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

Guild Holdings (NYSE:GHLD) has been assigned an average rating of “Hold” from the five ratings firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $16.40.

A number of brokerages have issued reports on GHLD. Wells Fargo & Company cut their target price on Guild from $17.00 to $15.00 and set an “equal weight” rating on the stock in a research report on Thursday, November 7th. JPMorgan Chase & Co. dropped their price objective on Guild from $13.00 to $11.50 and set an “underweight” rating for the company in a research note on Tuesday, January 14th. Wedbush reissued an “outperform” rating and set a $20.00 target price on shares of Guild in a research note on Thursday, November 7th. Finally, Compass Point lifted their target price on Guild from $16.00 to $19.00 and gave the company a “buy” rating in a research report on Tuesday, January 21st.

Institutional Investors Weigh In On Guild

Several large investors have recently bought and sold shares of the stock. Castleview Partners LLC acquired a new position in shares of Guild during the third quarter worth about $79,000. Empowered Funds LLC lifted its stake in Guild by 5.3% in the third 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 last quarter. Basswood Capital Management L.L.C. lifted its stake in Guild by 11.9% in 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. Geode Capital Management LLC grew 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 acquiring an additional 1,901 shares in the last quarter. Finally, HighTower Advisors LLC increased its position in shares of 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 during the last quarter. Hedge funds and other institutional investors own 17.52% of the company’s stock.

Guild Price Performance

Shares of GHLD opened at $12.38 on Friday. The firm has a 50-day simple moving average of $13.05 and a two-hundred day simple moving average of $14.49. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.06 and a quick ratio of 0.06. Guild has a 1-year low of $11.21 and a 1-year high of $18.25. The stock has a market cap of $765.84 million, a PE ratio of -7.98, a P/E/G ratio of 0.26 and a beta of 0.98.

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.