Barclays PLC Buys 7,383 Shares of JELD-WEN Holding, Inc. (NYSE:JELD)

Barclays PLC boosted its stake in shares of JELD-WEN Holding, Inc. (NYSE:JELD) by 4.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 164,293 shares of the company’s stock after buying an additional 7,383 shares during the quarter. Barclays PLC owned approximately 0.19% of JELD-WEN worth $1,344,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Performa Ltd US LLC boosted its holdings in shares of JELD-WEN by 1,580.0% in the fourth quarter. Performa Ltd US LLC now owns 4,200 shares of the company’s stock valued at $34,000 after purchasing an additional 3,950 shares during the period. US Bancorp DE increased its stake in shares of JELD-WEN by 257.6% during the fourth quarter. US Bancorp DE now owns 9,752 shares of the company’s stock valued at $80,000 after buying an additional 7,025 shares during the period. AXQ Capital LP bought a new stake in shares of JELD-WEN in the fourth quarter valued at about $105,000. Royce & Associates LP purchased a new stake in JELD-WEN in the fourth quarter worth about $118,000. Finally, Leavell Investment Management Inc. purchased a new position in JELD-WEN during the 4th quarter valued at about $123,000. 95.04% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director David G. Nord acquired 20,000 shares of the firm’s stock in a transaction dated Monday, February 24th. The stock was acquired at an average price of $5.96 per share, with a total value of $119,200.00. Following the acquisition, the director now directly owns 40,000 shares in the company, valued at $238,400. This represents a 100.00 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Steven E. Wynne bought 10,000 shares of the company’s stock in a transaction that occurred on Thursday, February 27th. The shares were bought at an average cost of $6.01 per share, for a total transaction of $60,100.00. Following the completion of the acquisition, the director now owns 28,000 shares of the company’s stock, valued at $168,280. This trade represents a 55.56 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders have acquired 714,404 shares of company stock worth $4,023,392. 1.24% of the stock is owned by company insiders.

JELD-WEN Price Performance

Shares of JELD opened at $5.77 on Friday. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.03 and a quick ratio of 1.33. The company’s fifty day moving average price is $5.67 and its 200-day moving average price is $8.48. JELD-WEN Holding, Inc. has a 1-year low of $4.91 and a 1-year high of $20.20. The firm has a market capitalization of $492.56 million, a PE ratio of -2.59 and a beta of 1.86.

JELD-WEN (NYSE:JELD) last posted its quarterly earnings results on Monday, February 17th. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.20). JELD-WEN had a negative net margin of 5.01% and a positive return on equity of 7.14%. The firm had revenue of $895.70 million for the quarter, compared to analysts’ expectations of $860.82 million. On average, equities research analysts predict that JELD-WEN Holding, Inc. will post 0.88 EPS for the current year.

Wall Street Analysts Forecast Growth

JELD has been the subject of several research reports. The Goldman Sachs Group lowered their price target on shares of JELD-WEN from $9.00 to $8.00 and set a “neutral” rating for the company in a research report on Wednesday, February 19th. Royal Bank of Canada cut their price target on JELD-WEN from $7.00 to $5.00 and set an “underperform” rating on the stock in a report on Wednesday, February 19th. StockNews.com lowered JELD-WEN from a “hold” rating to a “sell” rating in a research report on Friday, March 7th. Truist Financial dropped their price objective on JELD-WEN from $11.00 to $7.00 and set a “hold” rating on the stock in a research report on Wednesday, February 19th. Finally, UBS Group reduced their target price on shares of JELD-WEN from $9.00 to $7.50 and set a “neutral” rating for the company in a report on Wednesday, February 19th. Two equities research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $8.94.

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.