Guild Holdings Company (NYSE:GHLD - Get Free Report) shares saw strong trading volume on Tuesday . 131,520 shares changed hands during mid-day trading, an increase of 437% from the previous session's volume of 24,504 shares.The stock last traded at $19.85 and had previously closed at $19.82.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the stock. Compass Point lowered shares of Guild from a "strong-buy" rating to a "hold" rating and boosted their target price for the company from $19.00 to $20.00 in a report on Wednesday, June 18th. Citizens Jmp lowered shares of Guild from a "strong-buy" rating to a "hold" rating in a report on Thursday, June 19th. JPMorgan Chase & Co. upped their price objective on shares of Guild from $12.50 to $20.00 and gave the company a "neutral" rating in a report on Friday, July 11th. Wall Street Zen upgraded shares of Guild to a "hold" rating in a report on Thursday, May 22nd. Finally, Citigroup reiterated an "outperform" rating on shares of Guild in a report on Tuesday, May 27th. Six analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, Guild presently has a consensus rating of "Hold" and a consensus target price of $18.10.
View Our Latest Report on GHLD
Guild Stock Up 0.1%
The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.07 and a current ratio of 0.07. The company has a market cap of $1.23 billion, a price-to-earnings ratio of 28.78, a price-to-earnings-growth ratio of 1.13 and a beta of 0.94. The stock's fifty day moving average is $16.49 and its two-hundred day moving average is $14.29.
Institutional Investors Weigh In On Guild
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Adage Capital Partners GP L.L.C. grew its position 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 worth $10,054,000 after purchasing an additional 28,482 shares in the last quarter. Donald Smith & CO. Inc. grew its position 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. 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 worth $218,000 after purchasing an additional 2,421 shares in the last quarter. Citadel Advisors LLC grew its position in Guild by 57.5% in the 4th quarter. Citadel Advisors LLC now owns 16,799 shares of the company's stock worth $237,000 after purchasing an additional 6,134 shares in the last quarter. Finally, Bayview Asset Management LLC grew its position in Guild by 6.4% in the 4th quarter. Bayview Asset Management LLC now owns 1,595,844 shares of the company's stock worth $22,517,000 after purchasing an additional 95,327 shares in the last quarter. Institutional investors and hedge funds own 17.52% of the company's stock.
Guild Company Profile
(
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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.
Further Reading
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