Guild Holdings (NYSE:GHLD) Short Interest Update

Guild Holdings (NYSE:GHLD) saw a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 12,300 shares, a decline of 24.5% from the January 15th total of 16,300 shares. Based on an average daily trading volume, of 11,200 shares, the short-interest ratio is presently 1.1 days. Currently, 0.1% of the company’s shares are short sold.

Guild Trading Down 1.4 %

Shares of GHLD stock opened at $12.32 on Friday. Guild has a 1-year low of $11.21 and a 1-year high of $18.25. The firm has a market cap of $762.18 million, a PE ratio of -7.95, a price-to-earnings-growth ratio of 0.26 and a beta of 0.98. The company has a 50-day moving average of $13.19 and a two-hundred day moving average of $14.57. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.06 and a quick ratio of 0.06.

Hedge Funds Weigh In On Guild

A number of hedge funds have recently made changes to their positions in GHLD. Castleview Partners LLC acquired a new position in Guild during the third quarter worth $79,000. Empowered Funds LLC raised its holdings in shares of Guild by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 269,881 shares of the company’s stock valued at $4,488,000 after buying an additional 13,668 shares during the period. Basswood Capital Management L.L.C. lifted its stake in Guild by 11.9% during the 3rd quarter. Basswood Capital Management L.L.C. now owns 653,957 shares of the company’s stock worth $10,875,000 after acquiring an additional 69,603 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Guild by 2.0% during 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. Finally, HighTower Advisors LLC grew its position in Guild by 419.9% in the 4th quarter. HighTower Advisors LLC now owns 125,311 shares of the company’s stock valued at $1,768,000 after acquiring an additional 101,209 shares in the last quarter. Hedge funds and other institutional investors own 17.52% of the company’s stock.

Analysts Set New Price Targets

GHLD has been the subject of a number of recent research reports. Wedbush reaffirmed an “outperform” rating and issued a $20.00 target price on shares of Guild in a research note on Thursday, November 7th. JPMorgan Chase & Co. reduced their target price on shares of Guild from $13.00 to $11.50 and set an “underweight” rating on the stock in a research note on Tuesday, January 14th. Wells Fargo & Company dropped their price target on shares of Guild from $17.00 to $15.00 and set an “equal weight” rating for the company in a research note on Thursday, November 7th. Finally, Compass Point lifted their price target on shares of Guild from $16.00 to $19.00 and gave the company a “buy” rating in a research report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Guild has an average rating of “Moderate Buy” and a consensus target price of $16.67.

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.