Inspire Investing LLC Buys 42,540 Shares of JELD-WEN Holding, Inc. $JELD

Inspire Investing LLC increased its holdings in JELD-WEN Holding, Inc. (NYSE:JELD) by 73.6% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 100,302 shares of the company’s stock after purchasing an additional 42,540 shares during the period. Inspire Investing LLC owned approximately 0.12% of JELD-WEN worth $393,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in JELD. GAMMA Investing LLC boosted its stake in shares of JELD-WEN by 1,054.6% in the 1st quarter. GAMMA Investing LLC now owns 14,710 shares of the company’s stock valued at $88,000 after purchasing an additional 13,436 shares in the last quarter. Exchange Traded Concepts LLC boosted its stake in shares of JELD-WEN by 26,142.2% in the 1st quarter. Exchange Traded Concepts LLC now owns 169,000 shares of the company’s stock valued at $1,009,000 after purchasing an additional 168,356 shares in the last quarter. Teacher Retirement System of Texas purchased a new stake in shares of JELD-WEN in the 1st quarter valued at $74,000. Mutual Advisors LLC boosted its stake in shares of JELD-WEN by 231.7% in the 1st quarter. Mutual Advisors LLC now owns 132,673 shares of the company’s stock valued at $792,000 after purchasing an additional 92,671 shares in the last quarter. Finally, Leavell Investment Management Inc. boosted its stake in shares of JELD-WEN by 14.0% in the 1st quarter. Leavell Investment Management Inc. now owns 17,107 shares of the company’s stock valued at $102,000 after purchasing an additional 2,107 shares in the last quarter. Hedge funds and other institutional investors own 95.04% of the company’s stock.

JELD-WEN Trading Up 3.4%

NYSE:JELD opened at $4.37 on Tuesday. The company has a 50-day moving average price of $5.62 and a 200-day moving average price of $4.89. JELD-WEN Holding, Inc. has a 12 month low of $3.27 and a 12 month high of $16.03. The company has a current ratio of 1.77, a quick ratio of 1.04 and a debt-to-equity ratio of 2.42. The stock has a market cap of $372.77 million, a price-to-earnings ratio of -1.08 and a beta of 1.70.

Analyst Ratings Changes

JELD has been the subject of a number of research reports. Jefferies Financial Group upped their price objective on shares of JELD-WEN from $3.75 to $5.25 and gave the company a “hold” rating in a research note on Wednesday, August 20th. Wall Street Zen raised shares of JELD-WEN from a “strong sell” rating to a “hold” rating in a research report on Saturday, August 9th. Barclays increased their price target on shares of JELD-WEN from $4.50 to $5.00 and gave the company an “equal weight” rating in a research report on Thursday, August 7th. UBS Group increased their price target on shares of JELD-WEN from $5.00 to $5.75 and gave the company a “neutral” rating in a research report on Thursday, August 7th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of JELD-WEN in a research report on Saturday, September 27th. Seven equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $6.03.

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.