Guild Holdings (NYSE:GHLD) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Guild Holdings (NYSE:GHLD) have been given an average rating of “Moderate Buy” by the six ratings firms that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $16.67.

Several research analysts have issued reports on GHLD shares. Compass Point lifted their price target on shares of Guild from $16.00 to $19.00 and gave the stock a “buy” rating in a research report on Tuesday, January 21st. Wells Fargo & Company decreased their price target on shares of Guild from $17.00 to $15.00 and set an “equal weight” rating on the stock in a research report on Thursday, November 7th. Wedbush restated an “outperform” rating and issued a $20.00 price target on shares of Guild in a research report on Thursday, November 7th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Guild from $13.00 to $11.50 and set an “underweight” rating on the stock in a research report on Tuesday, January 14th.

Hedge Funds Weigh In On Guild

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Castleview Partners LLC purchased a new position in shares of Guild during the 3rd quarter valued at $79,000. Millennium Management LLC grew its holdings in shares of Guild by 18.6% during the 4th quarter. Millennium Management LLC now owns 15,441 shares of the company’s stock valued at $218,000 after acquiring an additional 2,421 shares in the last quarter. Citadel Advisors LLC grew its holdings in shares of Guild by 57.5% during the 4th quarter. Citadel Advisors LLC now owns 16,799 shares of the company’s stock valued at $237,000 after acquiring an additional 6,134 shares in the last quarter. Northern Trust Corp grew its holdings in shares of Guild by 8.3% during the 4th quarter. Northern Trust Corp now owns 22,421 shares of the company’s stock valued at $316,000 after acquiring an additional 1,709 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Guild by 2.0% during 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 in the last quarter. Institutional investors and hedge funds own 17.52% of the company’s stock.

Guild Price Performance

NYSE GHLD opened at $12.16 on Friday. Guild has a 12 month low of $11.21 and a 12 month high of $18.25. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.06 and a quick ratio of 0.06. The firm has a market capitalization of $752.58 million, a PE ratio of -7.85, a P/E/G ratio of 0.26 and a beta of 0.98. The company’s 50 day simple moving average is $13.09 and its 200 day simple moving average is $14.51.

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.