Donald Smith & CO. Inc. Acquires 1,535 Shares of Guild Holdings (NYSE:GHLD)

Donald Smith & CO. Inc. increased its position in Guild Holdings (NYSE:GHLD) by 0.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 344,742 shares of the company’s stock after purchasing an additional 1,535 shares during the quarter. Donald Smith & CO. Inc. owned approximately 0.56% of Guild worth $4,864,000 as of its most recent SEC filing.

Separately, Geode Capital Management LLC increased 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 acquiring an additional 1,901 shares during the period. Institutional investors and hedge funds own 17.52% of the company’s stock.

Guild Stock Performance

NYSE:GHLD opened at $14.75 on Thursday. The company has a market cap of $913.08 million, a price-to-earnings ratio of -9.52, a price-to-earnings-growth ratio of 0.27 and a beta of 0.98. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.92. Guild Holdings has a 52 week low of $11.21 and a 52 week high of $18.26. The company has a fifty day simple moving average of $13.04 and a two-hundred day simple moving average of $13.96.

Guild Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, March 17th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 13.56%. Guild’s payout ratio is 64.94%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on GHLD shares. Compass Point raised their price objective on Guild from $16.00 to $19.00 and gave the company a “buy” rating in a research report on Tuesday, January 21st. JPMorgan Chase & Co. increased their price target on Guild from $11.50 to $12.50 and gave the company an “underweight” rating in a research note on Friday, March 7th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $16.60.

Guild 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.