The Manufacturers Life Insurance Company Has $2.05 Million Holdings in JELD-WEN Holding, Inc. (NYSE:JELD)

The Manufacturers Life Insurance Company increased its holdings in JELD-WEN Holding, Inc. (NYSE:JELD) by 21.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 52,039 shares of the company’s stock after purchasing an additional 9,155 shares during the period. The Manufacturers Life Insurance Company’s holdings in JELD-WEN were worth $2,048,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Quantbot Technologies LP acquired a new position in shares of JELD-WEN during the third quarter worth about $110,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of JELD-WEN by 331.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,522 shares of the company’s stock worth $139,000 after acquiring an additional 2,706 shares in the last quarter. Strs Ohio acquired a new position in shares of JELD-WEN in the fourth quarter worth about $149,000. Sii Investments Inc. WI acquired a new position in shares of JELD-WEN in the third quarter worth about $217,000. Finally, First Quadrant L P CA acquired a new stake in JELD-WEN during the fourth quarter valued at approximately $219,000. 59.58% of the stock is owned by institutional investors and hedge funds.

How to Become a New Pot Stock Millionaire

Several analysts have issued reports on JELD shares. Barclays restated a “buy” rating and set a $39.00 price objective on shares of JELD-WEN in a research note on Sunday, February 25th. Deutsche Bank lowered JELD-WEN from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $42.27 to $36.00 in a report on Thursday, March 22nd. JPMorgan Chase lowered JELD-WEN from an “overweight” rating to a “neutral” rating and set a $32.00 price objective for the company. in a report on Thursday, February 22nd. Credit Suisse Group restated an “outperform” rating and issued a $47.00 target price (up from $41.00) on shares of JELD-WEN in a research report on Monday, January 22nd. They noted that the move was a valuation call. Finally, Royal Bank of Canada set a $39.00 target price on JELD-WEN and gave the stock a “buy” rating in a research report on Friday, February 23rd. Nine research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $39.15.

Shares of NYSE:JELD traded down $0.93 during midday trading on Friday, hitting $29.63. The company’s stock had a trading volume of 366,060 shares, compared to its average volume of 826,433. The company has a market cap of $3,249.81, a P/E ratio of 20.02, a P/E/G ratio of 0.99 and a beta of 2.35. JELD-WEN Holding, Inc. has a fifty-two week low of $27.61 and a fifty-two week high of $42.27. The company has a debt-to-equity ratio of 1.60, a quick ratio of 1.28 and a current ratio of 1.98.

JELD-WEN (NYSE:JELD) last issued its quarterly earnings results on Wednesday, February 21st. The company reported $0.26 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.15). JELD-WEN had a net margin of 0.29% and a return on equity of 18.76%. The business had revenue of $976.00 million during the quarter, compared to analyst estimates of $1 billion. The firm’s quarterly revenue was up .3% compared to the same quarter last year. equities analysts predict that JELD-WEN Holding, Inc. will post 2.24 EPS for the current year.

In other JELD-WEN news, Director Patrick Wright Tolbert purchased 2,860 shares of the business’s stock in a transaction on Wednesday, February 28th. The stock was purchased at an average price of $30.88 per share, for a total transaction of $88,316.80. Following the completion of the purchase, the director now directly owns 4,343 shares in the company, valued at $134,111.84. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Vice Chairman Roderick Wendt sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, March 9th. The stock was sold at an average price of $32.17, for a total transaction of $965,100.00. The disclosure for this sale can be found here. 4.55% of the stock is currently owned by company insiders.

TRADEMARK VIOLATION NOTICE: This article was originally posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this article on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark laws. The legal version of this article can be accessed at


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.

Institutional Ownership by Quarter for JELD-WEN (NYSE:JELD)

Receive News & Ratings for JELD-WEN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JELD-WEN and related companies with's FREE daily email newsletter.

Leave a Reply