Barclays PLC Sells 18,835 Shares of JELD-WEN Holding, Inc. (NYSE:JELD)

Barclays PLC decreased its holdings in JELD-WEN Holding, Inc. (NYSE:JELD) by 10.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 156,910 shares of the company’s stock after selling 18,835 shares during the period. Barclays PLC owned approximately 0.19% of JELD-WEN worth $2,481,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Victory Capital Management Inc. boosted its stake in JELD-WEN by 1,167.9% in the third quarter. Victory Capital Management Inc. now owns 2,182,401 shares of the company’s stock valued at $34,504,000 after buying an additional 2,010,275 shares in the last quarter. Edgestream Partners L.P. acquired a new stake in shares of JELD-WEN in the 2nd quarter valued at approximately $817,000. Vaughan Nelson Investment Management L.P. grew its holdings in shares of JELD-WEN by 57.3% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 2,099,890 shares of the company’s stock valued at $33,200,000 after purchasing an additional 764,645 shares during the last quarter. Engine Capital Management LP lifted its stake in JELD-WEN by 223.6% in the 2nd quarter. Engine Capital Management LP now owns 1,162,303 shares of the company’s stock valued at $15,656,000 after purchasing an additional 803,095 shares during the last quarter. Finally, Natixis Advisors LLC boosted its position in JELD-WEN by 78.1% in the third quarter. Natixis Advisors LLC now owns 411,660 shares of the company’s stock valued at $6,508,000 after buying an additional 180,511 shares in the last quarter. Institutional investors and hedge funds own 95.04% of the company’s stock.

JELD-WEN Stock Performance

NYSE:JELD opened at $8.36 on Thursday. The company has a market capitalization of $707.42 million, a PE ratio of -4.57 and a beta of 2.12. JELD-WEN Holding, Inc. has a fifty-two week low of $8.15 and a fifty-two week high of $21.75. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.33 and a current ratio of 2.03. The company has a 50 day simple moving average of $11.51 and a two-hundred day simple moving average of $13.51.

JELD-WEN (NYSE:JELD) last announced its earnings results on Monday, November 4th. The company reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.08). The firm had revenue of $934.70 million for the quarter, compared to the consensus estimate of $990.64 million. JELD-WEN had a positive return on equity of 12.32% and a negative net margin of 3.98%. JELD-WEN’s quarterly revenue was down 13.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.53 EPS. Research analysts anticipate that JELD-WEN Holding, Inc. will post 0.73 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on JELD shares. UBS Group lowered their price target on shares of JELD-WEN from $19.00 to $15.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. Jefferies Financial Group upped their target price on JELD-WEN from $15.00 to $17.00 and gave the stock a “hold” rating in a report on Wednesday, October 9th. B. Riley cut their price target on JELD-WEN from $17.00 to $14.00 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. Royal Bank of Canada lowered their price objective on JELD-WEN from $9.00 to $8.00 and set an “underperform” rating for the company in a research note on Wednesday, December 18th. Finally, Barclays dropped their price objective on shares of JELD-WEN from $13.00 to $10.00 and set an “equal weight” rating for the company in a report on Wednesday, November 6th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $13.63.

Insider Activity

In related news, major shareholder Turtle Creek Asset Management acquired 200,000 shares of the stock in a transaction dated Thursday, November 7th. The stock was bought at an average price of $10.48 per share, for a total transaction of $2,096,000.00. Following the purchase, the insider now directly owns 11,941,452 shares of the company’s stock, valued at $125,146,416.96. The trade was a 1.70 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.03% of the stock is owned by company 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.