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

Guild (NYSE:GHLD) had its price objective increased by Compass Point from $16.00 to $19.00 in a research note issued on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Compass Point’s target price would indicate a potential upside of 46.57% from the company’s current price.

A number of other analysts have also commented on the company. JPMorgan Chase & Co. decreased their price objective on Guild from $13.00 to $11.50 and set an “underweight” rating for the company in a report on Tuesday, January 14th. Wedbush reissued an “outperform” rating and issued a $20.00 price target on shares of Guild in a research report on Thursday, November 7th. Finally, Wells Fargo & Company cut their price objective on shares of Guild from $17.00 to $15.00 and set an “equal weight” rating on the stock in a report on Thursday, November 7th. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Guild has a consensus rating of “Moderate Buy” and an average target price of $16.67.

Guild Stock Down 0.9 %

Guild stock opened at $12.96 on Tuesday. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.92. The firm’s fifty day moving average price is $13.58 and its two-hundred day moving average price is $14.77. The firm has a market capitalization of $802.23 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 1-year low of $11.21 and a 1-year high of $18.25.

Institutional Trading of Guild

Large investors have recently added to or reduced their stakes in the stock. Castleview Partners LLC bought a new position in shares of Guild during the 3rd quarter valued at approximately $79,000. Renaissance Technologies LLC lifted its stake in Guild by 8.2% in the second quarter. Renaissance Technologies LLC now owns 27,700 shares of the company’s stock valued at $410,000 after purchasing an additional 2,100 shares during the last quarter. Geode Capital Management LLC grew its holdings 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 period. Empowered Funds LLC increased its position in Guild by 5.3% in the third quarter. Empowered Funds LLC now owns 269,881 shares of the company’s stock worth $4,488,000 after buying an additional 13,668 shares during the last quarter. Finally, Basswood Capital Management L.L.C. raised its stake 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 buying 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.