Compass Point Issues Positive Forecast for Guild (NYSE:GHLD) Stock Price

Guild (NYSE:GHLD) had its price target upped by Compass Point from $16.00 to $19.00 in a research note released on Tuesday,Benzinga reports. Compass Point currently has a buy rating on the stock.

Several other research analysts also recently weighed in on GHLD. JPMorgan Chase & Co. reduced their target price on Guild from $13.00 to $11.50 and set an “underweight” rating for the company in a research note on Tuesday, January 14th. Wells Fargo & Company dropped their price target on Guild from $17.00 to $15.00 and set an “equal weight” rating for the company in a research report on Thursday, November 7th. Finally, Wedbush reaffirmed an “outperform” rating and set a $20.00 target price on shares of Guild in a research note on Thursday, November 7th. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Guild has an average rating of “Moderate Buy” and an average target price of $16.67.

Guild Trading Up 2.2 %

Guild stock opened at $13.02 on Tuesday. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.92. The stock has a 50-day moving average price of $13.61 and a 200 day moving average price of $14.78. Guild has a 52 week low of $11.21 and a 52 week high of $18.25. The company has a market capitalization of $805.81 million, a price-to-earnings ratio of -8.40, a price-to-earnings-growth ratio of 0.27 and a beta of 1.00.

Institutional Trading of Guild

Hedge funds have recently bought and sold shares of the company. Basswood Capital Management L.L.C. increased its holdings in Guild by 11.9% in the 3rd quarter. Basswood Capital Management L.L.C. now owns 653,957 shares of the company’s stock valued at $10,875,000 after purchasing an additional 69,603 shares in the last quarter. Empowered Funds LLC lifted its position in shares of Guild by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 269,881 shares of the company’s stock worth $4,488,000 after buying an additional 13,668 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Guild by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 98,244 shares of the company’s stock valued at $1,634,000 after buying an additional 1,901 shares during the period. Renaissance Technologies LLC grew its position in shares of Guild by 8.2% during the 2nd quarter. Renaissance Technologies LLC now owns 27,700 shares of the company’s stock valued at $410,000 after buying an additional 2,100 shares during the last quarter. Finally, Castleview Partners LLC acquired a new stake in Guild during the third quarter worth about $79,000. Institutional investors and hedge funds 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.