Guild Holdings (NYSE:GHLD) Given Consensus Rating of “Hold” by Brokerages

Guild Holdings (NYSE:GHLD) has earned a consensus recommendation of “Hold” from the five ratings firms that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $16.20.

Several equities research analysts have recently weighed in on GHLD shares. Compass Point increased their target price on shares of Guild from $16.00 to $19.00 and gave the stock a “buy” rating in a research note on Tuesday. JPMorgan Chase & Co. dropped 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, January 14th. Wedbush restated an “outperform” rating and issued a $20.00 price target on shares of Guild in a report on Thursday, November 7th. Finally, Wells Fargo & Company lowered their target price on Guild from $17.00 to $15.00 and set an “equal weight” rating on the stock in a report on Thursday, November 7th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Geode Capital Management LLC increased its holdings in Guild by 2.0% in the third quarter. Geode Capital Management LLC now owns 98,244 shares of the company’s stock valued at $1,634,000 after buying an additional 1,901 shares during the last quarter. Empowered Funds LLC boosted its position in Guild by 5.3% during 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 during the period. Castleview Partners LLC bought a new position in Guild during the 3rd quarter worth $79,000. Renaissance Technologies LLC increased its position in Guild by 8.2% in the second 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 period. Finally, Basswood Capital Management L.L.C. grew its position in shares of Guild by 11.9% during the third quarter. Basswood Capital Management L.L.C. now owns 653,957 shares of the company’s stock worth $10,875,000 after acquiring an additional 69,603 shares during the last quarter. 17.52% of the stock is currently owned by hedge funds and other institutional investors.

Guild Stock Performance

Shares of NYSE GHLD traded up $0.25 during trading hours on Tuesday, reaching $12.99. The stock had a trading volume of 652 shares, compared to its average volume of 12,912. The firm has a market cap of $803.70 million, a price-to-earnings ratio of -8.38, a PEG ratio of 0.27 and a beta of 1.00. Guild has a fifty-two week low of $11.21 and a fifty-two week high of $18.25. The firm has a 50-day moving average of $13.61 and a 200-day moving average of $14.78. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.92.

Guild Company 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.