1 week Ago By Defense World Staff
Corebridge Financial Inc. decreased its position in JELD-WEN Holding, Inc. (NYSE:JELD – Free Report) by 8.
6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 41,998 shares of the company’s stock after selling 3,936 shares during the quarter. Corebridge Financial Inc.
’s holdings in JELD-WEN were worth $344,000 as of its most recent SEC filing. Other institutional investors have also made changes to their positions in the company. Pzena Investment Management LLC boosted its holdings in JELD-WEN by 16.
5% in the fourth quarter. Pzena Investment Management LLC now owns 11,165,246 shares of the company’s stock worth $91,443,000 after purchasing an additional 1,583,238 shares during the period. Vanguard Group Inc.
lifted its position in shares of JELD-WEN by 1.2% in the 4th quarter. Vanguard Group Inc.
now owns 8,545,071 shares of the company’s stock worth $69,984,000 after buying an additional 101,944 shares during the last quarter. American Century Companies Inc. lifted its position in shares of JELD-WEN by 12.
3% in the 4th quarter. American Century Companies Inc. now owns 5,775,940 shares of the company’s stock worth $47,305,000 after buying an additional 634,101 shares during the last quarter.
Charles Schwab Investment Management Inc. boosted its holdings in shares of JELD-WEN by 11.0% in the 4th quarter.
Charles Schwab Investment Management Inc. now owns 2,225,439 shares of the company’s stock valued at $18,226,000 after buying an additional 220,815 shares during the period. Finally, State Street Corp grew its position in shares of JELD-WEN by 1.
1% during the 3rd quarter. State Street Corp now owns 1,998,363 shares of the company’s stock valued at $31,594,000 after buying an additional 21,264 shares during the last quarter. 95.
04% of the stock is currently owned by institutional investors. Insider Transactions at JELD-WENIn other news, major shareholder Turtle Creek Asset Management purchased 100,000 shares of the firm’s stock in a transaction on Thursday, April 3rd. The stock was purchased at an average cost of $5.
86 per share, with a total value of $586,000.00. Following the purchase, the insider now owns 12,664,379 shares in the company, valued at $74,213,260.
94. This trade represents a 0.80 % increase in their position.
The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director David G. Nord acquired 20,000 shares of the company’s stock in a transaction dated Monday, February 24th.
The stock was purchased at an average cost of $5.96 per share, for a total transaction of $119,200.00.
Following the purchase, the director now directly owns 40,000 shares in the company, valued at approximately $238,400. This represents a 100.00 % increase in their position.
The disclosure for this purchase can be found here. In the last three months, insiders purchased 660,137 shares of company stock valued at $3,996,687. Company insiders own 1.
24% of the company’s stock. Wall Street Analysts Forecast GrowthA number of equities analysts have issued reports on JELD shares. StockNews.
com cut shares of JELD-WEN from a “hold” rating to a “sell” rating in a report on Friday, March 7th. 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. The Goldman Sachs Group lowered their price objective on JELD-WEN from $9.00 to $8.
00 and set a “neutral” rating for the company in a research note on Wednesday, February 19th. UBS Group dropped their target price on JELD-WEN from $9.00 to $7.
50 and set a “neutral” rating on the stock in a research report on Wednesday, February 19th. Finally, Barclays reduced their price target on shares of JELD-WEN from $6.00 to $5.
00 and set an “equal weight” rating for the company in a report on Tuesday. Two investment analysts have rated the stock with a sell rating and seven have assigned a hold rating to the stock. According to data from MarketBeat.
com, JELD-WEN currently has a consensus rating of “Hold” and a consensus price target of $8.94.Get Our Latest Stock Report on JELD-WENJELD-WEN Trading Down 3.
4 %Shares of JELD stock opened at $5.23 on Friday. JELD-WEN Holding, Inc.
has a 1 year low of $4.91 and a 1 year high of $21.75.
The firm has a market capitalization of $446.04 million, a PE ratio of -2.34 and a beta of 1.
93. The stock has a fifty day moving average of $6.45 and a two-hundred day moving average of $9.
63. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.
33 and a current ratio of 2.03. JELD-WEN (NYSE:JELD – Get Free Report) last issued its quarterly earnings data on Monday, February 17th.
The company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.
20). The company had revenue of $895.70 million for the quarter, compared to the consensus estimate of $860.
82 million. JELD-WEN had a negative net margin of 5.01% and a positive return on equity of 7.
14%. As a group, research analysts expect that JELD-WEN Holding, Inc. will post 0.
88 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.
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