Two Sigma Investments LP boosted its holdings in shares of JELD-WEN Holding, Inc. (NYSE:JELD) by 23.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 615,254 shares of the company’s stock after purchasing an additional 118,568 shares during the period. Two Sigma Investments LP owned approximately 0.52% of JELD-WEN worth $24,223,000 at the end of the most recent quarter.
Other hedge funds have also added to or reduced their stakes in the company. Quantbot Technologies LP acquired a new stake in shares of JELD-WEN during the third quarter valued at approximately $110,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of 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 acquiring an additional 2,706 shares during the period. Strs Ohio acquired a new stake in shares of JELD-WEN during the fourth quarter valued at approximately $149,000. Virtu Financial LLC acquired a new stake in shares of JELD-WEN during the fourth quarter valued at approximately $205,000. Finally, Sii Investments Inc. WI acquired a new stake in shares of JELD-WEN during the third quarter valued at approximately $217,000. 59.58% of the stock is owned by institutional investors and hedge funds.
JELD-WEN stock opened at $29.63 on Friday. The company has a market capitalization of $3,255.13, a price-to-earnings ratio of 20.02, a P/E/G ratio of 0.99 and a beta of 2.35. The company has a current ratio of 1.98, a quick ratio of 1.28 and a debt-to-equity ratio of 1.60. JELD-WEN Holding, Inc. has a twelve month low of $27.61 and a twelve month high of $42.27.
JELD-WEN (NYSE:JELD) last released its quarterly earnings data on Wednesday, February 21st. The company reported $0.26 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.15). The company had revenue of $976.00 million during the quarter, compared to analyst estimates of $1 billion. JELD-WEN had a net margin of 0.29% and a return on equity of 18.76%. The company’s revenue was up .3% on a year-over-year basis. equities research analysts forecast that JELD-WEN Holding, Inc. will post 2.24 earnings per share for the current year.
JELD has been the topic of a number of recent analyst reports. Barclays set a $44.00 price target on shares of JELD-WEN and gave the company a “buy” rating in a report on Monday, January 8th. Robert W. Baird restated a “buy” rating and set a $46.00 price target on shares of JELD-WEN in a report on Tuesday, January 9th. Zacks Investment Research upgraded shares of JELD-WEN from a “hold” rating to a “buy” rating and set a $46.00 price target on the stock in a report on Wednesday, January 10th. Credit Suisse Group restated 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, Citigroup set a $40.00 price target on shares of JELD-WEN and gave the company a “neutral” rating in a report on Wednesday, February 14th. Nine research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. JELD-WEN has a consensus rating of “Hold” and an average target price of $39.15.
In other JELD-WEN news, Vice Chairman Roderick Wendt sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, March 9th. The shares were sold at an average price of $32.17, for a total value of $965,100.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Patrick Wright Tolbert bought 2,860 shares of the firm’s stock in a transaction on Wednesday, February 28th. The stock was acquired at an average cost of $30.88 per share, with a total value of $88,316.80. Following the completion of the transaction, the director now directly owns 4,343 shares of the company’s stock, valued at $134,111.84. The disclosure for this purchase can be found here. Insiders own 4.55% of the company’s stock.
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JELD-WEN Holding, Inc manufactures and sells doors and windows primarily in North America, Europe, and Australasia. The company offers a line of residential interior and exterior door products, including patio doors, and folding or sliding wall systems; non-residential doors; and wood, vinyl, and aluminum windows.
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