US Bancorp DE decreased its stake in JELD-WEN Holding, Inc. (NYSE:JELD – Free Report) by 38.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,034 shares of the company’s stock after selling 3,718 shares during the period. US Bancorp DE’s holdings in JELD-WEN were worth $36,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently made changes to their positions in the company. CWM LLC boosted its position in shares of JELD-WEN by 2,140.2% during the 1st quarter. CWM LLC now owns 6,407 shares of the company’s stock valued at $38,000 after purchasing an additional 6,121 shares in the last quarter. Quarry LP bought a new stake in shares of JELD-WEN during the 4th quarter valued at about $46,000. Teacher Retirement System of Texas bought a new stake in shares of JELD-WEN during the 1st quarter valued at about $74,000. Brevan Howard Capital Management LP bought a new stake in shares of JELD-WEN during the 4th quarter valued at about $83,000. Finally, GAMMA Investing LLC boosted its position in shares of JELD-WEN by 1,054.6% during the 1st quarter. GAMMA Investing LLC now owns 14,710 shares of the company’s stock valued at $88,000 after purchasing an additional 13,436 shares in the last quarter. Institutional investors and hedge funds own 95.04% of the company’s stock.
Analyst Ratings Changes
Several brokerages recently commented on JELD. Wall Street Zen upgraded JELD-WEN from a “strong sell” rating to a “hold” rating in a research report on Saturday, August 9th. Barclays upped their target price on JELD-WEN from $4.50 to $5.00 and gave the company an “equal weight” rating in a research report on Thursday, August 7th. Royal Bank Of Canada cut their target price on JELD-WEN from $5.00 to $2.00 and set an “underperform” rating on the stock in a research report on Wednesday, May 7th. UBS Group increased their price target on JELD-WEN from $5.00 to $5.75 and gave the stock a “neutral” rating in a report on Thursday, August 7th. Finally, The Goldman Sachs Group cut their price target on JELD-WEN from $6.00 to $5.25 and set a “neutral” rating on the stock in a report on Wednesday, May 7th. Seven research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, JELD-WEN has a consensus rating of “Reduce” and a consensus price target of $7.50.
JELD-WEN Stock Performance
Shares of JELD-WEN stock opened at $5.7950 on Wednesday. The company has a market cap of $494.89 million, a PE ratio of -1.43 and a beta of 1.65. JELD-WEN Holding, Inc. has a 52 week low of $3.27 and a 52 week high of $16.43. The business has a 50 day moving average price of $4.56 and a 200-day moving average price of $5.21. The company has a quick ratio of 1.04, a current ratio of 1.77 and a debt-to-equity ratio of 2.42.
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.
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