Guild Holdings Company (NYSE:GHLD) Receives Average Rating of "Hold" from Analysts

Guild Holdings Company (NYSE:GHLD - Get Free Report) has been given a consensus rating of "Hold" by the seven research firms that are currently covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $18.10.

A number of equities analysts recently issued reports on the stock. Compass Point lowered shares of Guild from a "strong-buy" rating to a "hold" rating and increased their target price for the company from $19.00 to $20.00 in a research report on Wednesday, June 18th. JPMorgan Chase & Co. upped their target price on Guild from $12.50 to $20.00 and gave the stock a "neutral" rating in a research report on Friday. Citizens Jmp cut Guild from a "strong-buy" rating to a "hold" rating in a research report on Thursday, June 19th. Wall Street Zen upgraded Guild to a "hold" rating in a report on Thursday, May 22nd. Finally, Citigroup reaffirmed an "outperform" rating on shares of Guild in a report on Tuesday, May 27th.

Guild Stock Performance

GHLD remained flat at $19.81 during trading hours on Friday. The company had a trading volume of 8,359 shares, compared to its average volume of 24,029. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 1.03. Guild has a 12-month low of $11.21 and a 12-month high of $20.15. The business's fifty day moving average is $15.78 and its 200-day moving average is $14.09. The stock has a market capitalization of $1.23 billion, a price-to-earnings ratio of 12.86, a PEG ratio of 1.12 and a beta of 0.94.

Institutional Investors Weigh In On Guild

Several hedge funds have recently modified their holdings of GHLD. Donald Smith & CO. Inc. increased its position in shares of Guild by 0.4% in the fourth quarter. Donald Smith & CO. Inc. now owns 344,742 shares of the company's stock worth $4,864,000 after acquiring an additional 1,535 shares in the last quarter. Northern Trust Corp boosted its stake in Guild by 8.3% in the 4th quarter. Northern Trust Corp now owns 22,421 shares of the company's stock worth $316,000 after purchasing an additional 1,709 shares during the period. Millennium Management LLC grew its position in Guild by 18.6% during the 4th quarter. Millennium Management LLC now owns 15,441 shares of the company's stock worth $218,000 after purchasing an additional 2,421 shares in the last quarter. Citadel Advisors LLC raised its stake in Guild by 57.5% during the 4th quarter. Citadel Advisors LLC now owns 16,799 shares of the company's stock valued at $237,000 after purchasing an additional 6,134 shares during the period. Finally, Basswood Capital Management L.L.C. lifted its holdings in shares of Guild by 3.2% in the fourth quarter. Basswood Capital Management L.L.C. now owns 674,805 shares of the company's stock valued at $9,521,000 after purchasing an additional 20,848 shares in the last quarter. 17.52% of the stock is owned by hedge funds and other institutional investors.

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.