Guild Holdings (NYSE:GHLD) Short Interest Update

Guild Holdings (NYSE:GHLD) saw a significant growth in short interest in January. As of January 15th, there was short interest totalling 17,900 shares, a growth of 842.1% from the December 31st total of 1,900 shares. Based on an average daily volume of 12,900 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.2% of the company’s stock are short sold.

Analyst Ratings Changes

A number of equities research analysts recently commented on GHLD shares. JPMorgan Chase & Co. lowered their price target on Guild from $13.00 to $11.50 and set an “underweight” rating for the company in a research report on Tuesday, January 14th. Compass Point raised 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. Wedbush reaffirmed an “outperform” rating and issued a $20.00 price objective on shares of Guild in a research report on Thursday, November 7th. Finally, Wells Fargo & Company dropped their target price on shares of Guild from $17.00 to $15.00 and set an “equal weight” rating on the stock in a research report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $16.67.

Guild Stock Performance

Shares of GHLD stock opened at $12.72 on Wednesday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.06 and a current ratio of 0.06. The firm has a market cap of $786.93 million, a price-to-earnings ratio of -8.20, a P/E/G ratio of 0.26 and a beta of 1.00. Guild has a 52 week low of $11.21 and a 52 week high of $18.25. The firm’s 50-day simple moving average is $13.47 and its two-hundred day simple moving average is $14.73.

Hedge Funds Weigh In On Guild

Several institutional investors have recently bought and sold shares of GHLD. Basswood Capital Management L.L.C. increased its stake in shares of Guild by 11.9% in the third quarter. Basswood Capital Management L.L.C. now owns 653,957 shares of the company’s stock worth $10,875,000 after purchasing an additional 69,603 shares in the last quarter. Empowered Funds LLC boosted its holdings in 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 period. Geode Capital Management LLC grew its stake in 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 in the last quarter. Renaissance Technologies LLC raised its holdings in 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 acquiring an additional 2,100 shares during the period. Finally, Castleview Partners LLC purchased a new stake in shares of Guild during the third quarter worth $79,000. Hedge funds and other institutional investors 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.