Guild Holdings Company (NYSE:GHLD) Receives Average Recommendation of “Hold” from Analysts

Guild Holdings Company (NYSE:GHLD) has earned a consensus rating of “Hold” from the seven research firms that are covering the firm, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $18.10.

Several brokerages have recently commented on GHLD. Citizens Jmp lowered Guild from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 19th. Compass Point downgraded Guild from a “strong-buy” rating to a “hold” rating and increased their price objective for the stock from $19.00 to $20.00 in a report on Wednesday, June 18th. JMP Securities restated a “market perform” rating on shares of Guild in a report on Friday, June 20th. Wall Street Zen raised Guild to a “hold” rating in a research report on Thursday, May 22nd. Finally, Citigroup reissued an “outperform” rating on shares of Guild in a research report on Tuesday, May 27th.

Guild Price Performance

Shares of NYSE:GHLD opened at $19.85 on Friday. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 1.03. The stock’s fifty day simple moving average is $16.49 and its two-hundred day simple moving average is $14.29. Guild has a 1-year low of $11.21 and a 1-year high of $20.15. The stock has a market cap of $1.23 billion, a PE ratio of 28.77, a price-to-earnings-growth ratio of 1.13 and a beta of 0.94.

Institutional Investors Weigh In On Guild

A number of institutional investors and hedge funds have recently bought and sold shares of GHLD. HighTower Advisors LLC lifted its position in shares of Guild by 419.9% during 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 during the last quarter. Citadel Advisors LLC lifted its holdings in Guild by 57.5% in the fourth quarter. Citadel Advisors LLC now owns 16,799 shares of the company’s stock worth $237,000 after acquiring an additional 6,134 shares during the last quarter. Basswood Capital Management L.L.C. lifted 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 worth $9,521,000 after acquiring an additional 20,848 shares during the last quarter. Northern Trust Corp raised its holdings in shares of Guild by 8.3% during 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 during the last quarter. Finally, Bayview Asset Management LLC increased its stake in shares of Guild by 6.4% during the fourth quarter. Bayview Asset Management LLC now owns 1,595,844 shares of the company’s stock valued at $22,517,000 after acquiring an additional 95,327 shares during the period. Hedge funds and other institutional investors own 17.52% of the company’s stock.

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.