Guild Holdings (NYSE:GHLD) Shares Acquired by Empowered Funds LLC

Empowered Funds LLC boosted its position in Guild Holdings (NYSE:GHLD) by 5.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 269,881 shares of the company’s stock after acquiring an additional 13,668 shares during the quarter. Empowered Funds LLC owned 0.44% of Guild worth $4,488,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in GHLD. O Shaughnessy Asset Management LLC acquired a new stake in shares of Guild in the 1st quarter valued at $149,000. Renaissance Technologies LLC raised its stake in Guild by 8.2% in the second 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 in the last quarter. Bridges Investment Management Inc. purchased a new stake in Guild during the 2nd quarter worth about $10,497,000. Finally, Castleview Partners LLC acquired a new position in shares of Guild during the 3rd quarter worth about $79,000. Institutional investors and hedge funds own 17.52% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on GHLD. Wedbush restated an “outperform” rating and set a $20.00 target price on shares of Guild in a research note on Thursday, November 7th. JPMorgan Chase & Co. reduced their price objective on shares of Guild from $17.00 to $14.50 and set an “underweight” rating for the company in a research report on Thursday, November 7th. Finally, Wells Fargo & Company lowered their target price on shares of Guild from $17.00 to $15.00 and set an “equal weight” rating for the company in a report on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $16.80.

Guild Trading Down 0.4 %

GHLD opened at $13.99 on Monday. 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 $11.04 and a 52 week high of $18.25. The business’s 50 day moving average is $15.54 and its two-hundred day moving average is $15.11. The firm has a market cap of $858.85 million, a price-to-earnings ratio of -9.03, a price-to-earnings-growth ratio of 0.32 and a beta of 1.07.

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.