Credit Industriel ET Commercial Takes Position in Guild Holdings Company $GHLD

Key Points

• Credit Industriel ET Commercial acquired 80,000 shares of Guild Holdings Company (NYSE:GHLD), valued at approximately $1.58 million, representing about 0.13% ownership.
• The company recently announced a special dividend of $0.25 per share, which was paid to investors on September 2nd.
• Guild Holdings has received mixed ratings from analysts, with an average rating of "Hold" and a price target of $18.42.

Credit Industriel ET Commercial acquired a new stake in Guild Holdings Company (NYSE:GHLD - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 80,000 shares of the company's stock, valued at approximately $1,582,000. Credit Industriel ET Commercial owned about 0.13% of Guild at the end of the most recent reporting period.

Separately, Donald Smith & CO. Inc. raised its holdings in Guild by 10.5% in the 1st quarter. Donald Smith & CO. Inc. now owns 380,925 shares of the company's stock valued at $5,828,000 after acquiring an additional 36,183 shares during the last quarter. Institutional investors and hedge funds own 17.52% of the company's stock.

Wall Street Analyst Weigh In

GHLD has been the subject of several analyst reports. Citizens Jmp downgraded Guild from a "strong-buy" rating to a "hold" rating in a report on Thursday, June 19th. Weiss Ratings reiterated a "hold (c)" rating on shares of Guild in a research note on Wednesday, October 8th. JMP Securities reaffirmed a "market perform" rating on shares of Guild in a research note on Friday, June 20th. Zacks Research raised shares of Guild from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, October 7th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Guild from $12.50 to $20.00 and gave the company a "neutral" rating in a research note on Friday, July 11th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and eight have assigned a Hold rating to the company's stock. According to MarketBeat.com, Guild presently has an average rating of "Hold" and an average price target of $18.42.

Guild Stock Performance

Shares of NYSE:GHLD opened at $19.90 on Tuesday. The firm has a market capitalization of $1.24 billion, a PE ratio of 51.04, a P/E/G ratio of 1.06 and a beta of 0.93. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.05 and a quick ratio of 0.05. The business has a 50-day moving average of $19.94 and a two-hundred day moving average of $17.31. Guild Holdings Company has a 12 month low of $11.21 and a 12 month high of $23.57.

Guild Announces Dividend

The firm also recently announced a special dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 18th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, August 18th.

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.

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