Guild (NYSE:GHLD) Price Target Raised to $19.00

Guild (NYSE:GHLD) had its price target lifted by research analysts at Compass Point from $16.00 to $19.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Compass Point’s price objective would suggest a potential upside of 46.66% from the stock’s current price.

A number of other research firms also recently issued reports on GHLD. JPMorgan Chase & Co. cut their price objective on shares of Guild from $13.00 to $11.50 and set an “underweight” rating on the stock in a report on Tuesday, January 14th. Wedbush restated an “outperform” rating and set a $20.00 price target on shares of Guild in a report on Thursday, November 7th. Finally, Wells Fargo & Company dropped their target price 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. One research 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $16.67.

Guild Stock Up 1.7 %

GHLD traded up $0.22 during midday trading on Tuesday, reaching $12.96. 626 shares of the company were exchanged, compared to its average volume of 12,900. The company has a market cap of $801.78 million, a price-to-earnings ratio of -8.36, a price-to-earnings-growth ratio of 0.27 and a beta of 1.00. Guild has a one year low of $11.21 and a one year high of $18.25. The company’s fifty day moving average price is $13.61 and its 200 day moving average price is $14.78. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.06 and a current ratio of 0.06.

Institutional Investors Weigh In On Guild

Several large investors have recently modified their holdings of GHLD. Castleview Partners LLC purchased a new position in Guild in the third quarter valued at approximately $79,000. Renaissance Technologies LLC lifted its position in shares of Guild by 8.2% during the 2nd quarter. Renaissance Technologies LLC now owns 27,700 shares of the company’s stock valued at $410,000 after buying an additional 2,100 shares during the last quarter. Geode Capital Management LLC grew its stake 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 worth $1,634,000 after acquiring an additional 1,901 shares during the period. Empowered Funds LLC increased its holdings in Guild by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 269,881 shares of the company’s stock worth $4,488,000 after acquiring an additional 13,668 shares during the last quarter. Finally, Basswood Capital Management L.L.C. raised its stake in Guild by 11.9% in the 3rd 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 period. Hedge funds and other institutional investors own 17.52% of the company’s stock.

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.