Alyeska Investment Group L.P. reduced its holdings in JELD-WEN Holding, Inc. (NYSE:JELD) by 39.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 200,000 shares of the company’s stock after selling 131,241 shares during the quarter. Alyeska Investment Group L.P. owned approximately 0.19% of JELD-WEN worth $7,104,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Morgan Stanley acquired a new position in JELD-WEN during the 1st quarter worth $1,474,000. BlackRock Inc. lifted its holdings in JELD-WEN by 69.1% during the 2nd quarter. BlackRock Inc. now owns 2,994,158 shares of the company’s stock worth $97,191,000 after buying an additional 1,223,534 shares in the last quarter. FMR LLC lifted its holdings in JELD-WEN by 148.6% during the 2nd quarter. FMR LLC now owns 3,332,306 shares of the company’s stock worth $108,167,000 after buying an additional 1,991,945 shares in the last quarter. Systematic Financial Management LP lifted its holdings in JELD-WEN by 2.2% during the 2nd quarter. Systematic Financial Management LP now owns 262,730 shares of the company’s stock worth $8,528,000 after buying an additional 5,575 shares in the last quarter. Finally, Teachers Retirement System of The State of Kentucky lifted its holdings in JELD-WEN by 209.0% during the 2nd quarter. Teachers Retirement System of The State of Kentucky now owns 33,995 shares of the company’s stock worth $1,103,000 after buying an additional 22,995 shares in the last quarter. 41.03% of the stock is currently owned by institutional investors and hedge funds.

JELD-WEN Holding, Inc. (NYSE JELD) traded up $0.02 during mid-day trading on Tuesday, hitting $38.26. The stock had a trading volume of 505,200 shares, compared to its average volume of 713,014. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.28 and a current ratio of 1.93. JELD-WEN Holding, Inc. has a one year low of $24.95 and a one year high of $40.25.

JELD-WEN (NYSE:JELD) last posted its quarterly earnings results on Tuesday, November 7th. The company reported $0.55 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.03. The company had revenue of $991.40 million for the quarter, compared to the consensus estimate of $974.98 million. JELD-WEN had a return on equity of 58.83% and a net margin of 9.12%. The business’s revenue for the quarter was up 6.3% on a year-over-year basis. analysts expect that JELD-WEN Holding, Inc. will post 1.59 earnings per share for the current fiscal year.

In related news, SVP John R. Linker sold 7,235 shares of the company’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of $32.74, for a total value of $236,873.90. Following the completion of the sale, the senior vice president now owns 14,453 shares in the company, valued at approximately $473,191.22. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Corp Onex sold 20,832,636 shares of the company’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $32.74, for a total transaction of $682,060,502.64. The disclosure for this sale can be found here. In the last three months, insiders sold 47,672,683 shares of company stock worth $1,560,803,641.

JELD has been the topic of several research reports. Royal Bank of Canada reaffirmed a “buy” rating and set a $37.00 price objective on shares of JELD-WEN in a report on Tuesday, August 29th. Bank of America raised JELD-WEN from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $36.00 to $40.00 in a report on Thursday, September 7th. J P Morgan Chase & Co raised JELD-WEN from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $34.00 to $38.00 in a report on Wednesday, September 6th. Barclays upped their price objective on JELD-WEN from $37.00 to $39.00 and gave the stock an “overweight” rating in a report on Wednesday, November 8th. Finally, Goldman Sachs Group raised JELD-WEN from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $35.00 to $37.00 in a report on Wednesday, September 6th. Six analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $37.27.

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JELD-WEN 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.

Institutional Ownership by Quarter for JELD-WEN (NYSE:JELD)

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