional 13,668 shares during the period. Geode Capital Management LLC increased its holdings in shares of Guild by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 98,244 shares of the company's stock worth $1,634,000 after acquiring an additional 1,901 shares during the last quarter. Finally, Renaissance Technologies LLC raised its stake in Guild by 8.2% in the 2nd quarter. Renaissance Technologies LLC now owns 27,700 shares of the company's stock valued at $410,000 after acquiring an additional 2,100 shares during the period. Institutional investors own 17.52% of the company's stock.
About Guild
(
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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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