JELD-WEN Holding, Inc. (NYSE:JELD) Stock Position Lifted by Allianz Asset Management GmbH

Allianz Asset Management GmbH raised its holdings in JELD-WEN Holding, Inc. (NYSE:JELDFree Report) by 131.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 84,760 shares of the company’s stock after acquiring an additional 48,206 shares during the quarter. Allianz Asset Management GmbH owned about 0.10% of JELD-WEN worth $1,600,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Access Investment Management LLC acquired a new stake in JELD-WEN in the fourth quarter valued at approximately $2,124,000. First Eagle Investment Management LLC lifted its stake in JELD-WEN by 99.9% in the fourth quarter. First Eagle Investment Management LLC now owns 251,784 shares of the company’s stock valued at $4,754,000 after acquiring an additional 125,837 shares during the last quarter. Knights of Columbus Asset Advisors LLC lifted its stake in JELD-WEN by 146.5% in the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 302,860 shares of the company’s stock valued at $5,718,000 after acquiring an additional 179,998 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in JELD-WEN in the fourth quarter valued at approximately $125,000. Finally, Vanguard Group Inc. lifted its stake in JELD-WEN by 4.1% in the third quarter. Vanguard Group Inc. now owns 8,790,549 shares of the company’s stock valued at $117,442,000 after acquiring an additional 344,435 shares during the last quarter. 95.04% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

JELD has been the subject of a number of analyst reports. UBS Group reduced their target price on shares of JELD-WEN from $22.00 to $19.00 and set a “buy” rating for the company in a research note on Wednesday, May 8th. StockNews.com cut shares of JELD-WEN from a “buy” rating to a “hold” rating in a research note on Wednesday, May 8th. Barclays reduced their price objective on shares of JELD-WEN from $18.00 to $15.00 and set an “equal weight” rating for the company in a research note on Monday, May 13th. Loop Capital initiated coverage on shares of JELD-WEN in a research report on Thursday, February 15th. They set a “hold” rating and a $22.00 target price on the stock. Finally, B. Riley boosted their target price on shares of JELD-WEN from $17.00 to $20.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 21st. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $18.00.

View Our Latest Report on JELD-WEN

JELD-WEN Trading Down 2.3 %

Shares of JELD-WEN stock opened at $14.12 on Monday. The firm has a market capitalization of $1.21 billion, a PE ratio of 61.39 and a beta of 2.30. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.08 and a quick ratio of 1.39. The company’s fifty day moving average price is $17.56 and its two-hundred day moving average price is $18.10. JELD-WEN Holding, Inc. has a 52-week low of $11.02 and a 52-week high of $21.75.

JELD-WEN (NYSE:JELDGet Free Report) last announced its quarterly earnings results on Monday, May 6th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.01. The firm had revenue of $959.10 million for the quarter, compared to analyst estimates of $972.62 million. JELD-WEN had a net margin of 0.47% and a return on equity of 15.78%. On average, analysts expect that JELD-WEN Holding, Inc. will post 1.19 EPS for the current year.

JELD-WEN Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for JELD-WEN (NYSE:JELD)

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