1 week Ago By Defense World Staff
Vanguard Group Inc. grew its position in shares of JELD-WEN Holding, Inc. ( NYSE:JELD – Free Report ) by 1.
2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,545,071 shares of the company’s stock after acquiring an additional 101,944 shares during the period. Vanguard Group Inc.
owned about 10.10% of JELD-WEN worth $69,984,000 as of its most recent SEC filing. Other institutional investors also recently modified their holdings of the company.
Fox Run Management L.L.C.
bought a new position in JELD-WEN during the 4th quarter valued at approximately $179,000. KLP Kapitalforvaltning AS purchased a new stake in JELD-WEN in the fourth quarter worth $123,000. AXQ Capital LP bought a new stake in JELD-WEN in the fourth quarter valued at $105,000.
American Century Companies Inc. increased its position in JELD-WEN by 12.3% during the 4th quarter.
American Century Companies Inc. now owns 5,775,940 shares of the company’s stock valued at $47,305,000 after purchasing an additional 634,101 shares during the period. Finally, Quantbot Technologies LP bought a new position in JELD-WEN in the 4th quarter worth $267,000.
95.04% of the stock is currently owned by hedge funds and other institutional investors. Wall Street Analysts Forecast Growth A number of equities research analysts have recently weighed in on the stock.
Barclays cut their target price on shares of JELD-WEN from $6.00 to $5.00 and set an “equal weight” rating on the stock in a research note on Tuesday.
StockNews.com cut JELD-WEN from a “hold” rating to a “sell” rating in a research report on Friday, March 7th. Loop Capital decreased their target price on JELD-WEN from $10.
00 to $8.00 and set a “hold” rating for the company in a research report on Wednesday, February 19th. UBS Group dropped their price target 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, Royal Bank of Canada decreased their price objective on JELD-WEN from $7.
00 to $5.00 and set an “underperform” rating for the company in a report on Wednesday, February 19th. Two research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company’s stock.
Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $8.94. Insider Activity In other JELD-WEN news, Director Steven E.
Wynne bought 10,000 shares of the firm’s stock in a transaction on Thursday, February 27th. The stock was acquired at an average price of $6.01 per share, with a total value of $60,100.
00. Following the transaction, the director now owns 28,000 shares in the company, valued at $168,280. This represents a 55.
56 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link . Also, major shareholder Turtle Creek Asset Management purchased 75,000 shares of the company’s stock in a transaction dated Monday, January 13th.
The shares were bought at an average cost of $8.46 per share, for a total transaction of $634,500.00.
Following the acquisition, the insider now owns 12,320,226 shares in the company, valued at approximately $104,229,111.96. The trade was a 0.
61 % increase in their ownership of the stock. The disclosure for this purchase can be found here . Insiders have bought a total of 660,137 shares of company stock worth $3,996,687 over the last 90 days.
1.24% of the stock is currently owned by insiders. JELD-WEN Stock Down 3.
4 % Shares of NYSE:JELD opened at $5.23 on Friday. The company has a current ratio of 2.
03, a quick ratio of 1.33 and a debt-to-equity ratio of 1.64.
The stock has a fifty day simple moving average of $6.45 and a two-hundred day simple moving average of $9.63.
JELD-WEN Holding, Inc. has a 12-month low of $4.91 and a 12-month high of $21.
75. The stock has a market capitalization of $446.04 million, a price-to-earnings ratio of -2.
34 and a beta of 1.93. JELD-WEN ( NYSE:JELD – Get Free Report ) last posted its quarterly earnings results on Monday, February 17th.
The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.
20). The company had revenue of $895.70 million during the quarter, compared to analysts’ expectations of $860.
82 million. JELD-WEN had a positive return on equity of 7.14% and a negative net margin of 5.
01%. On average, research analysts anticipate that JELD-WEN Holding, Inc. will post 0.
88 earnings per share for the current fiscal year. About JELD-WEN ( 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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