Guild Holdings Company (NYSE:GHLD) Receives Average Recommendation of "Hold" from Brokerages

Guild Holdings Company (NYSE:GHLD - Get Free Report) has been given a consensus recommendation of "Hold" by the eight research firms that are presently covering the firm, MarketBeat reports. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $18.4167.

A number of research analysts have issued reports on the company. Wall Street Zen raised Guild to a "hold" rating in a report on Thursday, May 22nd. JMP Securities reiterated a "market perform" rating on shares of Guild in a research note on Friday, June 20th. Compass Point lowered shares of Guild from a "strong-buy" rating to a "hold" rating and raised their price target for the company from $19.00 to $20.00 in a research report on Wednesday, June 18th. JPMorgan Chase & Co. upped their price objective on shares of Guild from $12.50 to $20.00 and gave the stock a "neutral" rating in a research report on Friday, July 11th. Finally, Citigroup reissued an "outperform" rating on shares of Guild in a research note on Tuesday, May 27th.

Guild Stock Performance

Shares of GHLD stock opened at $19.88 on Tuesday. Guild has a 52-week low of $11.21 and a 52-week high of $20.15. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 1.03. The stock has a market cap of $1.24 billion, a PE ratio of 28.80, a price-to-earnings-growth ratio of 1.13 and a beta of 0.94. The business has a 50-day simple moving average of $18.14 and a 200-day simple moving average of $14.85.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Wolverine Asset Management LLC acquired a new stake in Guild in the 2nd quarter worth about $65,000. Millennium Management LLC boosted its stake in shares of Guild by 18.6% in the fourth quarter. Millennium Management LLC now owns 15,441 shares of the company's stock worth $218,000 after acquiring an additional 2,421 shares during the last quarter. Citadel Advisors LLC increased its position in shares of Guild by 57.5% during the fourth quarter. Citadel Advisors LLC now owns 16,799 shares of the company's stock worth $237,000 after purchasing an additional 6,134 shares in the last quarter. Northern Trust Corp raised its stake in Guild by 8.3% in the 4th quarter. Northern Trust Corp now owns 22,421 shares of the company's stock valued at $316,000 after purchasing an additional 1,709 shares during the last quarter. Finally, Credit Industriel ET Commercial acquired a new position in Guild in the 2nd quarter valued at $1,582,000. Institutional investors and hedge funds own 17.52% of the company's stock.

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.

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