Guild Holdings (NYSE:GHLD) Short Interest Down 8.3% in November

Guild Holdings (NYSE:GHLD) saw a significant decrease in short interest in November. As of November 30th, there was short interest totalling 2,200 shares, a decrease of 8.3% from the November 15th total of 2,400 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 14,000 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analyst Weigh In

Several research firms recently commented on GHLD. Wedbush reaffirmed an “outperform” rating and issued a $20.00 price objective on shares of Guild in a research report on Thursday, November 7th. Wells Fargo & Company cut their price target on Guild from $17.00 to $15.00 and set an “equal weight” rating on the stock in a report on Thursday, November 7th. Finally, JPMorgan Chase & Co. decreased their price objective on Guild from $14.50 to $13.00 and set an “underweight” rating for the company in a report on Monday, December 9th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. According to MarketBeat, Guild currently has an average rating of “Hold” and an average price target of $16.50.

Institutional Investors Weigh In On Guild

Several hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC raised its stake in Guild by 2.0% in the 3rd 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 period. Basswood Capital Management L.L.C. raised its position in shares of Guild by 11.9% in 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 purchasing an additional 69,603 shares during the period. Empowered Funds LLC raised its position in shares of Guild by 5.3% in the third quarter. Empowered Funds LLC now owns 269,881 shares of the company’s stock valued at $4,488,000 after purchasing an additional 13,668 shares during the period. Castleview Partners LLC acquired a new stake in shares of Guild during the 3rd quarter worth about $79,000. Finally, Bridges Investment Management Inc. bought a new stake in shares of Guild during the 2nd quarter worth about $10,497,000. 17.52% of the stock is currently owned by institutional investors and hedge funds.

Guild Stock Performance

Shares of GHLD stock opened at $13.61 on Monday. The company has a fifty day moving average price of $14.34 and a two-hundred day moving average price of $15.02. Guild has a one year low of $12.78 and a one year high of $18.25. The stock has a market cap of $842.27 million, a P/E ratio of -8.78, a P/E/G ratio of 0.31 and a beta of 1.02. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.06 and a quick ratio of 0.06.

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.