US Bancorp DE Has $80,000 Stock Holdings in JELD-WEN Holding, Inc. (NYSE:JELD)

US Bancorp DE increased its holdings in shares of JELD-WEN Holding, Inc. (NYSE:JELD) by 257.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 9,752 shares of the company’s stock after acquiring an additional 7,025 shares during the period. US Bancorp DE’s holdings in JELD-WEN were worth $80,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Leavell Investment Management Inc. bought a new stake in JELD-WEN in the fourth quarter valued at $123,000. Versor Investments LP bought a new stake in shares of JELD-WEN in the 4th quarter worth about $142,000. K2 Principal Fund L.P. acquired a new stake in shares of JELD-WEN during the 3rd quarter worth about $278,000. Intech Investment Management LLC acquired a new stake in shares of JELD-WEN during the 3rd quarter worth about $293,000. Finally, Diversified Trust Co lifted its holdings in JELD-WEN by 8.8% during the 4th quarter. Diversified Trust Co now owns 27,614 shares of the company’s stock valued at $226,000 after purchasing an additional 2,242 shares during the last quarter. Institutional investors own 95.04% of the company’s stock.

JELD-WEN Stock Up 1.1 %

Shares of NYSE JELD opened at $6.21 on Tuesday. JELD-WEN Holding, Inc. has a 1 year low of $5.44 and a 1 year high of $21.75. The firm’s 50-day moving average is $7.76 and its 200-day moving average is $10.84. The company has a current ratio of 2.03, a quick ratio of 1.33 and a debt-to-equity ratio of 1.64. The firm has a market capitalization of $526.49 million, a PE ratio of -2.78 and a beta of 2.22.

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

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Barclays dropped 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 report on Monday, February 24th. The Goldman Sachs Group cut their price target on JELD-WEN from $9.00 to $8.00 and set a “neutral” rating for the company in a report on Wednesday, February 19th. StockNews.com lowered shares of JELD-WEN from a “hold” rating to a “sell” rating in a report on Friday, March 7th. Truist Financial lowered their price objective 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, Loop Capital decreased their price target on shares of JELD-WEN from $10.00 to $8.00 and set a “hold” rating on the stock in a research note on Wednesday, February 19th. Two investment analysts have rated the stock with a sell rating and seven have issued a hold rating to the company. Based on data from MarketBeat.com, JELD-WEN presently has a consensus rating of “Hold” and a consensus target price of $9.06.

Insider Transactions at JELD-WEN

In other news, Director David G. Nord bought 20,000 shares of the business’s stock in a transaction on Monday, February 24th. The shares were bought at an average cost of $5.96 per share, for a total transaction of $119,200.00. Following the completion of the acquisition, the director now owns 40,000 shares in the company, valued at approximately $238,400. This trade represents a 100.00 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Turtle Creek Asset Management purchased 86,801 shares of the firm’s stock in a transaction dated Wednesday, March 5th. The stock was purchased at an average cost of $5.62 per share, with a total value of $487,821.62. Following the acquisition, the insider now directly owns 12,389,409 shares in the company, valued at $69,628,478.58. This trade represents a 0.71 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased 525,137 shares of company stock worth $3,719,287 in the last three months. Insiders own 1.03% of the company’s stock.

JELD-WEN 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.