Guild (NYSE:GHLD) Lowered to “Hold” Rating by Citizens Jmp

Citizens Jmp cut shares of Guild (NYSE:GHLD) from a strong-buy rating to a hold rating in a research report report published on Thursday,Zacks.com reports.

GHLD has been the topic of several other research reports. Citigroup restated an “outperform” rating on shares of Guild in a report on Tuesday, May 27th. JMP Securities reissued a “market perform” rating on shares of Guild in a research report on Friday. JPMorgan Chase & Co. upgraded shares of Guild from an “underweight” rating to a “neutral” rating and decreased their price objective for the company from $12.50 to $12.00 in a research report on Tuesday, April 8th. Wall Street Zen raised shares of Guild to a “hold” rating in a research note on Thursday, May 22nd. Finally, Compass Point lowered shares of Guild from a “strong-buy” rating to a “hold” rating and increased their target price for the stock from $19.00 to $20.00 in a report on Wednesday. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $16.50.

Guild Price Performance

Shares of Guild stock opened at $19.77 on Thursday. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.07 and a quick ratio of 0.07. Guild has a one year low of $11.21 and a one year high of $20.15. The business’s 50 day simple moving average is $13.89 and its two-hundred day simple moving average is $13.49. The stock has a market capitalization of $1.23 billion, a P/E ratio of 28.64, a price-to-earnings-growth ratio of 1.12 and a beta of 0.81.

Institutional Trading of Guild

Large investors have recently added to or reduced their stakes in the stock. HighTower Advisors LLC raised its holdings in Guild by 419.9% in the 4th quarter. HighTower Advisors LLC now owns 125,311 shares of the company’s stock worth $1,768,000 after purchasing an additional 101,209 shares in the last quarter. Donald Smith & CO. Inc. boosted its stake in shares of Guild by 0.4% during the 4th quarter. Donald Smith & CO. Inc. now owns 344,742 shares of the company’s stock valued at $4,864,000 after purchasing an additional 1,535 shares in the last quarter. Adage Capital Partners GP L.L.C. boosted its stake in shares of Guild by 5.3% during the 4th quarter. Adage Capital Partners GP L.L.C. now owns 628,650 shares of the company’s stock valued at $8,870,000 after purchasing an additional 31,540 shares in the last quarter. Northern Trust Corp increased its position in shares of Guild by 8.3% during the fourth quarter. Northern Trust Corp now owns 22,421 shares of the company’s stock valued at $316,000 after buying an additional 1,709 shares during the period. Finally, Basswood Capital Management L.L.C. raised its stake in Guild by 3.2% in the fourth quarter. Basswood Capital Management L.L.C. now owns 674,805 shares of the company’s stock worth $9,521,000 after buying an additional 20,848 shares in the last quarter. 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.