6,177 Shares in JELD-WEN Holding, Inc. (NYSE:JELD) Bought by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale bought a new position in shares of JELD-WEN Holding, Inc. (NYSE:JELD) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 6,177 shares of the company’s stock, valued at approximately $118,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake in JELD-WEN by 4.1% during the 3rd quarter. Vanguard Group Inc. now owns 8,790,549 shares of the company’s stock worth $117,442,000 after purchasing an additional 344,435 shares during the last quarter. BlackRock Inc. boosted its stake in JELD-WEN by 7.9% during the 2nd quarter. BlackRock Inc. now owns 7,180,977 shares of the company’s stock worth $125,954,000 after purchasing an additional 526,959 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its position in shares of JELD-WEN by 1.9% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,179,640 shares of the company’s stock valued at $21,034,000 after acquiring an additional 41,313 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of JELD-WEN by 3.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,024,732 shares of the company’s stock valued at $27,050,000 after acquiring an additional 76,609 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of JELD-WEN by 31.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,981,449 shares of the company’s stock valued at $25,083,000 after acquiring an additional 474,654 shares during the last quarter. Institutional investors and hedge funds own 95.04% of the company’s stock.

JELD-WEN Stock Performance

Shares of JELD-WEN stock opened at $18.04 on Thursday. The firm has a market capitalization of $1.55 billion, a P/E ratio of 24.71 and a beta of 2.35. JELD-WEN Holding, Inc. has a 52 week low of $11.02 and a 52 week high of $21.67. The company has a quick ratio of 1.49, a current ratio of 2.20 and a debt-to-equity ratio of 1.40. The firm’s 50 day moving average is $19.30 and its two-hundred day moving average is $17.13.

JELD-WEN (NYSE:JELD) last announced its quarterly earnings results on Monday, February 19th. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.25 by $0.12. The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.03 billion. JELD-WEN had a net margin of 1.40% and a return on equity of 17.99%. During the same period in the prior year, the firm posted $0.47 earnings per share. Research analysts forecast that JELD-WEN Holding, Inc. will post 1.67 EPS for the current fiscal year.

Insider Activity

In other news, major shareholder Turtle Creek Asset Management sold 54,000 shares of the stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $19.84, for a total value of $1,071,360.00. Following the completion of the sale, the insider now directly owns 760,463 shares of the company’s stock, valued at $15,087,585.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director Roderick Wendt sold 10,000 shares of the stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $30.76, for a total value of $307,600.00. Following the completion of the sale, the director now directly owns 294,558 shares of the company’s stock, valued at $9,060,604.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Turtle Creek Asset Management sold 54,000 shares of the stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $19.84, for a total value of $1,071,360.00. Following the completion of the sale, the insider now directly owns 760,463 shares of the company’s stock, valued at $15,087,585.92. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 127,000 shares of company stock valued at $2,698,610. 1.03% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Truist Financial boosted their price target on shares of JELD-WEN from $15.00 to $19.00 and gave the company a “hold” rating in a research report on Wednesday, February 21st. Royal Bank of Canada boosted their price target on shares of JELD-WEN from $15.00 to $16.00 and gave the company an “underperform” rating in a research report on Wednesday, February 21st. B. Riley boosted their price target on shares of JELD-WEN from $17.00 to $20.00 and gave the company a “neutral” rating in a research report on Wednesday, February 21st. Oppenheimer began coverage on shares of JELD-WEN in a research report on Friday, January 19th. They set a “market perform” rating on the stock. Finally, Loop Capital initiated coverage on shares of JELD-WEN in a research note on Thursday, February 15th. They set a “hold” rating and a $22.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $18.30.

JELD-WEN Profile

JELD-WEN Holding, Inc designs, manufactures, and sells wood, metal, and composite materials doors, windows, and related building products in North America and Europe. The company offers a line of residential interior and exterior door products, including patio doors, and folding or sliding wall systems; non-residential doors; stile and rail doors; and wood, vinyl, and wood composite windows.