Wolverine Asset Management LLC Has $640,000 Stake in JELD-WEN Holding, Inc. $JELD

Wolverine Asset Management LLC grew its position in JELD-WEN Holding, Inc. (NYSE:JELD) by 27.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 163,337 shares of the company’s stock after purchasing an additional 35,562 shares during the quarter. Wolverine Asset Management LLC owned about 0.19% of JELD-WEN worth $640,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in JELD. CWM LLC lifted its stake in JELD-WEN by 2,140.2% during the first quarter. CWM LLC now owns 6,407 shares of the company’s stock worth $38,000 after purchasing an additional 6,121 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new position in JELD-WEN during the 2nd quarter worth $49,000. Wealth Enhancement Advisory Services LLC acquired a new stake in JELD-WEN during the 2nd quarter worth about $52,000. Performa Ltd US LLC grew its holdings in JELD-WEN by 119.0% during the 1st quarter. Performa Ltd US LLC now owns 9,200 shares of the company’s stock worth $55,000 after acquiring an additional 5,000 shares during the period. Finally, AlphaQuest LLC grew its holdings in JELD-WEN by 294.7% during the 1st quarter. AlphaQuest LLC now owns 11,169 shares of the company’s stock worth $67,000 after acquiring an additional 8,339 shares during the period. Institutional investors and hedge funds own 95.04% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. UBS Group raised their price target on shares of JELD-WEN from $5.00 to $5.75 and gave the company a “neutral” rating in a research report on Thursday, August 7th. Wall Street Zen raised shares of JELD-WEN from a “sell” rating to a “hold” rating in a report on Sunday. Barclays increased their target price on JELD-WEN from $4.50 to $5.00 and gave the company an “equal weight” rating in a research note on Thursday, August 7th. Weiss Ratings restated a “sell (d-)” rating on shares of JELD-WEN in a research report on Tuesday, October 14th. Finally, Jefferies Financial Group upped their price objective on shares of JELD-WEN from $3.75 to $5.25 and gave the company a “hold” rating in a research note on Wednesday, August 20th. Seven research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $6.03.

JELD-WEN Stock Performance

Shares of NYSE JELD opened at $4.36 on Monday. JELD-WEN Holding, Inc. has a 52-week low of $3.27 and a 52-week high of $14.65. The company has a market cap of $371.92 million, a P/E ratio of -1.07 and a beta of 1.69. The firm’s fifty day moving average is $5.35 and its two-hundred day moving average is $4.81. The company has a debt-to-equity ratio of 2.42, a quick ratio of 1.04 and a current ratio of 1.77.

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.