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

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

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

Guild Stock Down 3.3 %

Shares of Guild stock opened at $12.36 on Tuesday. Guild has a 12-month low of $11.21 and a 12-month high of $18.25. The firm has a market capitalization of $764.96 million, a PE ratio of -7.97, a price-to-earnings-growth ratio of 0.26 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. The stock’s fifty day moving average is $13.51 and its 200-day moving average is $14.74.

Hedge Funds Weigh In On Guild

A number of hedge funds have recently modified their holdings of GHLD. Geode Capital Management LLC boosted 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 purchasing an additional 1,901 shares during the last quarter. Basswood Capital Management L.L.C. raised its stake in shares of Guild by 11.9% during the 3rd quarter. Basswood Capital Management L.L.C. now owns 653,957 shares of the company’s stock worth $10,875,000 after purchasing an additional 69,603 shares in the last quarter. Empowered Funds LLC lifted its holdings in shares of Guild by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 269,881 shares of the company’s stock valued at $4,488,000 after buying an additional 13,668 shares during the last quarter. Castleview Partners LLC bought a new stake in shares of Guild in the 3rd quarter valued at approximately $79,000. Finally, Renaissance Technologies LLC raised 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 in the last quarter. 17.52% of the stock is owned by institutional investors and hedge funds.

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.