Guild (NYSE:GHLD) PT Set at $15.50 by JMP Securities

JMP Securities set a $15.50 price objective on Guild (NYSE:GHLD - Free Report) in a report released on Tuesday, Marketbeat reports. The firm currently has a market outperform rating on the stock.

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

Guild Trading Down 3.4%

Shares of NYSE GHLD traded down $0.49 during trading on Tuesday, reaching $13.70. The company had a trading volume of 2,742 shares, compared to its average volume of 13,316. The stock has a market cap of $851.97 million, a P/E ratio of -8.84, a PEG ratio of 0.27 and a beta of 0.81. The company's fifty day moving average price is $13.42 and its 200-day moving average price is $13.28. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.92. Guild has a 12 month low of $11.21 and a 12 month high of $18.26.

Guild Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 14.60%. The ex-dividend date was Monday, March 17th. Guild's dividend payout ratio (DPR) is currently 144.93%.

Institutional Trading of Guild

Several large investors have recently made changes to their positions in the company. Millennium Management LLC grew its position in Guild by 18.6% in the 4th quarter. Millennium Management LLC now owns 15,441 shares of the company's stock valued at $218,000 after purchasing an additional 2,421 shares during the period. 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 acquiring an additional 6,134 shares in the last quarter. Northern Trust Corp raised its holdings in shares of 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 acquiring an additional 1,709 shares during the last quarter. HighTower Advisors LLC lifted its position 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 acquiring an additional 101,209 shares in the last quarter. Finally, Donald Smith & CO. Inc. lifted its position in Guild by 0.4% in the 4th quarter. Donald Smith & CO. Inc. now owns 344,742 shares of the company's stock valued at $4,864,000 after acquiring an additional 1,535 shares in the last quarter. 17.52% of the stock is currently owned by institutional investors and hedge funds.

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.