Guild (NYSE:GHLD) Given a $15.50 Price Target at JMP Securities

Guild (NYSE:GHLD - Get Free Report) has been given a $15.50 price objective by research analysts at JMP Securities in a report issued on Tuesday, Marketbeat Ratings reports. The firm currently has a "market outperform" rating on the stock. JMP Securities' price target indicates a potential upside of 9.46% from the stock's previous close.

A number of other equities analysts have also recently issued reports on the stock. Wall Street Zen upgraded shares of Guild to a "hold" rating in a research report on Thursday, May 22nd. JPMorgan Chase & Co. upgraded shares of Guild from an "underweight" rating to a "neutral" rating and lowered their price objective for the stock from $12.50 to $12.00 in a research report on Tuesday, April 8th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Guild has an average rating of "Moderate Buy" and a consensus target price of $16.30.

Guild Price Performance

GHLD stock opened at $14.16 on Tuesday. The company has a 50 day simple moving average of $13.40 and a 200 day simple moving average of $13.29. The stock has a market cap of $880.89 million, a price-to-earnings ratio of -9.14, a P/E/G ratio of 0.27 and a beta of 0.81. Guild has a 1 year low of $11.21 and a 1 year high of $18.26. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.06 and a quick ratio of 0.06.

Hedge Funds Weigh In On Guild

Several large investors have recently modified their holdings of the business. Bayview Asset Management LLC raised its stake in shares of Guild by 6.4% during the fourth quarter. Bayview Asset Management LLC now owns 1,595,844 shares of the company's stock valued at $22,517,000 after acquiring an additional 95,327 shares during the last quarter. Basswood Capital Management L.L.C. raised 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 valued at $9,521,000 after acquiring an additional 20,848 shares during the last quarter. Adage Capital Partners GP L.L.C. raised its stake in shares of Guild by 4.5% during the first quarter. Adage Capital Partners GP L.L.C. now owns 657,132 shares of the company's stock valued at $10,054,000 after acquiring an additional 28,482 shares during the last quarter. Donald Smith & CO. Inc. raised its stake in shares of Guild by 10.5% during the first 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. Finally, HighTower Advisors LLC raised its stake in shares of Guild by 419.9% during the fourth quarter. HighTower Advisors LLC now owns 125,311 shares of the company's stock valued at $1,768,000 after acquiring an additional 101,209 shares during the last quarter. Institutional investors own 17.52% of the company's stock.

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.