JELD-WEN Holding, Inc. (NYSE:JELD) Shares Bought by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. raised its holdings in JELD-WEN Holding, Inc. (NYSE:JELD) by 57.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,099,890 shares of the company’s stock after acquiring an additional 764,645 shares during the quarter. Vaughan Nelson Investment Management L.P.’s holdings in JELD-WEN were worth $33,200,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. SummerHaven Investment Management LLC lifted its holdings in JELD-WEN by 2.5% in the 2nd quarter. SummerHaven Investment Management LLC now owns 42,076 shares of the company’s stock valued at $567,000 after acquiring an additional 1,025 shares during the last quarter. ProShare Advisors LLC lifted its stake in JELD-WEN by 8.5% during the first quarter. ProShare Advisors LLC now owns 15,305 shares of the company’s stock valued at $325,000 after buying an additional 1,205 shares in the last quarter. Blue Trust Inc. lifted its stake in JELD-WEN by 79.8% during the third quarter. Blue Trust Inc. now owns 2,893 shares of the company’s stock valued at $46,000 after buying an additional 1,284 shares in the last quarter. Diversified Trust Co lifted its stake in JELD-WEN by 6.6% during the second quarter. Diversified Trust Co now owns 25,916 shares of the company’s stock valued at $349,000 after buying an additional 1,615 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its position in shares of JELD-WEN by 790.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 2,165 shares of the company’s stock worth $46,000 after acquiring an additional 1,922 shares in the last quarter. 95.04% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, major shareholder Turtle Creek Asset Management bought 450,000 shares of the firm’s stock in a transaction on Tuesday, November 5th. The stock was purchased at an average price of $10.06 per share, with a total value of $4,527,000.00. Following the completion of the transaction, the insider now directly owns 11,751,912 shares of the company’s stock, valued at $118,224,234.72. This trade represents a 3.98 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.03% of the company’s stock.

JELD-WEN Trading Down 1.6 %

Shares of NYSE JELD opened at $10.19 on Monday. The stock has a market cap of $862.28 million, a price-to-earnings ratio of -5.57 and a beta of 2.25. The business has a 50 day simple moving average of $14.26 and a 200 day simple moving average of $14.53. JELD-WEN Holding, Inc. has a 52 week low of $8.90 and a 52 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.

JELD-WEN (NYSE:JELD) last announced its earnings results on Monday, November 4th. The company reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.08). The company 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%. The firm’s revenue for the quarter was down 13.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.53 EPS. On average, research analysts predict that JELD-WEN Holding, Inc. will post 0.86 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on JELD shares. UBS Group reduced their price target on shares of JELD-WEN from $19.00 to $15.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th. The Goldman Sachs Group decreased their target price on JELD-WEN from $17.00 to $10.00 and set a “neutral” rating for the company in a research report on Wednesday, November 6th. B. Riley dropped their price target on JELD-WEN from $17.00 to $14.00 and set a “neutral” rating on the stock in a research report on Thursday, November 7th. Jefferies Financial Group raised their price objective on JELD-WEN from $15.00 to $17.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. Finally, Barclays lowered their target price on JELD-WEN from $13.00 to $10.00 and set an “equal weight” rating on the stock in a research note on Wednesday, November 6th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, JELD-WEN has a consensus rating of “Hold” and a consensus price target of $14.56.

About JELD-WEN

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.