Guild (NYSE:GHLD) Given “Neutral” Rating at BTIG Research

BTIG Research reiterated their neutral rating on shares of Guild (NYSE:GHLD) in a research report sent to investors on Thursday morning, Marketbeat reports.

Other equities analysts have also recently issued reports about the stock. JPMorgan Chase & Co. upped their price objective on shares of Guild from $12.50 to $20.00 and gave the stock a “neutral” rating in a research report on Friday, July 11th. JMP Securities restated a “market perform” rating on shares of Guild in a research report on Friday, June 20th. Citigroup restated an “outperform” rating on shares of Guild in a research report on Tuesday, May 27th. Jefferies Financial Group cut shares of Guild from a “buy” rating to a “hold” rating and upped their price objective for the stock from $16.00 to $20.00 in a research report on Tuesday, July 22nd. Finally, Wall Street Zen upgraded shares of Guild to a “hold” rating in a research report on Thursday, May 22nd. Two analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $18.42.

Guild Stock Performance

GHLD opened at $19.8250 on Thursday. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.05 and a quick ratio of 0.05. The firm has a fifty day moving average price of $19.61 and a 200 day moving average price of $15.47. Guild has a 1 year low of $11.21 and a 1 year high of $23.57. The stock has a market cap of $1.23 billion, a P/E ratio of 50.83, a P/E/G ratio of 1.04 and a beta of 0.94.

Institutional Investors Weigh In On Guild

A number of large investors have recently modified their holdings of the business. Bayview Asset Management LLC grew its holdings in shares of Guild by 6.4% during the fourth quarter. Bayview Asset Management LLC now owns 1,595,844 shares of the company’s stock worth $22,517,000 after buying an additional 95,327 shares in the last quarter. Basswood Capital Management L.L.C. grew its holdings in shares of Guild by 3.2% during 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. Adage Capital Partners GP L.L.C. grew its holdings in shares of Guild by 4.5% during the first quarter. Adage Capital Partners GP L.L.C. now owns 657,132 shares of the company’s stock worth $10,054,000 after buying an additional 28,482 shares in the last quarter. Donald Smith & CO. Inc. grew its holdings in shares of Guild by 10.5% during the first quarter. Donald Smith & CO. Inc. now owns 380,925 shares of the company’s stock worth $5,828,000 after buying an additional 36,183 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Guild by 1.8% during the second quarter. Geode Capital Management LLC now owns 103,629 shares of the company’s stock worth $2,050,000 after buying an additional 1,828 shares in the last quarter. Hedge funds and other institutional investors own 17.52% of the company’s stock.

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.