Knights of Columbus Asset Advisors LLC Boosts Stake in JELD-WEN Holding, Inc. (NYSE:JELD)

Knights of Columbus Asset Advisors LLC raised its position in JELD-WEN Holding, Inc. (NYSE:JELD) by 146.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 302,860 shares of the company’s stock after purchasing an additional 179,998 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in JELD-WEN were worth $5,718,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of JELD. Vanguard Group Inc. raised its holdings in shares of JELD-WEN by 4.1% during the 3rd quarter. Vanguard Group Inc. now owns 8,790,549 shares of the company’s stock valued at $117,442,000 after buying an additional 344,435 shares during the period. BlackRock Inc. lifted its stake in shares of JELD-WEN by 7.9% in the second quarter. BlackRock Inc. now owns 7,180,977 shares of the company’s stock worth $125,954,000 after acquiring an additional 526,959 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its holdings in JELD-WEN by 1.9% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,179,640 shares of the company’s stock valued at $21,034,000 after purchasing an additional 41,313 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in JELD-WEN by 3.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,024,732 shares of the company’s stock valued at $27,050,000 after purchasing an additional 76,609 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in JELD-WEN by 31.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,981,449 shares of the company’s stock worth $25,083,000 after purchasing an additional 474,654 shares during the last quarter. 95.04% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on JELD shares. Oppenheimer started coverage on shares of JELD-WEN in a research note on Friday, January 19th. They set a “market perform” rating on the stock. B. Riley lifted their price target on JELD-WEN from $17.00 to $20.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 21st. Loop Capital began coverage on JELD-WEN in a research note on Thursday, February 15th. They set a “hold” rating and a $22.00 price objective on the stock. Truist Financial increased their target price on JELD-WEN from $15.00 to $19.00 and gave the stock a “hold” rating in a report on Wednesday, February 21st. Finally, Royal Bank of Canada upped their price target on JELD-WEN from $15.00 to $16.00 and gave the company an “underperform” rating in a research report on Wednesday, February 21st. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $18.30.

JELD-WEN Stock Down 0.2 %

JELD stock opened at $18.29 on Friday. The company has a quick ratio of 1.49, a current ratio of 2.20 and a debt-to-equity ratio of 1.40. The firm’s 50-day simple moving average is $19.25 and its 200 day simple moving average is $17.17. The stock has a market cap of $1.57 billion, a PE ratio of 25.06 and a beta of 2.35. JELD-WEN Holding, Inc. has a fifty-two week low of $11.02 and a fifty-two week high of $21.67.

JELD-WEN (NYSE:JELD) last released its quarterly earnings results on Monday, February 19th. The company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.12. JELD-WEN had a return on equity of 17.99% and a net margin of 1.40%. The company had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.03 billion. During the same quarter in the previous year, the company posted $0.47 earnings per share. As a group, sell-side analysts predict that JELD-WEN Holding, Inc. will post 1.6 EPS for the current year.

Insider Activity

In other JELD-WEN news, major shareholder Turtle Creek Asset Management sold 53,000 shares of the firm’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $19.55, for a total transaction of $1,036,150.00. Following the transaction, the insider now owns 814,463 shares of the company’s stock, valued at approximately $15,922,751.65. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other JELD-WEN news, major shareholder Turtle Creek Asset Management sold 53,000 shares of the stock in a transaction on Friday, February 9th. The stock was sold at an average price of $19.55, for a total transaction of $1,036,150.00. Following the completion of the transaction, the insider now directly owns 814,463 shares of the company’s stock, valued at approximately $15,922,751.65. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Roderick Wendt sold 10,000 shares of the business’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $30.76, for a total value of $307,600.00. Following the completion of the sale, the director now directly owns 294,558 shares in the company, valued at approximately $9,060,604.08. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 127,000 shares of company stock valued at $2,698,610. Company insiders own 1.03% 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.