JELD-WEN Holding, Inc. (NYSE:JELD) Shares Acquired by SummerHaven Investment Management LLC

SummerHaven Investment Management LLC lifted its holdings in JELD-WEN Holding, Inc. (NYSE:JELD) by 1.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 40,531 shares of the company’s stock after acquiring an additional 591 shares during the quarter. SummerHaven Investment Management LLC’s holdings in JELD-WEN were worth $765,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Knights of Columbus Asset Advisors LLC lifted its stake in shares of JELD-WEN by 146.5% in the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 302,860 shares of the company’s stock valued at $5,718,000 after purchasing an additional 179,998 shares during the period. Vanguard Group Inc. grew its position in shares of JELD-WEN by 4.1% during the 3rd quarter. Vanguard Group Inc. now owns 8,790,549 shares of the company’s stock valued at $117,442,000 after acquiring an additional 344,435 shares during the period. Assenagon Asset Management S.A. increased its stake in shares of JELD-WEN by 22.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 314,880 shares of the company’s stock valued at $5,945,000 after purchasing an additional 56,807 shares in the last quarter. State Board of Administration of Florida Retirement System raised its holdings in JELD-WEN by 178.0% in the 3rd quarter. State Board of Administration of Florida Retirement System now owns 67,219 shares of the company’s stock worth $898,000 after purchasing an additional 43,037 shares during the period. Finally, First Eagle Investment Management LLC purchased a new position in JELD-WEN during the third quarter worth approximately $1,683,000. Hedge funds and other institutional investors own 95.04% of the company’s stock.

Insider Buying and Selling at JELD-WEN

In related news, Director Roderick Wendt sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $30.76, for a total value of $307,600.00. Following the transaction, the director now directly owns 294,558 shares in the company, valued at $9,060,604.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other JELD-WEN news, major shareholder Turtle Creek Asset Management sold 54,000 shares of the stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $19.84, for a total transaction of $1,071,360.00. Following the completion of the transaction, the insider now owns 760,463 shares of the company’s stock, valued at $15,087,585.92. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Roderick Wendt sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $30.76, for a total transaction of $307,600.00. Following the completion of the sale, the director now directly owns 294,558 shares in the company, valued at $9,060,604.08. The disclosure for this sale can be found here. Insiders have sold 127,000 shares of company stock worth $2,698,610 in the last ninety days. 1.03% of the stock is owned by insiders.

JELD-WEN Price Performance

NYSE:JELD opened at $21.00 on Tuesday. JELD-WEN Holding, Inc. has a one year low of $11.02 and a one year high of $21.75. The stock has a market cap of $1.81 billion, a PE ratio of 28.77 and a beta of 2.35. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.49 and a current ratio of 2.20. The stock has a 50 day moving average price of $19.32 and a 200 day moving average price of $17.53.

JELD-WEN (NYSE:JELD) last issued its earnings results on Monday, February 19th. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.12. JELD-WEN had a return on equity of 17.99% and a net margin of 1.40%. The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.03 billion. During the same period last year, the company earned $0.47 EPS. Equities research analysts expect that JELD-WEN Holding, Inc. will post 1.6 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Oppenheimer started coverage on JELD-WEN in a research note on Friday, January 19th. They set a “market perform” rating for the company. Loop Capital started coverage on shares of JELD-WEN in a report on Thursday, February 15th. They set a “hold” rating and a $22.00 price objective on the stock. B. Riley boosted their target price on shares of JELD-WEN from $17.00 to $20.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 21st. Royal Bank of Canada raised their price target on shares of JELD-WEN from $15.00 to $16.00 and gave the company an “underperform” rating in a research note on Wednesday, February 21st. Finally, Truist Financial boosted their price objective on JELD-WEN from $15.00 to $19.00 and gave the stock a “hold” rating in a research note on Wednesday, February 21st. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, JELD-WEN has a consensus rating of “Hold” and an average target price of $18.30.

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.