Edgestream Partners L.P. bought a new position in JELD-WEN Holding, Inc. (NYSE:JELD – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 60,624 shares of the company’s stock, valued at approximately $817,000. Edgestream Partners L.P. owned about 0.07% of JELD-WEN as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds also recently made changes to their positions in JELD. Dimensional Fund Advisors LP grew its holdings in JELD-WEN by 6.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,226,666 shares of the company’s stock worth $43,461,000 after acquiring an additional 191,657 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of JELD-WEN by 10.8% in the second quarter. Massachusetts Financial Services Co. MA now owns 149,434 shares of the company’s stock worth $2,013,000 after purchasing an additional 14,574 shares during the last quarter. Victory Capital Management Inc. increased its holdings in JELD-WEN by 64.7% during the 2nd quarter. Victory Capital Management Inc. now owns 172,126 shares of the company’s stock valued at $2,319,000 after purchasing an additional 67,604 shares during the period. Pzena Investment Management LLC raised its position in JELD-WEN by 26.3% during the 2nd quarter. Pzena Investment Management LLC now owns 9,320,851 shares of the company’s stock valued at $125,552,000 after purchasing an additional 1,939,052 shares during the last quarter. Finally, Natixis Advisors LLC raised its position in JELD-WEN by 252.4% during the 2nd quarter. Natixis Advisors LLC now owns 231,149 shares of the company’s stock valued at $3,114,000 after purchasing an additional 165,552 shares during the last quarter. 95.04% of the stock is owned by hedge funds and other institutional investors.
JELD-WEN Trading Down 0.6 %
NYSE:JELD opened at $15.86 on Friday. JELD-WEN Holding, Inc. has a one year low of $11.02 and a one year high of $21.75. The company’s 50-day simple moving average is $14.79 and its 200 day simple moving average is $16.10. The firm has a market capitalization of $1.36 billion, a P/E ratio of 68.96 and a beta of 2.24. The company has a debt-to-equity ratio of 1.53, a current ratio of 2.03 and a quick ratio of 1.33.
Analyst Ratings Changes
Several research firms have recently issued reports on JELD. Loop Capital reduced their target price on JELD-WEN from $17.00 to $16.00 and set a “hold” rating on the stock in a research note on Friday, July 19th. The Goldman Sachs Group reduced their price objective on shares of JELD-WEN from $19.00 to $14.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 10th. Barclays dropped their target price on shares of JELD-WEN from $15.00 to $13.00 and set an “equal weight” rating for the company in a research report on Friday, July 12th. Finally, Royal Bank of Canada reiterated an “underperform” rating and set a $13.00 price target on shares of JELD-WEN in a research report on Wednesday, August 7th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $16.80.
View Our Latest Stock Analysis on JELD-WEN
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.
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