Guild Holdings (NYSE:GHLD) is Bayview Asset Management LLC's Largest Position

Bayview Asset Management LLC boosted its stake in shares of Guild Holdings (NYSE:GHLD - Free Report) by 6.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,595,844 shares of the company's stock after purchasing an additional 95,327 shares during the quarter. Guild makes up 18.2% of Bayview Asset Management LLC's investment portfolio, making the stock its biggest holding. Bayview Asset Management LLC owned approximately 2.58% of Guild worth $22,517,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the stock. Basswood Capital Management L.L.C. grew its stake in shares of Guild by 3.2% during the fourth quarter. Basswood Capital Management L.L.C. now owns 674,805 shares of the company's stock worth $9,521,000 after purchasing an additional 20,848 shares in the last quarter. Northern Trust Corp boosted its position in shares of 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 in the last quarter. Adage Capital Partners GP L.L.C. increased its holdings in shares of Guild by 5.3% in the 4th quarter. Adage Capital Partners GP L.L.C. now owns 628,650 shares of the company's stock valued at $8,870,000 after acquiring an additional 31,540 shares during the last quarter. Donald Smith & CO. Inc. raised its position in shares of Guild by 0.4% during the 4th 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. Finally, HighTower Advisors LLC lifted its stake in Guild by 419.9% during the fourth quarter. HighTower Advisors LLC now owns 125,311 shares of the company's stock worth $1,768,000 after purchasing an additional 101,209 shares during the last quarter. Institutional investors and hedge funds own 17.52% of the company's stock.

Analyst Upgrades and Downgrades

GHLD has been the topic of a number of research analyst reports. Compass Point raised their price objective on shares of Guild from $16.00 to $19.00 and gave the stock a "buy" rating in a report on Tuesday, January 21st. JPMorgan Chase & Co. upgraded shares of Guild from an "underweight" rating to a "neutral" rating and cut their price target for the stock from $12.50 to $12.00 in a research note on Tuesday, April 8th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Guild currently has an average rating of "Moderate Buy" and a consensus target price of $16.50.

Guild Stock Performance

Guild stock traded up $0.01 during midday trading on Friday, hitting $13.51. 472 shares of the company's stock were exchanged, compared to its average volume of 10,678. 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 stock has a market cap of $836.32 million, a price-to-earnings ratio of -8.72, a price-to-earnings-growth ratio of 0.27 and a beta of 0.81. Guild Holdings has a 12-month low of $11.21 and a 12-month high of $18.25. The firm's 50 day simple moving average is $13.46 and its 200 day simple moving average is $13.41.

Guild Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 14.80%. The ex-dividend date was Monday, March 17th. Guild's dividend payout ratio (DPR) is presently 64.94%.

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.