Guild (NYSE:GHLD) Downgraded by Compass Point to Hold

Compass Point downgraded shares of Guild (NYSE:GHLD - Free Report) from a strong-buy rating to a hold rating in a research note issued to investors on Wednesday morning, Marketbeat Ratings reports. The brokerage currently has $20.00 price objective on the stock, up from their prior price objective of $19.00.

Several other research analysts have also recently issued reports on GHLD. JPMorgan Chase & Co. raised 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 report on Tuesday, April 8th. JMP Securities set a $15.50 price target on shares of Guild and gave the stock a "market outperform" rating in a report on Tuesday, May 27th. Citigroup reissued an "outperform" rating on shares of Guild in a report on Tuesday, May 27th. Finally, Wall Street Zen raised shares of Guild to a "hold" rating in a report on Thursday, May 22nd. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $16.50.

Guild Stock Performance

Shares of NYSE:GHLD traded up $0.05 on Wednesday, reaching $19.77. The company's stock had a trading volume of 284,057 shares, compared to its average volume of 17,661. The stock's 50-day moving average is $13.89 and its two-hundred day moving average is $13.49. Guild has a 52-week low of $11.21 and a 52-week high of $20.15. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.07 and a quick ratio of 0.07. The stock has a market capitalization of $1.23 billion, a P/E ratio of 28.64, a PEG ratio of 1.12 and a beta of 0.81.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Millennium Management LLC increased its holdings in Guild by 18.6% in the fourth quarter. Millennium Management LLC now owns 15,441 shares of the company's stock valued at $218,000 after buying an additional 2,421 shares in the last quarter. Citadel Advisors LLC increased its holdings in Guild by 57.5% in the fourth quarter. Citadel Advisors LLC now owns 16,799 shares of the company's stock valued at $237,000 after buying an additional 6,134 shares in the last quarter. Northern Trust Corp increased its holdings in Guild by 8.3% in the fourth quarter. Northern Trust Corp now owns 22,421 shares of the company's stock valued at $316,000 after buying an additional 1,709 shares in the last quarter. HighTower Advisors LLC increased its holdings in Guild by 419.9% in the fourth quarter. HighTower Advisors LLC now owns 125,311 shares of the company's stock valued at $1,768,000 after buying an additional 101,209 shares in the last quarter. Finally, Donald Smith & CO. Inc. grew its position in shares of Guild by 0.4% in the fourth quarter. Donald Smith & CO. Inc. now owns 344,742 shares of the company's stock valued at $4,864,000 after purchasing an additional 1,535 shares during the last quarter. 17.52% of the stock is owned by hedge funds and other institutional investors.

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.