2,505 Shares in JELD-WEN Holding, Inc. (NYSE:JELD) Purchased by Harvest Fund Management Co. Ltd

Harvest Fund Management Co. Ltd acquired a new position in JELD-WEN Holding, Inc. (NYSE:JELD) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,505 shares of the company’s stock, valued at approximately $47,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in shares of JELD-WEN by 4.1% during the third quarter. Vanguard Group Inc. now owns 8,790,549 shares of the company’s stock valued at $117,442,000 after buying an additional 344,435 shares during the last quarter. Knights of Columbus Asset Advisors LLC lifted its position in shares of JELD-WEN by 146.5% during the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 302,860 shares of the company’s stock valued at $5,718,000 after buying an additional 179,998 shares during the last quarter. Panagora Asset Management Inc. lifted its position in shares of JELD-WEN by 103.4% during the third quarter. Panagora Asset Management Inc. now owns 318,026 shares of the company’s stock valued at $4,249,000 after buying an additional 161,693 shares during the last quarter. Massachusetts Financial Services Co. MA purchased a new stake in shares of JELD-WEN during the third quarter valued at about $2,003,000. Finally, First Eagle Investment Management LLC purchased a new stake in shares of JELD-WEN during the third quarter valued at about $1,683,000. 95.04% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at JELD-WEN

In other news, Director Roderick Wendt sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $28.35, for a total transaction of $283,500.00. Following the sale, the director now owns 304,558 shares of the company’s stock, valued at approximately $8,634,219.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, major shareholder Turtle Creek Asset Management sold 54,000 shares of the stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $19.84, for a total transaction of $1,071,360.00. Following the transaction, the insider now owns 760,463 shares in the company, valued at approximately $15,087,585.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Roderick Wendt sold 10,000 shares of the stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $28.35, for a total value of $283,500.00. Following the transaction, the director now owns 304,558 shares in the company, valued at approximately $8,634,219.30. The disclosure for this sale can be found here. Insiders have sold 127,000 shares of company stock valued at $2,698,610 in the last 90 days. 1.03% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have commented on JELD. B. Riley increased their price target on shares of JELD-WEN from $17.00 to $20.00 and gave the company a “neutral” rating in a research report on Wednesday, February 21st. Royal Bank of Canada increased their price objective on shares of JELD-WEN from $15.00 to $16.00 and gave the company an “underperform” rating in a research report on Wednesday, February 21st. Oppenheimer started coverage on shares of JELD-WEN in a research report on Friday, January 19th. They issued a “market perform” rating for the company. Loop Capital started coverage on shares of JELD-WEN in a research report on Thursday, February 15th. They issued a “hold” rating and a $22.00 price objective for the company. Finally, Truist Financial increased their price objective on shares of JELD-WEN from $15.00 to $19.00 and gave the company a “hold” rating in a research report on Wednesday, February 21st. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $18.30.

JELD-WEN Price Performance

Shares of NYSE:JELD opened at $21.41 on Friday. JELD-WEN Holding, Inc. has a twelve month low of $11.02 and a twelve month high of $21.75. The company’s 50 day moving average is $19.24 and its 200 day moving average is $17.35. The company has a current ratio of 2.20, a quick ratio of 1.49 and a debt-to-equity ratio of 1.40. The company has a market cap of $1.84 billion, a PE ratio of 29.33 and a beta of 2.35.

JELD-WEN (NYSE:JELD) last issued its quarterly earnings data on Monday, February 19th. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.12. The business had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.03 billion. JELD-WEN had a net margin of 1.40% and a return on equity of 17.99%. During the same quarter last year, the company earned $0.47 EPS. On average, sell-side analysts forecast that JELD-WEN Holding, Inc. will post 1.6 EPS for the current year.

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.