Diversified Trust Co Buys 981 Shares of JELD-WEN Holding, Inc. (NYSE:JELD)

Diversified Trust Co grew its holdings in JELD-WEN Holding, Inc. (NYSE:JELD) by 4.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 24,301 shares of the company’s stock after buying an additional 981 shares during the quarter. Diversified Trust Co’s holdings in JELD-WEN were worth $516,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in JELD. Rhumbline Advisers increased its position in JELD-WEN by 2.6% in the 3rd quarter. Rhumbline Advisers now owns 138,065 shares of the company’s stock valued at $1,845,000 after acquiring an additional 3,471 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of JELD-WEN by 4.1% during the third quarter. Vanguard Group Inc. now owns 8,790,549 shares of the company’s stock valued at $117,442,000 after purchasing an additional 344,435 shares during the last quarter. Ziegler Capital Management LLC increased its holdings in shares of JELD-WEN by 5.8% in the fourth quarter. Ziegler Capital Management LLC now owns 43,930 shares of the company’s stock valued at $829,000 after purchasing an additional 2,392 shares in the last quarter. Raymond James & Associates raised its position in JELD-WEN by 6.8% in the 4th quarter. Raymond James & Associates now owns 128,103 shares of the company’s stock worth $2,419,000 after purchasing an additional 8,204 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in JELD-WEN by 22.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 314,880 shares of the company’s stock worth $5,945,000 after buying an additional 56,807 shares in the last quarter. 95.04% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. UBS Group dropped their target price on JELD-WEN from $22.00 to $19.00 and set a “buy” rating for the company in a research report on Wednesday, May 8th. StockNews.com cut JELD-WEN from a “buy” rating to a “hold” rating in a report on Wednesday, May 8th. Royal Bank of Canada reduced their target price on shares of JELD-WEN from $16.00 to $13.00 and set an “underperform” rating on the stock in a research note on Wednesday, May 8th. Finally, Barclays dropped their price target on shares of JELD-WEN from $18.00 to $15.00 and set an “equal weight” rating for the company in a research note on Monday, May 13th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $18.00.

JELD-WEN Stock Up 1.8 %

JELD-WEN stock opened at $13.14 on Thursday. The firm has a market capitalization of $1.13 billion, a price-to-earnings ratio of 57.13 and a beta of 2.28. The company’s 50 day simple moving average is $15.32 and its 200 day simple moving average is $17.67. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.08 and a quick ratio of 1.39. JELD-WEN Holding, Inc. has a fifty-two week low of $11.02 and a fifty-two week high of $21.75.

JELD-WEN (NYSE:JELD) last announced its quarterly earnings results on Monday, May 6th. The company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.01. JELD-WEN had a net margin of 0.47% and a return on equity of 15.78%. The company had revenue of $959.10 million for the quarter, compared to analysts’ expectations of $972.62 million. As a group, sell-side analysts anticipate that JELD-WEN Holding, Inc. will post 1.19 EPS for the current year.

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.