JELD-WEN Holding, Inc. (NYSE:JELD) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its stake in JELD-WEN Holding, Inc. (NYSE:JELD) by 11.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,225,439 shares of the company’s stock after acquiring an additional 220,815 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 2.63% of JELD-WEN worth $18,226,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of JELD. US Bancorp DE lifted its position in shares of JELD-WEN by 257.6% during the 4th quarter. US Bancorp DE now owns 9,752 shares of the company’s stock valued at $80,000 after buying an additional 7,025 shares in the last quarter. Leavell Investment Management Inc. purchased a new position in shares of JELD-WEN during the 4th quarter valued at approximately $123,000. Versor Investments LP purchased a new position in JELD-WEN in the 4th quarter valued at $142,000. Diversified Trust Co lifted its holdings in JELD-WEN by 8.8% in the 4th quarter. Diversified Trust Co now owns 27,614 shares of the company’s stock valued at $226,000 after purchasing an additional 2,242 shares in the last quarter. Finally, SG Americas Securities LLC lifted its holdings in JELD-WEN by 57.1% in the 4th quarter. SG Americas Securities LLC now owns 32,884 shares of the company’s stock valued at $269,000 after purchasing an additional 11,946 shares in the last quarter. 95.04% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently commented on JELD. The Goldman Sachs Group reduced their price target on JELD-WEN from $9.00 to $8.00 and set a “neutral” rating on the stock in a report on Wednesday, February 19th. Truist Financial dropped their target price on JELD-WEN from $11.00 to $7.00 and set a “hold” rating for the company in a research report on Wednesday, February 19th. Barclays decreased their price objective on JELD-WEN from $9.00 to $6.00 and set an “equal weight” rating for the company in a research note on Monday, February 24th. UBS Group decreased their price objective on JELD-WEN from $9.00 to $7.50 and set a “neutral” rating for the company in a research note on Wednesday, February 19th. Finally, Loop Capital decreased their target price on JELD-WEN from $10.00 to $8.00 and set a “hold” rating for the company in a research note on Wednesday, February 19th. Two investment analysts have rated the stock with a sell rating and seven have given a hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $9.06.

JELD-WEN Trading Down 0.1 %

Shares of JELD stock opened at $6.21 on Thursday. The business’s fifty day moving average price is $7.69 and its 200 day moving average price is $10.72. JELD-WEN Holding, Inc. has a 1-year low of $5.44 and a 1-year high of $21.75. The firm has a market capitalization of $530.21 million, a PE ratio of -2.79 and a beta of 2.23. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.03 and a quick ratio of 1.33.

JELD-WEN (NYSE:JELD) last posted its earnings results on Monday, February 17th. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.20). The firm had revenue of $895.70 million during the quarter, compared to analyst estimates of $860.82 million. JELD-WEN had a negative net margin of 5.01% and a positive return on equity of 7.14%. As a group, sell-side analysts forecast that JELD-WEN Holding, Inc. will post 0.88 EPS for the current fiscal year.

Insider Buying and Selling at JELD-WEN

In other JELD-WEN news, Director Steven E. Wynne bought 10,000 shares of JELD-WEN stock in a transaction that occurred on Thursday, February 27th. The shares were purchased at an average cost of $6.01 per share, for a total transaction of $60,100.00. Following the completion of the transaction, the director now owns 28,000 shares of the company’s stock, valued at $168,280. This represents a 55.56 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Turtle Creek Asset Management bought 86,801 shares of JELD-WEN stock in a transaction that occurred on Wednesday, March 5th. The shares were acquired at an average price of $5.62 per share, for a total transaction of $487,821.62. Following the completion of the transaction, the insider now directly owns 12,389,409 shares of the company’s stock, valued at $69,628,478.58. This trade represents a 0.71 % increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders have bought 525,137 shares of company stock valued at $3,719,287. 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.