Guild (NYSE:GHLD) Upgraded by Wall Street Zen to "Hold" Rating

Guild (NYSE:GHLD - Get Free Report) was upgraded by Wall Street Zen to a "hold" rating in a research report issued on Thursday.

Separately, JPMorgan Chase & Co. raised Guild from an "underweight" rating to a "neutral" rating and decreased their target price for the company from $12.50 to $12.00 in a research report on Tuesday, April 8th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $16.50.

Guild Trading Down 0.2%

GHLD traded down $0.03 on Thursday, reaching $12.84. 2,262 shares of the company traded hands, compared to its average volume of 13,043. The company has a market cap of $794.54 million, a P/E ratio of -8.28, a price-to-earnings-growth ratio of 0.27 and a beta of 0.81. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.92. Guild has a one year low of $11.21 and a one year high of $18.26. The firm has a fifty day simple moving average of $13.41 and a two-hundred day simple moving average of $13.32.

Institutional Investors Weigh In On Guild

A number of hedge funds have recently made changes to their positions in the stock. HighTower Advisors LLC raised its holdings in Guild by 419.9% in the fourth quarter. HighTower Advisors LLC now owns 125,311 shares of the company's stock worth $1,768,000 after purchasing an additional 101,209 shares in the last quarter. Donald Smith & CO. Inc. lifted its holdings in shares of Guild by 0.4% during the 4th 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. Adage Capital Partners GP L.L.C. boosted its position in shares of Guild by 5.3% in the 4th quarter. Adage Capital Partners GP L.L.C. now owns 628,650 shares of the company's stock worth $8,870,000 after purchasing an additional 31,540 shares in the last quarter. Northern Trust Corp grew its stake in Guild by 8.3% during the 4th quarter. Northern Trust Corp now owns 22,421 shares of the company's stock worth $316,000 after buying an additional 1,709 shares during the last quarter. Finally, Basswood Capital Management L.L.C. boosted its holdings in Guild by 3.2% in 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 purchasing an additional 20,848 shares during the last quarter. 17.52% of the stock is currently 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.

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