Cramer Rosenthal Mcglynn LLC lowered its stake in Jeld-Wen Holding Inc (NYSE:JELD) by 1.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 580,825 shares of the company’s stock after selling 11,210 shares during the quarter. Cramer Rosenthal Mcglynn LLC owned about 0.49% of Jeld-Wen worth $22,867,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Goldman Sachs Group Inc. raised its position in Jeld-Wen by 13.6% during the fourth quarter. Goldman Sachs Group Inc. now owns 236,200 shares of the company’s stock worth $9,299,000 after acquiring an additional 28,230 shares in the last quarter. Stone Ridge Asset Management LLC acquired a new position in shares of Jeld-Wen in the fourth quarter valued at $573,000. Deutsche Bank AG increased its holdings in shares of Jeld-Wen by 133.3% in the fourth quarter. Deutsche Bank AG now owns 341,481 shares of the company’s stock valued at $13,442,000 after purchasing an additional 195,084 shares during the last quarter. Renaissance Technologies LLC increased its holdings in shares of Jeld-Wen by 473.7% in the fourth quarter. Renaissance Technologies LLC now owns 523,200 shares of the company’s stock valued at $20,598,000 after purchasing an additional 432,000 shares during the last quarter. Finally, Koch Industries Inc. acquired a new position in shares of Jeld-Wen in the fourth quarter valued at $258,000. 53.84% of the stock is currently owned by hedge funds and other institutional investors.
Several equities analysts recently commented on JELD shares. Bank of America restated a “buy” rating and issued a $41.00 price target (down from $44.00) on shares of Jeld-Wen in a research note on Thursday, February 22nd. Zacks Investment Research downgraded shares of Jeld-Wen from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 23rd. Credit Suisse Group downgraded shares of Jeld-Wen from an “outperform” rating to a “neutral” rating in a research note on Wednesday, February 28th. Royal Bank of Canada set a $39.00 price objective on shares of Jeld-Wen and gave the stock a “buy” rating in a research note on Friday, February 23rd. Finally, Barclays set a $44.00 price objective on shares of Jeld-Wen and gave the stock a “buy” rating in a research note on Monday, January 8th. Nine equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $39.00.
Shares of Jeld-Wen Holding Inc (NYSE:JELD) opened at $33.19 on Wednesday. The company has a market cap of $3,859.21, a P/E ratio of 25.82, a PEG ratio of 1.07 and a beta of 2.76. Jeld-Wen Holding Inc has a 52-week low of $27.61 and a 52-week high of $42.27. 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 (NYSE:JELD) last announced its quarterly earnings data on Wednesday, February 21st. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.15). Jeld-Wen had a return on equity of 18.76% and a net margin of 0.29%. The company had revenue of $976.00 million for the quarter, compared to analyst estimates of $1 billion. The firm’s revenue for the quarter was up .3% on a year-over-year basis. research analysts expect that Jeld-Wen Holding Inc will post 2.22 earnings per share for the current year.
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Jeld-Wen Company Profile
JELD-WEN Holding, Inc is a door and window manufacturer. The Company designs, produces and distributes a range of interior and exterior doors, wood, vinyl and aluminum windows, and related products for use in the new construction and repair and remodeling, of residential homes, and to an extent, non-residential buildings.
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