Guild Holdings (NYSE:GHLD - Get Free Report)'s share price fell 1.3% on Wednesday . The stock traded as low as $13.27 and last traded at $13.38. 4,939 shares were traded during mid-day trading, a decline of 61% from the average session volume of 12,559 shares. The stock had previously closed at $13.55.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on the stock. JPMorgan Chase & Co. upgraded shares of Guild from an "underweight" rating to a "neutral" rating and dropped their price objective for the stock from $12.50 to $12.00 in a report on Tuesday, April 8th. Compass Point boosted their price target on Guild from $16.00 to $19.00 and gave the company a "buy" rating in a report on Tuesday, January 21st. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $16.50.
View Our Latest Report on GHLD
Guild Stock Performance
The company has a market capitalization of $829.51 million, a P/E ratio of -8.65, a PEG ratio of 0.27 and a beta of 0.79. The stock's fifty day moving average price is $13.26 and its 200-day moving average price is $13.76. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.06 and a current ratio of 0.06.
Guild Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 14.93%. The ex-dividend date was Monday, March 17th. Guild's payout ratio is 64.94%.
Institutional Investors Weigh In On Guild
A number of hedge funds and other institutional investors have recently modified their holdings of the company. HighTower Advisors LLC increased its position in shares of Guild by 419.9% in the fourth quarter. HighTower Advisors LLC now owns 125,311 shares of the company's stock worth $1,768,000 after purchasing an additional 101,209 shares during the period. Geode Capital Management LLC grew its stake in Guild by 2.0% during the third quarter. Geode Capital Management LLC now owns 98,244 shares of the company's stock worth $1,634,000 after buying an additional 1,901 shares in the last quarter. Donald Smith & CO. Inc. increased 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 buying an additional 1,535 shares during the period. Millennium Management LLC increased its holdings in Guild by 18.6% in the 4th quarter. Millennium Management LLC now owns 15,441 shares of the company's stock valued at $218,000 after buying an additional 2,421 shares during the period. Finally, Citadel Advisors LLC raised its position in shares of Guild by 57.5% in the 4th quarter. Citadel Advisors LLC now owns 16,799 shares of the company's stock valued at $237,000 after buying an additional 6,134 shares in the last quarter. Institutional investors and hedge funds own 17.52% of the company's stock.
Guild Company Profile
(
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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