JELD-WEN Holding, Inc. (NYSE:JELD) Shares Sold by LSV Asset Management

LSV Asset Management lowered its position in JELD-WEN Holding, Inc. (NYSE:JELD - Free Report) by 34.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 143,500 shares of the company's stock after selling 76,900 shares during the quarter. LSV Asset Management owned approximately 0.17% of JELD-WEN worth $1,175,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JELD. Performa Ltd US LLC grew its stake in shares of JELD-WEN by 1,580.0% during the fourth quarter. Performa Ltd US LLC now owns 4,200 shares of the company's stock worth $34,000 after purchasing an additional 3,950 shares in the last quarter. US Bancorp DE lifted its holdings in JELD-WEN by 257.6% during the 4th quarter. US Bancorp DE now owns 9,752 shares of the company's stock worth $80,000 after buying an additional 7,025 shares during the last quarter. AXQ Capital LP acquired a new position in shares of JELD-WEN during the 4th quarter worth about $105,000. Royce & Associates LP purchased a new position in shares of JELD-WEN in the 4th quarter valued at about $118,000. Finally, Leavell Investment Management Inc. acquired a new stake in shares of JELD-WEN during the 4th quarter worth about $123,000. Institutional investors and hedge funds own 95.04% of the company's stock.

JELD-WEN Price Performance

NYSE:JELD traded up $0.07 during trading hours on Friday, hitting $5.15. The company's stock had a trading volume of 3,568,671 shares, compared to its average volume of 901,294. The company has a market capitalization of $439.21 million, a PE ratio of -2.31 and a beta of 1.93. JELD-WEN Holding, Inc. has a 52-week low of $4.91 and a 52-week high of $21.75. The business's 50-day moving average is $6.10 and its two-hundred day moving average is $9.31. 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 announced its quarterly earnings data on Monday, February 17th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.20). JELD-WEN had a negative net margin of 5.01% and a positive return on equity of 7.14%. The company had revenue of $895.70 million during the quarter, compared to analyst estimates of $860.82 million. As a group, research analysts anticipate that JELD-WEN Holding, Inc. will post 0.88 EPS for the current fiscal year.

Analysts Set New Price Targets

JELD has been the subject of several research reports. Truist Financial reduced their target price on JELD-WEN from $11.00 to $7.00 and set a "hold" rating for the company in a report on Wednesday, February 19th. Loop Capital decreased their price objective on JELD-WEN from $10.00 to $8.00 and set a "hold" rating for the company in a report on Wednesday, February 19th. 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 report on Tuesday, April 8th. StockNews.com cut shares of JELD-WEN from a "hold" rating to a "sell" rating in a research note on Friday, March 7th. Finally, The Goldman Sachs Group dropped their price objective on shares of JELD-WEN from $9.00 to $8.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 19th. Two research analysts have rated the stock with a sell rating and seven have given a hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $8.94.

Insider Buying and Selling

In other JELD-WEN news, Director David G. Nord bought 20,000 shares of the business's stock in a transaction on Monday, February 24th. The stock was bought at an average price of $5.96 per share, for a total transaction of $119,200.00. Following the completion of the transaction, the director now owns 40,000 shares in the company, valued at approximately $238,400. The trade was a 100.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Turtle Creek Asset Management purchased 72,000 shares of the stock in a transaction dated Thursday, February 27th. The stock was acquired at an average price of $6.08 per share, for a total transaction of $437,760.00. Following the completion of the transaction, the insider now directly owns 701,934 shares of the company's stock, valued at approximately $4,267,758.72. The trade was a 11.43 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 635,137 shares of company stock worth $3,619,687 in the last quarter. Company insiders own 1.24% of the company's stock.

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.