John R. Linker Sells 7,235 Shares of JELD-WEN Holding, Inc. (JELD) Stock
JELD-WEN Holding, Inc. (NYSE:JELD) SVP John R. Linker sold 7,235 shares of the company’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $32.74, for a total transaction of $236,873.90. Following the transaction, the senior vice president now owns 14,453 shares of the company’s stock, valued at approximately $473,191.22. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of JELD-WEN Holding, Inc. (NYSE:JELD) traded up $0.79 on Wednesday, reaching $39.22. 1,229,300 shares of the company were exchanged, compared to its average volume of 706,028. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.93 and a quick ratio of 1.28. JELD-WEN Holding, Inc. has a 12-month low of $24.95 and a 12-month high of $39.53.
JELD-WEN Holding (NYSE:JELD) last announced its earnings results on Tuesday, November 7th. The company reported $0.55 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.03. The firm had revenue of $991.40 million during the quarter, compared to analyst estimates of $974.98 million. JELD-WEN Holding had a net margin of 9.12% and a return on equity of 58.83%. The business’s quarterly revenue was up 6.3% compared to the same quarter last year. equities research analysts expect that JELD-WEN Holding, Inc. will post 1.61 EPS for the current fiscal year.
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A number of institutional investors and hedge funds have recently made changes to their positions in JELD. Vanguard Group Inc. bought a new position in JELD-WEN Holding in the 1st quarter valued at about $72,987,000. FMR LLC grew its position in JELD-WEN Holding by 148.6% in the 2nd quarter. FMR LLC now owns 3,332,306 shares of the company’s stock valued at $108,167,000 after buying an additional 1,991,945 shares in the last quarter. BlackRock Inc. grew its position in JELD-WEN Holding by 69.1% in the 2nd quarter. BlackRock Inc. now owns 2,994,158 shares of the company’s stock valued at $97,191,000 after buying an additional 1,223,534 shares in the last quarter. Citadel Advisors LLC grew its position in JELD-WEN Holding by 284.5% in the 2nd quarter. Citadel Advisors LLC now owns 1,588,520 shares of the company’s stock valued at $51,563,000 after buying an additional 1,175,414 shares in the last quarter. Finally, Obermeyer Wood Investment Counsel Lllp acquired a new stake in JELD-WEN Holding in the 2nd quarter valued at about $28,241,000. Hedge funds and other institutional investors own 44.70% of the company’s stock.
JELD has been the subject of several recent research reports. Royal Bank Of Canada restated a “buy” rating and set a $37.00 price target on shares of JELD-WEN Holding in a research report on Tuesday, August 29th. SunTrust Banks, Inc. restated a “hold” rating on shares of JELD-WEN Holding in a research report on Tuesday, September 12th. Zacks Investment Research upgraded shares of JELD-WEN Holding from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a research report on Monday, October 23rd. Bank of America Corporation upgraded shares of JELD-WEN Holding from a “neutral” rating to a “buy” rating and upped their price target for the stock from $36.00 to $40.00 in a research report on Thursday, September 7th. Finally, Goldman Sachs Group, Inc. (The) upgraded shares of JELD-WEN Holding from a “neutral” rating to a “buy” rating and upped their price target for the stock from $35.00 to $37.00 in a research report on Wednesday, September 6th. Six investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $37.27.
JELD-WEN Holding Company Profile
JELD-WEN Holding, Inc is a door and window manufacturer. The Company designs, produces and distributes a range of interior and exterior doors, wood, vinyl and aluminum windows, and related products for use in the new construction and repair and remodeling, of residential homes, and to an extent, non-residential buildings.
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