HighTower Advisors LLC Has $1.77 Million Stock Holdings in Guild Holdings (NYSE:GHLD)

HighTower Advisors LLC increased its holdings in shares of Guild Holdings (NYSE:GHLD - Free Report) by 419.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 125,311 shares of the company's stock after buying an additional 101,209 shares during the quarter. HighTower Advisors LLC owned 0.20% of Guild worth $1,768,000 as of its most recent SEC filing.

Separately, Geode Capital Management LLC increased its holdings in 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 purchasing an additional 1,901 shares in the last quarter. Institutional investors and hedge funds own 17.52% of the company's stock.

Guild Stock Up 3.4 %

GHLD traded up $0.45 on Thursday, hitting $13.71. 12,914 shares of the company were exchanged, compared to its average volume of 8,569. The stock's fifty day moving average is $12.83 and its 200-day moving average is $14.01. Guild Holdings has a 12 month low of $11.21 and a 12 month high of $18.25. 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 company has a market cap of $848.70 million, a PE ratio of -8.85, a PEG ratio of 0.27 and a beta of 0.98.

Guild Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 14.59%. The ex-dividend date is Monday, March 17th. Guild's dividend payout ratio is currently 64.94%.

Remove Ads

Analyst Ratings Changes

A number of research firms recently issued reports on GHLD. Compass Point increased their price objective on Guild from $16.00 to $19.00 and gave the stock a "buy" rating in a report on Tuesday, January 21st. JPMorgan Chase & Co. raised their price target on shares of Guild from $11.50 to $12.50 and gave the stock an "underweight" rating in a research note on Friday, March 7th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $16.60.

Guild 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.