Guild (NYSE:GHLD) Stock Price Down 3.8%

Guild Holdings (NYSE:GHLDGet Free Report) shares fell 3.8% on Wednesday . The company traded as low as $14.30 and last traded at $14.30. 1,543 shares were traded during mid-day trading, a decline of 87% from the average session volume of 11,651 shares. The stock had previously closed at $14.86.

Analysts Set New Price Targets

GHLD has been the topic of a number of recent analyst reports. BTIG Research assumed coverage on shares of Guild in a report on Wednesday, February 21st. They set a “buy” rating and a $18.00 target price on the stock. JPMorgan Chase & Co. cut shares of Guild from a “neutral” rating to an “underweight” rating and set a $14.00 price objective for the company. in a research report on Wednesday. Finally, Wells Fargo & Company increased their target price on shares of Guild from $12.00 to $15.00 and gave the stock an “equal weight” rating in a report on Wednesday, March 13th.

Get Our Latest Stock Report on Guild

Guild Stock Performance

The stock has a market cap of $894.58 million, a price-to-earnings ratio of -22.78 and a beta of 1.01. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.20 and a quick ratio of 0.20. The company’s fifty day simple moving average is $14.42 and its two-hundred day simple moving average is $13.08.

Hedge Funds Weigh In On Guild

Several large investors have recently modified their holdings of GHLD. Adage Capital Partners GP L.L.C. lifted its position in Guild by 2.3% during the third quarter. Adage Capital Partners GP L.L.C. now owns 1,173,520 shares of the company’s stock valued at $12,874,000 after purchasing an additional 26,510 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Guild by 30.9% in the third quarter. Vanguard Group Inc. now owns 520,909 shares of the company’s stock worth $4,813,000 after buying an additional 123,099 shares during the period. Bridgeway Capital Management LLC increased its stake in shares of Guild by 4.4% in the fourth quarter. Bridgeway Capital Management LLC now owns 446,862 shares of the company’s stock worth $6,296,000 after buying an additional 18,940 shares during the period. Donald Smith & CO. Inc. increased its stake in shares of Guild by 1.4% in the fourth quarter. Donald Smith & CO. Inc. now owns 431,752 shares of the company’s stock worth $6,083,000 after buying an additional 5,800 shares during the period. Finally, GoodHaven Capital Management LLC increased its stake in shares of Guild by 7.8% in the third quarter. GoodHaven Capital Management LLC now owns 174,731 shares of the company’s stock worth $1,917,000 after buying an additional 12,634 shares during the period. Hedge funds and other institutional investors own 17.52% of the company’s stock.

About Guild

(Get Free Report)

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.

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