Compass Point Issues Positive Forecast for Guild (NYSE:GHLD) Stock Price

Guild (NYSE:GHLD) had its price target hoisted by Compass Point from $16.00 to $19.00 in a report issued on Tuesday morning,Benzinga reports. They currently have a buy rating on the stock.

GHLD has been the topic of a number of other reports. Wells Fargo & Company cut their target price on 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 set a $20.00 price target on shares of Guild in a report on Thursday, November 7th. Finally, JPMorgan Chase & Co. dropped their price objective on Guild from $13.00 to $11.50 and set an “underweight” rating on the stock in a report on Tuesday, January 14th. 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’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $16.67.

Guild Price Performance

Shares of GHLD opened at $13.02 on Tuesday. Guild has a one year low of $11.21 and a one year high of $18.25. The firm has a market capitalization of $805.81 million, a price-to-earnings ratio of -8.40, a price-to-earnings-growth ratio of 0.27 and a beta of 1.00. The stock’s fifty day moving average is $13.61 and its 200-day moving average 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 Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Castleview Partners LLC acquired a new stake in shares of Guild in the third quarter valued at approximately $79,000. Renaissance Technologies LLC boosted its stake in shares of Guild by 8.2% during the 2nd quarter. Renaissance Technologies LLC now owns 27,700 shares of the company’s stock worth $410,000 after acquiring an additional 2,100 shares during the period. Geode Capital Management LLC increased its holdings in shares of Guild by 2.0% in 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. Empowered Funds LLC grew 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 last quarter. Finally, Basswood Capital Management L.L.C. boosted 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 acquiring an additional 69,603 shares during the period. 17.52% of the stock is owned by institutional investors and hedge funds.

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.