JELD-WEN Holding, Inc. (NYSE:JELD) Stock Position Raised by State Board of Administration of Florida Retirement System

State Board of Administration of Florida Retirement System increased its stake in shares of JELD-WEN Holding, Inc. (NYSE:JELD – Get Rating) by 4.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 18,822 shares of the company’s stock after acquiring an additional 860 shares during the period. State Board of Administration of Florida Retirement System’s holdings in JELD-WEN were worth $182,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Quantbot Technologies LP increased its holdings in shares of JELD-WEN by 182.7% during 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. Ensign Peak Advisors Inc acquired a new position in shares of JELD-WEN during the 3rd quarter valued at about $29,000. Ronald Blue Trust Inc. increased its holdings in shares of JELD-WEN by 95.1% during the 4th quarter. Ronald Blue Trust Inc. now owns 3,672 shares of the company’s stock valued at $32,000 after acquiring an additional 1,790 shares during the last quarter. Great West Life Assurance Co. Can acquired a new position in shares of JELD-WEN during the 3rd quarter valued at about $38,000. Finally, US Bancorp DE increased its holdings in shares of JELD-WEN by 86.6% during the 3rd quarter. US Bancorp DE now owns 5,011 shares of the company’s stock valued at $44,000 after acquiring an additional 2,326 shares during the last quarter. Institutional investors and hedge funds own 94.97% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. The Goldman Sachs Group increased their price objective on JELD-WEN from $11.00 to $12.00 and gave the company a “neutral” rating in a report on Tuesday, February 21st. Truist Financial raised their target price on JELD-WEN from $12.00 to $15.00 in a report on Thursday, May 11th. Robert W. Baird raised their target price on JELD-WEN from $14.00 to $16.00 in a report on Wednesday, May 10th. Barclays raised their target price on JELD-WEN from $11.00 to $16.00 in a report on Wednesday, May 10th. Finally, StockNews.com raised JELD-WEN from a “hold” rating to a “buy” rating in a report on Saturday, May 13th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, JELD-WEN presently has a consensus rating of “Hold” and an average target price of $13.04.

Insider Buying and Selling at JELD-WEN

In other JELD-WEN news, EVP Timothy Craven sold 35,099 shares of JELD-WEN stock in a transaction on Friday, May 12th. The stock was sold at an average price of $14.05, for a total value of $493,140.95. Following the completion of the transaction, the executive vice president now owns 47,890 shares in the company, valued at approximately $672,854.50. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, major shareholder Turtle Creek Asset Management bought 20,000 shares of the stock in a transaction dated Tuesday, March 14th. The stock was bought at an average cost of $12.48 per share, with a total value of $249,600.00. Following the purchase, the insider now owns 233,600 shares of the company’s stock, valued at $2,915,328. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Timothy Craven sold 35,099 shares of JELD-WEN stock in a transaction on Friday, May 12th. The shares were sold at an average price of $14.05, for a total value of $493,140.95. Following the completion of the sale, the executive vice president now directly owns 47,890 shares of the company’s stock, valued at $672,854.50. The disclosure for this sale can be found here. In the last quarter, insiders sold 42,795 shares of company stock worth $603,465. 1.02% of the stock is currently owned by insiders.

JELD-WEN Price Performance

JELD-WEN stock opened at $14.69 on Tuesday. The company has a debt-to-equity ratio of 2.30, a current ratio of 2.16 and a quick ratio of 1.38. The company has a market capitalization of $1.25 billion, a PE ratio of 20.69 and a beta of 2.26. JELD-WEN Holding, Inc. has a one year low of $8.38 and a one year high of $19.51. The business has a 50 day simple moving average of $12.60 and a 200 day simple moving average of $11.74.

JELD-WEN (NYSE:JELD – Get Rating) last posted its earnings results on Monday, May 8th. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.08 by $0.27. JELD-WEN had a return on equity of 25.42% and a net margin of 1.18%. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter last year, the company earned $0.16 EPS. JELD-WEN’s revenue was up 4.4% on a year-over-year basis. On average, sell-side analysts forecast that JELD-WEN Holding, Inc. will post 1.43 EPS for the current fiscal year.

JELD-WEN Company Profile

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JELD-WEN Holding, Inc engages in the manufacture and sale of doors, windows, and related products. It designs, produces, and distributes interior and exterior doors, wood, vinyl, aluminum windows, and related products for construction, repair, and remodeling of residential homes and non-residential buildings.