Guild (NYSE:GHLD) Stock Rating Lowered by Jefferies Financial Group

Guild (NYSE:GHLD - Get Free Report) was downgraded by analysts at Jefferies Financial Group from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Tuesday, MarketBeat Ratings reports. They presently have a $20.00 price target on the stock. Jefferies Financial Group's target price would indicate a potential upside of 0.83% from the stock's previous close.

A number of other equities analysts also recently issued reports on GHLD. Citigroup reissued an "outperform" rating on shares of Guild in a research note on Tuesday, May 27th. Compass Point lowered Guild from a "strong-buy" rating to a "hold" rating and increased their target price for the stock from $19.00 to $20.00 in a research report on Wednesday, June 18th. Wall Street Zen raised Guild to a "hold" rating in a research report on Thursday, May 22nd. JPMorgan Chase & Co. upped their target price 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. Finally, Citizens Jmp lowered shares of Guild from a "strong-buy" rating to a "hold" rating in a report on Thursday, June 19th. Seven research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Guild presently has an average rating of "Hold" and a consensus price target of $18.42.

Guild Price Performance

Shares of GHLD stock opened at $19.84 on Tuesday. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.07 and a current ratio of 0.07. Guild has a fifty-two week low of $11.21 and a fifty-two week high of $20.15. The firm has a market cap of $1.23 billion, a P/E ratio of 28.75, a P/E/G ratio of 1.13 and a beta of 0.94. The business's 50 day moving average price is $16.61 and its 200-day moving average price is $14.34.

Institutional Investors Weigh In On Guild

A number of large investors have recently added to or reduced their stakes in the stock. 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 during the period. 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 during the period. 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 during the period. 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 during the period. 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 during the period. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.