Guild (NYSE:GHLD) Given Market Perform Rating at JMP Securities

JMP Securities reissued their market perform rating on shares of Guild (NYSE:GHLD) in a report issued on Friday,Benzinga reports.

Several other research analysts have also commented on the stock. JPMorgan Chase & Co. upgraded shares of Guild from an “underweight” rating to a “neutral” rating and cut their price target for the company from $12.50 to $12.00 in a report on Tuesday, April 8th. Citigroup restated an “outperform” rating on shares of Guild in a report on Tuesday, May 27th. Compass Point lowered shares of Guild from a “strong-buy” rating to a “hold” rating and lifted their price objective for the company from $19.00 to $20.00 in a research note on Wednesday. Finally, Wall Street Zen upgraded shares of Guild to a “hold” rating in a research note on Thursday, May 22nd. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, Guild presently has a consensus rating of “Hold” and a consensus price target of $16.50.

Guild Trading Up 0.2%

NYSE GHLD opened at $19.77 on Friday. Guild has a one year low of $11.21 and a one year high of $20.15. The company’s 50 day moving average price is $13.89 and its 200 day moving average price is $13.49. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.07 and a current ratio of 0.07. The firm has a market capitalization of $1.23 billion, a price-to-earnings ratio of 28.64, a PEG ratio of 1.12 and a beta of 0.81.

Institutional Trading of Guild

A number of hedge funds have recently made changes to their positions in GHLD. Millennium Management LLC raised its stake in shares of Guild by 18.6% during the fourth quarter. Millennium Management LLC now owns 15,441 shares of the company’s stock valued at $218,000 after purchasing an additional 2,421 shares during the period. Citadel Advisors LLC grew its position in shares of Guild by 57.5% during the fourth quarter. Citadel Advisors LLC now owns 16,799 shares of the company’s stock worth $237,000 after buying an additional 6,134 shares in the last quarter. Northern Trust Corp grew 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 worth $316,000 after buying an additional 1,709 shares in the last quarter. HighTower Advisors LLC grew its position in shares of Guild by 419.9% during the fourth quarter. HighTower Advisors LLC now owns 125,311 shares of the company’s stock worth $1,768,000 after buying an additional 101,209 shares in the last quarter. Finally, Donald Smith & CO. Inc. grew its position in shares of Guild by 0.4% during the fourth quarter. Donald Smith & CO. Inc. now owns 344,742 shares of the company’s stock worth $4,864,000 after buying an additional 1,535 shares in the last quarter. 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.