Guild Holdings (NYSE:GHLD) Short Interest Update

Guild Holdings (NYSE:GHLD) was the recipient of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 9,700 shares, a decrease of 9.3% from the March 31st total of 10,700 shares. Based on an average trading volume of 4,600 shares, the short-interest ratio is currently 2.1 days. Approximately 0.1% of the shares of the stock are sold short.

Guild Price Performance

Guild stock traded down $0.05 during trading hours on Monday, hitting $13.58. The stock had a trading volume of 2,033 shares, compared to its average volume of 10,088. 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 stock has a market capitalization of $829.74 million, a price-to-earnings ratio of -20.89 and a beta of 1.01. Guild has a 1-year low of $9.45 and a 1-year high of $15.06. The stock’s fifty day moving average is $14.32 and its two-hundred day moving average is $13.47.

Guild (NYSE:GHLD) last posted its earnings results on Tuesday, March 12th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.09. The company had revenue of $57.23 million for the quarter, compared to analyst estimates of $164.82 million. Guild had a positive return on equity of 3.57% and a negative net margin of 5.95%. As a group, analysts predict that Guild will post 1.26 earnings per share for the current fiscal year.

Institutional Trading of Guild

A number of large investors have recently made changes to their positions in GHLD. HighTower Advisors LLC acquired a new stake in shares of Guild during the third quarter valued at $358,000. GoodHaven Capital Management LLC boosted its stake in shares of Guild by 7.8% during the third quarter. GoodHaven Capital Management LLC now owns 174,731 shares of the company’s stock valued at $1,917,000 after acquiring an additional 12,634 shares during the last quarter. Adage Capital Partners GP L.L.C. boosted its stake in shares of 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 acquiring an additional 26,510 shares during the last quarter. Finally, Donald Smith & CO. Inc. boosted its stake in shares of Guild by 1.4% during the fourth quarter. Donald Smith & CO. Inc. now owns 431,752 shares of the company’s stock valued at $6,083,000 after acquiring an additional 5,800 shares during the last quarter. Institutional investors and hedge funds own 17.52% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Wells Fargo & Company upped their price objective on Guild from $12.00 to $15.00 and gave the stock an “equal weight” rating in a report on Wednesday, March 13th. BTIG Research initiated coverage on Guild in a report on Wednesday, February 21st. They issued a “buy” rating and a $18.00 target price on the stock. Finally, JPMorgan Chase & Co. lowered Guild from a “neutral” rating to an “underweight” rating and set a $14.00 target price on the stock. in a report on Wednesday, April 3rd.

About Guild

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.