HighTower Advisors LLC Has $1.77 Million Stock Holdings in Guild Holdings (NYSE:GHLD)

HighTower Advisors LLC grew its stake in shares of Guild Holdings (NYSE:GHLD) by 419.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 125,311 shares of the company’s stock after purchasing an additional 101,209 shares during the period. HighTower Advisors LLC’s holdings in Guild were worth $1,768,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Basswood Capital Management L.L.C. lifted its holdings 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 valued at $10,875,000 after purchasing an additional 69,603 shares in the last quarter. 17.52% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

GHLD has been the subject of a number of analyst reports. 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 report on Friday, March 7th. Compass Point increased their target price on shares of Guild from $16.00 to $19.00 and gave the company a “buy” rating in a report on Tuesday, January 21st. One analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $16.60.

Guild Stock Up 4.0 %

GHLD stock opened at $14.27 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. The firm has a market capitalization of $883.37 million, a PE ratio of -9.21, a PEG ratio of 0.27 and a beta of 0.98. Guild Holdings has a twelve month low of $11.21 and a twelve month high of $18.26. The stock has a 50-day simple moving average of $12.79 and a two-hundred day simple moving average of $14.05.

Guild Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 14.02%. The ex-dividend date of this dividend is Monday, March 17th. Guild’s payout ratio is 64.94%.

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.