Guild (NYSE:GHLD) Cut to "Hold" at Jefferies Financial Group

Guild (NYSE:GHLD - Get Free Report) was downgraded by equities research analysts at Jefferies Financial Group from a "buy" rating to a "hold" rating in a note issued to investors on Tuesday, MarketBeat Ratings reports. They presently have a $20.00 price objective on the stock, up from their previous price objective of $16.00. Jefferies Financial Group's price target points to a potential upside of 0.68% from the company's current price.

GHLD has been the topic of several other reports. Wall Street Zen raised shares of Guild to a "hold" rating in a research report on Thursday, May 22nd. JPMorgan Chase & Co. upped their price target on shares of Guild from $12.50 to $20.00 and gave the stock a "neutral" rating in a research report on Friday, July 11th. JMP Securities reissued a "market perform" rating on shares of Guild in a research report on Friday, June 20th. Citigroup reissued an "outperform" rating on shares of Guild in a research report on Tuesday, May 27th. Finally, Citizens Jmp lowered shares of Guild from a "strong-buy" rating to a "hold" rating in a research report on Thursday, June 19th. Seven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, Guild presently has a consensus rating of "Hold" and a consensus price target of $18.42.

Guild Stock Performance

NYSE GHLD traded up $0.01 on Tuesday, hitting $19.87. 2,275 shares of the stock were exchanged, compared to its average volume of 38,812. 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 business's fifty day moving average is $17.18 and its 200 day moving average is $14.49. Guild has a 52 week low of $11.21 and a 52 week high of $20.15. The company has a market capitalization of $1.24 billion, a PE ratio of 28.79, a P/E/G ratio of 1.13 and a beta of 0.94.

Hedge Funds Weigh In On Guild

Several hedge funds have recently bought and sold shares of the company. Donald Smith & CO. Inc. boosted its position in Guild by 0.4% during the 4th quarter. Donald Smith & CO. Inc. now owns 344,742 shares of the company's stock worth $4,864,000 after buying an additional 1,535 shares during the period. Northern Trust Corp increased its stake in shares of Guild by 8.3% in the 4th quarter. Northern Trust Corp now owns 22,421 shares of the company's stock valued at $316,000 after acquiring an additional 1,709 shares in the last quarter. Millennium Management LLC increased its stake in shares of 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 acquiring an additional 2,421 shares in the last quarter. Citadel Advisors LLC increased its stake in Guild by 57.5% during the 4th quarter. Citadel Advisors LLC now owns 16,799 shares of the company's stock valued at $237,000 after purchasing an additional 6,134 shares in the last quarter. Finally, Basswood Capital Management L.L.C. increased its stake in Guild by 3.2% during the 4th quarter. Basswood Capital Management L.L.C. now owns 674,805 shares of the company's stock valued at $9,521,000 after purchasing an additional 20,848 shares in the last quarter. 17.52% of the stock is owned by 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.