Engineers Gate Manager LP lowered its position in Jeld-Wen Holding Inc (NYSE:JELD) by 59.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 40,635 shares of the company’s stock after selling 59,793 shares during the period. Engineers Gate Manager LP’s holdings in Jeld-Wen were worth $1,600,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Macquarie Group Ltd. increased its holdings in Jeld-Wen by 0.8% in the second quarter. Macquarie Group Ltd. now owns 22,940 shares of the company’s stock worth $745,000 after buying an additional 174 shares during the last quarter. California Public Employees Retirement System grew its holdings in Jeld-Wen by 15.8% during the third quarter. California Public Employees Retirement System now owns 11,000 shares of the company’s stock valued at $391,000 after purchasing an additional 1,500 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in Jeld-Wen by 24.5% during the third quarter. Russell Investments Group Ltd. now owns 10,741 shares of the company’s stock valued at $382,000 after purchasing an additional 2,114 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Jeld-Wen by 331.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,522 shares of the company’s stock valued at $139,000 after purchasing an additional 2,706 shares during the last quarter. Finally, Peregrine Capital Management LLC grew its holdings in Jeld-Wen by 0.6% during the fourth quarter. Peregrine Capital Management LLC now owns 449,804 shares of the company’s stock valued at $17,709,000 after purchasing an additional 2,826 shares during the last quarter. Hedge funds and other institutional investors own 41.50% of the company’s stock.

Several equities analysts have commented on the company. Robert W. Baird reiterated a “buy” rating and set a $46.00 price target on shares of Jeld-Wen in a report on Tuesday, January 9th. Barclays set a $44.00 price target on Jeld-Wen and gave the company a “buy” rating in a report on Monday, January 8th. Zacks Investment Research upgraded Jeld-Wen from a “hold” rating to a “buy” rating and set a $45.00 price target on the stock in a report on Tuesday, January 23rd. Credit Suisse Group reiterated an “outperform” rating and set a $47.00 price target (up previously from $41.00) on shares of Jeld-Wen in a report on Monday, January 22nd. They noted that the move was a valuation call. Finally, B. Riley increased their price target on Jeld-Wen from $33.00 to $38.00 and gave the company a “neutral” rating in a report on Wednesday, November 15th. Five investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Jeld-Wen currently has a consensus rating of “Buy” and a consensus price target of $38.80.

In other news, SVP John R. Linker sold 7,235 shares of the stock in a transaction that occurred on Monday, November 20th. The stock was 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 directly owns 14,453 shares of the company’s stock, valued at $473,191.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Corp Onex sold 20,832,636 shares of the stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $32.74, for a total value of $682,060,502.64. The disclosure for this sale can be found here. Insiders sold 47,672,683 shares of company stock valued at $1,560,803,641 over the last three months.

Shares of Jeld-Wen Holding Inc (JELD) opened at $38.11 on Thursday. Jeld-Wen Holding Inc has a 12-month low of $27.61 and a 12-month high of $42.27. 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 (NYSE:JELD) last posted its quarterly earnings data on Tuesday, November 7th. The company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.03. Jeld-Wen had a return on equity of 58.83% and a net margin of 9.12%. The company had revenue of $991.40 million during the quarter, compared to analysts’ expectations of $974.98 million. Jeld-Wen’s quarterly revenue was up 6.3% compared to the same quarter last year. analysts anticipate that Jeld-Wen Holding Inc will post 1.62 EPS for the current fiscal year.

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About Jeld-Wen

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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Institutional Ownership by Quarter for Jeld-Wen (NYSE:JELD)

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