JELD-WEN Holding, Inc. (NYSE:JELD) Shares Purchased by American Century Companies Inc.

American Century Companies Inc. raised its stake in shares of JELD-WEN Holding, Inc. (NYSE:JELD) by 12.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 5,775,940 shares of the company’s stock after buying an additional 634,101 shares during the period. American Century Companies Inc. owned 0.07% of JELD-WEN worth $47,305,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Performa Ltd US LLC lifted its stake in shares of JELD-WEN by 1,580.0% during the fourth quarter. Performa Ltd US LLC now owns 4,200 shares of the company’s stock valued at $34,000 after buying an additional 3,950 shares during the period. US Bancorp DE grew its position in shares of JELD-WEN by 257.6% in the fourth quarter. US Bancorp DE now owns 9,752 shares of the company’s stock valued at $80,000 after purchasing an additional 7,025 shares during the period. Royce & Associates LP acquired a new position in JELD-WEN in the fourth quarter valued at $118,000. Leavell Investment Management Inc. acquired a new stake in JELD-WEN in the 4th quarter worth about $123,000. Finally, Vestcor Inc purchased a new stake in JELD-WEN in the 4th quarter valued at about $134,000. Hedge funds and other institutional investors own 95.04% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on JELD shares. Loop Capital lowered their target price on shares of JELD-WEN from $10.00 to $8.00 and set a “hold” rating for the company in a report on Wednesday, February 19th. Royal Bank of Canada reduced their target price on JELD-WEN from $7.00 to $5.00 and set an “underperform” rating on the stock in a report on Wednesday, February 19th. StockNews.com downgraded JELD-WEN from a “hold” rating to a “sell” rating in a report on Friday, March 7th. Truist Financial dropped their target price on shares of JELD-WEN from $11.00 to $7.00 and set a “hold” rating for the company in a research report on Wednesday, February 19th. Finally, Barclays decreased their price objective on shares of JELD-WEN from $9.00 to $6.00 and set an “equal weight” rating for the company in a research note on Monday, February 24th. Two research analysts have rated the stock with a sell rating and seven have given a hold rating to the stock. Based on data from MarketBeat.com, JELD-WEN presently has a consensus rating of “Hold” and a consensus price target of $9.06.

JELD-WEN Stock Up 2.5 %

Shares of NYSE JELD opened at $6.27 on Friday. 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 Holding, Inc. has a 1 year low of $5.44 and a 1 year high of $21.75. The stock’s 50-day simple moving average is $7.36 and its 200-day simple moving average is $10.40. The firm has a market cap of $534.82 million, a price-to-earnings ratio of -2.81 and a beta of 2.22.

JELD-WEN (NYSE:JELD) last released its earnings results on Monday, February 17th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.20). JELD-WEN had a negative net margin of 5.01% and a positive return on equity of 7.14%. The business had revenue of $895.70 million for the quarter, compared to analysts’ expectations of $860.82 million. As a group, equities analysts anticipate that JELD-WEN Holding, Inc. will post 0.88 earnings per share for the current fiscal year.

Insider Buying and Selling

In other JELD-WEN news, major shareholder Turtle Creek Asset Management acquired 70,000 shares of the firm’s stock in a transaction on Friday, March 21st. The stock was purchased at an average price of $5.97 per share, with a total value of $417,900.00. Following the completion of the acquisition, the insider now directly owns 12,485,051 shares in the company, valued at $74,535,754.47. This trade represents a 0.56 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Steven E. Wynne purchased 10,000 shares of JELD-WEN stock in a transaction dated Thursday, February 27th. The stock was acquired at an average price of $6.01 per share, for a total transaction of $60,100.00. Following the completion of the transaction, the director now owns 28,000 shares in the company, valued at approximately $168,280. The trade was a 55.56 % increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders bought 595,137 shares of company stock worth $4,137,187. Corporate insiders own 1.03% of the company’s stock.

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.