Guild Holdings (NYSE:GHLD) Receives $16.20 Consensus PT from Brokerages

Shares of Guild Holdings (NYSE:GHLD) have been assigned a consensus recommendation of “Moderate Buy” from the six ratings firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $16.67.

A number of equities analysts recently weighed in on GHLD shares. Compass Point raised their price objective on Guild from $16.00 to $19.00 and gave the company a “buy” rating in a report on Tuesday. JPMorgan Chase & Co. decreased their price target on Guild from $13.00 to $11.50 and set an “underweight” rating on the stock in a research note on Tuesday, January 14th. Wells Fargo & Company decreased their price target on Guild from $17.00 to $15.00 and set an “equal weight” rating on the stock in a research note on Thursday, November 7th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $20.00 price target on shares of Guild in a research note on Thursday, November 7th.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of GHLD. Geode Capital Management LLC increased its position in Guild by 2.0% during the third quarter. Geode Capital Management LLC now owns 98,244 shares of the company’s stock valued at $1,634,000 after acquiring an additional 1,901 shares during the last quarter. Renaissance Technologies LLC increased its position in Guild by 8.2% during the second quarter. Renaissance Technologies LLC now owns 27,700 shares of the company’s stock valued at $410,000 after acquiring an additional 2,100 shares during the last quarter. Castleview Partners LLC purchased a new stake in Guild during the third quarter valued at $79,000. Empowered Funds LLC increased its position in Guild by 5.3% during the third quarter. Empowered Funds LLC now owns 269,881 shares of the company’s stock valued at $4,488,000 after acquiring an additional 13,668 shares during the last quarter. Finally, Basswood Capital Management L.L.C. increased its position in Guild by 11.9% during the third quarter. Basswood Capital Management L.L.C. now owns 653,957 shares of the company’s stock valued at $10,875,000 after acquiring an additional 69,603 shares during the last quarter. Hedge funds and other institutional investors own 17.52% of the company’s stock.

Guild Stock Performance

NYSE:GHLD opened at $12.73 on Tuesday. The business’s 50-day moving average price is $13.56 and its two-hundred day moving average price is $14.76. Guild has a twelve month low of $11.21 and a twelve month high of $18.25. The stock has a market cap of $787.86 million, a P/E ratio of -8.21, a PEG ratio of 0.27 and a beta of 1.00. 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 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.