Strs Ohio Purchases New Holdings in JELD-WEN Holding, Inc. $JELD

Strs Ohio purchased a new stake in JELD-WEN Holding, Inc. (NYSE:JELD) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 48,400 shares of the company’s stock, valued at approximately $289,000. Strs Ohio owned approximately 0.06% of JELD-WEN as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the company. American Century Companies Inc. lifted its position in shares of JELD-WEN by 0.9% in the 1st quarter. American Century Companies Inc. now owns 5,829,115 shares of the company’s stock valued at $34,800,000 after acquiring an additional 53,175 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in JELD-WEN by 11.9% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,489,949 shares of the company’s stock worth $14,865,000 after buying an additional 264,510 shares in the last quarter. Alberta Investment Management Corp lifted its position in JELD-WEN by 43.1% in the 1st quarter. Alberta Investment Management Corp now owns 1,659,000 shares of the company’s stock worth $9,904,000 after buying an additional 500,000 shares in the last quarter. Federated Hermes Inc. lifted its position in JELD-WEN by 868.6% in the 1st quarter. Federated Hermes Inc. now owns 1,394,425 shares of the company’s stock worth $8,325,000 after buying an additional 1,250,456 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC lifted its position in JELD-WEN by 131.2% in the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 1,190,150 shares of the company’s stock worth $7,105,000 after buying an additional 675,320 shares in the last quarter. Hedge funds and other institutional investors own 95.04% of the company’s stock.

JELD-WEN Stock Down 2.1%

JELD-WEN stock opened at $5.28 on Wednesday. The company has a market capitalization of $450.49 million, a P/E ratio of -1.30 and a beta of 1.68. The firm’s fifty day simple moving average is $5.58 and its 200-day simple moving average is $5.03. The company has a current ratio of 1.77, a quick ratio of 1.04 and a debt-to-equity ratio of 2.42. JELD-WEN Holding, Inc. has a 1-year low of $3.27 and a 1-year high of $16.43.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. UBS Group increased their target price on shares of JELD-WEN from $5.00 to $5.75 and gave the stock a “neutral” rating in a research report on Thursday, August 7th. Barclays increased their target price on shares of JELD-WEN from $4.50 to $5.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 7th. Wall Street Zen upgraded shares of JELD-WEN from a “strong sell” rating to a “hold” rating in a research report on Saturday, August 9th. Finally, Jefferies Financial Group increased their target price on shares of JELD-WEN from $3.75 to $5.25 and gave the stock a “hold” rating in a research report on Wednesday, August 20th. Seven research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, JELD-WEN has a consensus rating of “Reduce” and a consensus price target of $6.03.

JELD-WEN Company 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.