JELD-WEN Holding, Inc. (NYSE:JELD) Position Raised by Vanguard Group Inc.

Vanguard Group Inc. boosted its stake in JELD-WEN Holding, Inc. (NYSE:JELD - Free Report) by 1.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,545,071 shares of the company's stock after purchasing an additional 101,944 shares during the period. Vanguard Group Inc. owned approximately 10.10% of JELD-WEN worth $69,984,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Geode Capital Management LLC raised its holdings in shares of JELD-WEN by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,945,899 shares of the company's stock valued at $30,771,000 after buying an additional 9,468 shares during the period. State Street Corp boosted its stake in shares of JELD-WEN by 1.1% in the third quarter. State Street Corp now owns 1,998,363 shares of the company's stock valued at $31,594,000 after purchasing an additional 21,264 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in JELD-WEN by 11.0% during 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 purchasing an additional 220,815 shares in the last quarter. Hennessy Advisors Inc. increased its stake in JELD-WEN by 6.8% during the 4th quarter. Hennessy Advisors Inc. now owns 477,200 shares of the company's stock worth $3,908,000 after buying an additional 30,400 shares during the period. Finally, US Bancorp DE boosted its position in JELD-WEN by 257.6% in the 4th quarter. US Bancorp DE now owns 9,752 shares of the company's stock valued at $80,000 after buying an additional 7,025 shares during the last quarter. Institutional investors and hedge funds own 95.04% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. UBS Group lowered their price objective on JELD-WEN from $9.00 to $7.50 and set a "neutral" rating for the company in a research note on Wednesday, February 19th. Truist Financial dropped their target price on shares of JELD-WEN from $11.00 to $7.00 and set a "hold" rating for the company in a research report on Wednesday, February 19th. The Goldman Sachs Group decreased their price target 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. StockNews.com cut JELD-WEN from a "hold" rating to a "sell" rating in a research note on Friday, March 7th. Finally, 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. Two equities research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $8.94.

JELD-WEN Stock Performance

Shares of NYSE:JELD traded down $0.01 during trading on Wednesday, hitting $5.14. 81,755 shares of the company traded hands, compared to its average volume of 881,554. The stock has a market capitalization of $438.35 million, a price-to-earnings ratio of -2.30 and a beta of 1.93. JELD-WEN Holding, Inc. has a one year low of $4.91 and a one year high of $21.75. The company has a quick ratio of 1.33, a current ratio of 2.03 and a debt-to-equity ratio of 1.64. The business's fifty day moving average is $6.25 and its 200-day moving average is $9.41.

JELD-WEN (NYSE:JELD - Get Free Report) last issued its quarterly earnings data on Monday, February 17th. The company reported ($0.13) EPS 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 positive return on equity of 7.14% and a negative net margin of 5.01%. As a group, equities analysts predict that JELD-WEN Holding, Inc. will post 0.88 earnings per share for the current fiscal year.

Insider Activity at JELD-WEN

In other JELD-WEN news, Director Steven E. Wynne bought 10,000 shares of the stock in a transaction that occurred on Thursday, February 27th. The shares were purchased at an average cost of $6.01 per share, for a total transaction of $60,100.00. Following the transaction, the director now directly owns 28,000 shares in the company, valued at $168,280. The trade was a 55.56 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director David G. Nord purchased 20,000 shares of JELD-WEN stock in a transaction on Monday, February 24th. The shares were acquired at an average price of $5.96 per share, with a total value of $119,200.00. Following the transaction, the director now directly owns 40,000 shares in the company, valued at $238,400. This trade represents a 100.00 % increase in their position. 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 ninety days. 1.24% of the stock is owned by insiders.

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.