Quantbot Technologies LP Sells 16,736 Shares of JELD-WEN Holding, Inc. (NYSE:JELD)

Quantbot Technologies LP reduced its stake in shares of JELD-WEN Holding, Inc. (NYSE:JELDFree Report) by 56.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,024 shares of the company’s stock after selling 16,736 shares during the quarter. Quantbot Technologies LP’s holdings in JELD-WEN were worth $174,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of JELD. JPMorgan Chase & Co. increased its position in shares of JELD-WEN by 14.7% in the first quarter. JPMorgan Chase & Co. now owns 93,948 shares of the company’s stock valued at $1,905,000 after buying an additional 12,065 shares in the last quarter. Raymond James & Associates increased its position in shares of JELD-WEN by 19.5% in the first quarter. Raymond James & Associates now owns 43,286 shares of the company’s stock valued at $878,000 after buying an additional 7,059 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of JELD-WEN by 4.7% in the first quarter. Bank of New York Mellon Corp now owns 416,738 shares of the company’s stock valued at $8,451,000 after buying an additional 18,879 shares in the last quarter. American Century Companies Inc. increased its position in shares of JELD-WEN by 21.3% in the first quarter. American Century Companies Inc. now owns 21,499 shares of the company’s stock valued at $436,000 after buying an additional 3,778 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. purchased a new stake in shares of JELD-WEN in the first quarter valued at approximately $320,000. 92.28% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently commented on JELD shares. Oppenheimer started coverage on JELD-WEN in a research report on Friday, January 19th. They issued a “market perform” rating for the company. Truist Financial lifted their price target on JELD-WEN from $14.00 to $15.00 and gave the stock a “hold” rating in a research note on Wednesday, November 8th. JPMorgan Chase & Co. lifted their price target on JELD-WEN from $17.50 to $18.00 and gave the stock a “neutral” rating in a research note on Monday, November 13th. Barclays lifted their price target on JELD-WEN from $16.00 to $18.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 13th. Finally, The Goldman Sachs Group lifted their price target on JELD-WEN from $16.00 to $18.00 and gave the stock a “neutral” rating in a research note on Thursday, December 14th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the stock. According to MarketBeat, JELD-WEN currently has a consensus rating of “Hold” and an average price target of $17.00.

Check Out Our Latest Report on JELD-WEN

JELD-WEN Stock Performance

NYSE JELD opened at $19.57 on Monday. The stock’s fifty day moving average is $18.31 and its two-hundred day moving average is $15.73. The firm has a market capitalization of $1.67 billion, a P/E ratio of 12.71, a price-to-earnings-growth ratio of 1.71 and a beta of 2.37. The company has a debt-to-equity ratio of 1.43, a quick ratio of 1.37 and a current ratio of 2.08. JELD-WEN Holding, Inc. has a fifty-two week low of $10.96 and a fifty-two week high of $20.10.

JELD-WEN Profile

(Free Report)

JELD-WEN Holding, Inc designs, manufactures, and sells doors and windows primarily in North America, Europe, and Australasia. The company offers a line of residential interior and exterior door products, including patio doors, and folding or sliding wall systems; non-residential doors; and wood, vinyl, aluminum, and wood composite windows.

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Institutional Ownership by Quarter for JELD-WEN (NYSE:JELD)

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