Donald Smith & CO. Inc. Has $4.17 Million Stake in Guild Holdings Company $GHLD

Donald Smith & CO. Inc. cut its position in shares of Guild Holdings Company (NYSE:GHLD) by 44.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 210,859 shares of the company’s stock after selling 170,066 shares during the quarter. Donald Smith & CO. Inc. owned 0.34% of Guild worth $4,169,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Credit Industriel ET Commercial acquired a new stake in shares of Guild in the second quarter valued at about $1,582,000. Alberta Investment Management Corp acquired a new position in shares of Guild in the second quarter valued at $1,020,000. Skandinaviska Enskilda Banken AB publ acquired a new position in Guild in the 2nd quarter valued at about $876,000. Adage Capital Partners GP L.L.C. boosted its position in shares of Guild by 4.5% in the first quarter. Adage Capital Partners GP L.L.C. now owns 657,132 shares of the company’s stock valued at $10,054,000 after acquiring an additional 28,482 shares during the period. Finally, SG Americas Securities LLC bought a new position in shares of Guild during the second quarter worth approximately $482,000. Institutional investors own 17.52% of the company’s stock.

Guild Price Performance

NYSE GHLD opened at $20.01 on Friday. Guild Holdings Company has a one year low of $11.21 and a one year high of $23.57. The stock has a 50-day moving average of $19.93 and a 200 day moving average of $19.11. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.06 and a current ratio of 0.06. The company has a market capitalization of $1.25 billion, a price-to-earnings ratio of 9.96, a PEG ratio of 1.06 and a beta of 0.93.

Guild (NYSE:GHLD) last announced its earnings results on Wednesday, November 5th. The company reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.23. The business had revenue of $307.44 million during the quarter, compared to analyst estimates of $311.28 million. Guild had a net margin of 10.88% and a return on equity of 10.09%. On average, sell-side analysts forecast that Guild Holdings Company will post 1.33 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have commented on GHLD. Zacks Research lowered shares of Guild from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 5th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Guild in a research report on Monday, December 1st. Finally, BTIG Research reissued a “neutral” rating on shares of Guild in a research report on Thursday, August 21st. Two equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, Guild currently has an average rating of “Hold” and an average price target of $18.88.

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.