Guild Holdings (NYSE:GHLD) Receives $16.67 Average Target Price from Analysts

Guild Holdings (NYSE:GHLD) has been assigned a consensus recommendation of “Hold” from the five brokerages that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $16.40.

A number of research firms have weighed in on GHLD. Wells Fargo & Company cut their price objective on shares of Guild from $17.00 to $15.00 and set an “equal weight” rating on the stock in a report on Thursday, November 7th. JPMorgan Chase & Co. reduced their price target on shares of Guild from $13.00 to $11.50 and set an “underweight” rating for the company in a research report on Tuesday, January 14th. Compass Point raised 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. Finally, Wedbush reiterated an “outperform” rating and set a $20.00 target price on shares of Guild in a research report on Thursday, November 7th.

Institutional Trading of Guild

A number of large investors have recently bought and sold shares of the business. Millennium Management LLC raised its holdings in shares of Guild by 18.6% in the fourth 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 last quarter. Citadel Advisors LLC increased its position in 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 acquiring an additional 6,134 shares during the period. Bayview Asset Management LLC raised its stake in Guild by 6.4% during the 4th quarter. Bayview Asset Management LLC now owns 1,595,844 shares of the company’s stock valued at $22,517,000 after acquiring an additional 95,327 shares during the last quarter. Basswood Capital Management L.L.C. raised its stake in Guild by 3.2% during the 4th quarter. Basswood Capital Management L.L.C. now owns 674,805 shares of the company’s stock valued at $9,521,000 after acquiring an additional 20,848 shares during the last quarter. Finally, Northern Trust Corp lifted its position in Guild by 8.3% during the 4th quarter. Northern Trust Corp now owns 22,421 shares of the company’s stock worth $316,000 after acquiring an additional 1,709 shares during the period. Institutional investors and hedge funds own 17.52% of the company’s stock.

Guild Price Performance

Shares of NYSE GHLD opened at $12.38 on Friday. The stock’s 50-day simple moving average is $13.05 and its 200-day simple moving average is $14.49. 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 firm has a market capitalization of $765.84 million, a PE ratio of -7.98, a price-to-earnings-growth ratio of 0.26 and a beta of 0.98. Guild has a fifty-two week low of $11.21 and a fifty-two week high of $18.25.

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.