Guild Holdings Company (NYSE:GHLD) Receives $16.50 Average PT from Analysts

Guild Holdings Company (NYSE:GHLD - Get Free Report) has earned a consensus recommendation of "Hold" from the seven research firms that are covering the firm, MarketBeat reports. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $18.10.

A number of brokerages have commented on GHLD. JPMorgan Chase & Co. lifted their price target on Guild from $12.50 to $20.00 and gave the stock a "neutral" rating in a research report on Friday. Compass Point cut Guild from a "strong-buy" rating to a "hold" rating and lifted their price target for the stock from $19.00 to $20.00 in a research report on Wednesday, June 18th. JMP Securities reissued a "market perform" rating on shares of Guild in a report on Friday, June 20th. Wall Street Zen raised Guild to a "hold" rating in a report on Thursday, May 22nd. Finally, Citizens Jmp cut Guild from a "strong-buy" rating to a "hold" rating in a report on Thursday, June 19th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. HighTower Advisors LLC raised its holdings in 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 buying an additional 101,209 shares during the period. Bayview Asset Management LLC increased 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 worth $22,517,000 after buying an additional 95,327 shares during the period. Donald Smith & CO. Inc. increased its stake in Guild by 10.5% during the 1st quarter. Donald Smith & CO. Inc. now owns 380,925 shares of the company's stock worth $5,828,000 after buying an additional 36,183 shares during the period. Adage Capital Partners GP L.L.C. grew its holdings in Guild by 5.3% during the 4th quarter. Adage Capital Partners GP L.L.C. now owns 628,650 shares of the company's stock worth $8,870,000 after acquiring an additional 31,540 shares in the last quarter. Finally, Basswood Capital Management L.L.C. grew its holdings 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 worth $9,521,000 after acquiring an additional 20,848 shares in the last quarter. 17.52% of the stock is owned by hedge funds and other institutional investors.

Guild Stock Up 0.1%

Shares of NYSE:GHLD traded up $0.01 on Friday, reaching $19.82. The company had a trading volume of 8,918 shares, compared to its average volume of 31,813. Guild has a 52-week low of $11.21 and a 52-week high of $20.15. The firm's 50 day simple moving average is $15.93 and its 200-day simple moving average is $14.13. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 1.03. The firm has a market capitalization of $1.23 billion, a PE ratio of 28.72, a PEG ratio of 1.12 and a beta of 0.94.

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.