JELD-WEN Holding, Inc. (NYSE:JELD) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its stake in JELD-WEN Holding, Inc. (NYSE:JELD) by 11.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,225,439 shares of the company’s stock after purchasing an additional 220,815 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in JELD-WEN were worth $18,226,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. US Bancorp DE grew its stake in JELD-WEN by 257.6% during the 4th quarter. US Bancorp DE now owns 9,752 shares of the company’s stock valued at $80,000 after purchasing an additional 7,025 shares in the last quarter. Versor Investments LP bought a new position in JELD-WEN during the 4th quarter worth approximately $142,000. Wolverine Asset Management LLC bought a new position in JELD-WEN during the 4th quarter worth approximately $826,000. Alberta Investment Management Corp bought a new position in JELD-WEN during the 4th quarter worth approximately $9,492,000. Finally, Rhumbline Advisers lifted its holdings in JELD-WEN by 3.5% during the 4th quarter. Rhumbline Advisers now owns 148,461 shares of the company’s stock worth $1,216,000 after buying an additional 4,962 shares during the last quarter. Institutional investors and hedge funds own 95.04% of the company’s stock.

JELD-WEN Stock Down 0.1 %

Shares of JELD-WEN stock opened at $6.21 on Thursday. The business’s fifty day moving average price is $7.69 and its two-hundred day moving average price is $10.72. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.03 and a quick ratio of 1.33. The company has a market capitalization of $530.21 million, a P/E ratio of -2.79 and a beta of 2.23. JELD-WEN Holding, Inc. has a 1-year low of $5.44 and a 1-year high of $21.75.

JELD-WEN (NYSE:JELD) last announced its earnings results on Monday, February 17th. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.20). The business had revenue of $895.70 million for 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%. As a group, research analysts forecast that JELD-WEN Holding, Inc. will post 0.88 EPS for the current year.

Analysts Set New Price Targets

JELD has been the topic of a number of research analyst reports. UBS Group reduced their target price on JELD-WEN from $9.00 to $7.50 and set a “neutral” rating on the stock in a report on Wednesday, February 19th. Barclays cut their price target on JELD-WEN from $9.00 to $6.00 and set an “equal weight” rating on the stock in a report on Monday, February 24th. Truist Financial cut their price target on JELD-WEN from $11.00 to $7.00 and set a “hold” rating on the stock in a report on Wednesday, February 19th. StockNews.com downgraded JELD-WEN from a “hold” rating to a “sell” rating in a report on Friday, March 7th. Finally, Loop Capital cut their price target on JELD-WEN from $10.00 to $8.00 and set a “hold” rating on the stock in a report on Wednesday, February 19th. Two research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company. According to data from MarketBeat, JELD-WEN has an average rating of “Hold” and an average target price of $9.06.

Insider Buying and Selling at JELD-WEN

In other news, Director Steven E. Wynne purchased 10,000 shares of the stock in a transaction dated Thursday, February 27th. The shares were bought at an average cost of $6.01 per share, for a total transaction of $60,100.00. Following the transaction, the director now owns 28,000 shares in the company, valued at $168,280. This trade represents a 55.56 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder Turtle Creek Asset Management bought 125,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 7th. The stock was bought at an average price of $7.90 per share, for a total transaction of $987,500.00. Following the completion of the acquisition, the insider now directly owns 12,042,190 shares in the company, valued at approximately $95,133,301. The trade was a 1.05 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired 525,137 shares of company stock valued at $3,719,287 in the last quarter. Corporate insiders own 1.03% of the company’s stock.

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.