Guild (NYSE:GHLD) Receives "Neutral" Rating from Compass Point

Guild (NYSE:GHLD - Get Free Report)'s stock had its "neutral" rating reiterated by equities researchers at Compass Point in a research report issued to clients and investors on Wednesday,Benzinga reports. They presently have a $20.00 target price on the stock, up from their previous target price of $19.00. Compass Point's target price would suggest a potential upside of 1.16% from the stock's previous close.

Several other equities research analysts have also recently commented on the stock. Citigroup reaffirmed an "outperform" rating on shares of Guild in a research report on Tuesday, May 27th. JPMorgan Chase & Co. raised shares of Guild from an "underweight" rating to a "neutral" rating and decreased their price target for the stock from $12.50 to $12.00 in a research note on Tuesday, April 8th. JMP Securities set a $15.50 price objective on shares of Guild and gave the stock a "market outperform" rating in a report on Tuesday, May 27th. Finally, Wall Street Zen upgraded Guild to a "hold" rating in a report on Thursday, May 22nd. Four analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, Guild currently has a consensus rating of "Hold" and a consensus target price of $16.50.

Guild Trading Up 25.8%

Shares of NYSE GHLD traded up $4.05 during midday trading on Wednesday, reaching $19.77. The company had a trading volume of 527,196 shares, compared to its average volume of 15,344. The stock has a market cap of $1.23 billion, a PE ratio of 28.65, a price-to-earnings-growth ratio of 0.89 and a beta of 0.81. Guild has a one year low of $11.21 and a one year high of $20.22. The firm's fifty day moving average price is $13.50 and its 200-day moving average price is $13.36. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 1.03.

Hedge Funds Weigh In On Guild

Large investors have recently added to or reduced their stakes in the company. Bayview Asset Management LLC raised its position 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 buying an additional 95,327 shares during the last quarter. Basswood Capital Management L.L.C. grew its stake in 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 in the last quarter. Adage Capital Partners GP L.L.C. increased its holdings in Guild by 4.5% in the 1st 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. lifted its stake in Guild by 10.5% in the 1st quarter. Donald Smith & CO. Inc. now owns 380,925 shares of the company's stock worth $5,828,000 after purchasing an additional 36,183 shares in the last quarter. Finally, HighTower Advisors LLC boosted its holdings in shares of Guild by 419.9% during the 4th quarter. HighTower Advisors LLC now owns 125,311 shares of the company's stock valued at $1,768,000 after purchasing an additional 101,209 shares during the last quarter. Hedge funds and other 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.

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