Knights of Columbus Asset Advisors LLC Increases Stake in JELD-WEN Holding, Inc. (NYSE:JELD)

Knights of Columbus Asset Advisors LLC increased its stake in JELD-WEN Holding, Inc. (NYSE:JELD) by 146.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 302,860 shares of the company’s stock after purchasing an additional 179,998 shares during the period. Knights of Columbus Asset Advisors LLC owned 0.36% of JELD-WEN worth $5,718,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. Nomura Asset Management Co. Ltd. raised its stake in shares of JELD-WEN by 100.0% in the first quarter. Nomura Asset Management Co. Ltd. now owns 2,200 shares of the company’s stock worth $28,000 after purchasing an additional 1,100 shares during the last quarter. Ensign Peak Advisors Inc purchased a new position in JELD-WEN during the 3rd quarter worth approximately $29,000. Quantbot Technologies LP boosted its holdings in shares of JELD-WEN by 182.7% in the 1st quarter. Quantbot Technologies LP now owns 2,951 shares of the company’s stock valued at $59,000 after acquiring an additional 1,907 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in shares of JELD-WEN by 22.1% in the 2nd quarter. Osaic Holdings Inc. now owns 3,635 shares of the company’s stock valued at $64,000 after acquiring an additional 659 shares during the last quarter. Finally, State of Wyoming acquired a new stake in shares of JELD-WEN in the fourth quarter worth $84,000. Hedge funds and other institutional investors own 95.04% of the company’s stock.

Analyst Upgrades and Downgrades

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

JELD-WEN Trading Down 0.2 %

JELD stock opened at $18.29 on Friday. JELD-WEN Holding, Inc. has a 12-month low of $11.02 and a 12-month high of $21.67. The business’s 50-day moving average is $19.25 and its 200 day moving average is $17.17. 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 stock has a market cap of $1.57 billion, a price-to-earnings ratio of 25.06 and a beta of 2.35.

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

Insider Transactions at JELD-WEN

In related news, Director Roderick Wendt sold 10,000 shares of the business’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $30.76, for a total transaction of $307,600.00. Following the transaction, the director now directly owns 294,558 shares in the company, valued at $9,060,604.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, major shareholder Turtle Creek Asset Management sold 54,000 shares of JELD-WEN stock in a transaction 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Roderick Wendt sold 10,000 shares of the firm’s stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $30.76, for a total transaction of $307,600.00. Following the sale, the director now owns 294,558 shares of the company’s stock, valued at $9,060,604.08. The disclosure for this sale can be found here. Insiders sold 127,000 shares of company stock valued at $2,698,610 over the last 90 days. 1.03% of the stock is currently owned by corporate insiders.

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.