Guild Holdings (NYSE:GHLD) Short Interest Update

Guild Holdings (NYSE:GHLD) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 17,900 shares, an increase of 842.1% from the December 31st total of 1,900 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 12,900 shares, the short-interest ratio is currently 1.4 days.

Institutional Investors Weigh In On Guild

A number of large investors have recently added to or reduced their stakes in the company. Castleview Partners LLC bought a new position in shares of Guild during the 3rd quarter valued at about $79,000. Renaissance Technologies LLC boosted its stake in Guild by 8.2% in the second quarter. Renaissance Technologies LLC now owns 27,700 shares of the company’s stock worth $410,000 after buying an additional 2,100 shares in the last quarter. Geode Capital Management LLC boosted its stake in Guild by 2.0% in the third quarter. Geode Capital Management LLC now owns 98,244 shares of the company’s stock worth $1,634,000 after buying an additional 1,901 shares in the last quarter. Empowered Funds LLC grew 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. lifted its holdings in shares of Guild by 11.9% in the 3rd quarter. Basswood Capital Management L.L.C. now owns 653,957 shares of the company’s stock worth $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

Guild stock opened at $12.72 on Wednesday. Guild has a fifty-two week low of $11.21 and a fifty-two week high of $18.25. The firm’s fifty day moving average price is $13.47 and its 200-day moving average price is $14.73. The stock has a market cap of $786.93 million, a P/E ratio of -8.20, a price-to-earnings-growth ratio of 0.26 and a beta of 1.00. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.06 and a current ratio of 0.06.

Wall Street Analyst Weigh In

Several brokerages recently commented on GHLD. Wells Fargo & Company reduced their price objective on shares of Guild from $17.00 to $15.00 and set an “equal weight” rating for the company in a research note on Thursday, November 7th. Wedbush reaffirmed an “outperform” rating and issued a $20.00 price target on shares of Guild in a report on Thursday, November 7th. JPMorgan Chase & Co. lowered their price objective on Guild from $13.00 to $11.50 and set an “underweight” rating on the stock in a research report on Tuesday, January 14th. Finally, Compass Point boosted their target price on Guild from $16.00 to $19.00 and gave the stock a “buy” rating in a research report on Tuesday, January 21st. One analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $16.67.

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.