JELD-WEN Holding, Inc. (NYSE:JELD - Get Free Report) major shareholder Turtle Creek Asset Management acquired 50,000 shares of JELD-WEN stock in a transaction dated Thursday, April 10th. The shares were bought at an average cost of $5.16 per share, for a total transaction of $258,000.00. Following the completion of the purchase, the insider now directly owns 12,828,937 shares of the company's stock, valued at approximately $66,197,314.92. The trade was a 0.39 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own 10% or more of a company's shares are required to disclose their sales and purchases with the SEC.
Turtle Creek Asset Management also recently made the following trade(s):
- On Monday, April 7th, Turtle Creek Asset Management bought 100,000 shares of JELD-WEN stock. The shares were bought at an average price of $5.46 per share, with a total value of $546,000.00.
- On Thursday, April 3rd, Turtle Creek Asset Management purchased 100,000 shares of JELD-WEN stock. The stock was bought at an average cost of $5.86 per share, for a total transaction of $586,000.00.
- On Monday, March 31st, Turtle Creek Asset Management acquired 50,000 shares of JELD-WEN stock. The shares were bought at an average cost of $5.97 per share, with a total value of $298,500.00.
- On Friday, March 21st, Turtle Creek Asset Management bought 70,000 shares of JELD-WEN stock. The stock was purchased at an average cost of $5.97 per share, for a total transaction of $417,900.00.
- On Wednesday, March 5th, Turtle Creek Asset Management purchased 86,801 shares of JELD-WEN stock. The shares were purchased at an average cost of $5.62 per share, with a total value of $487,821.62.
- On Monday, March 3rd, Turtle Creek Asset Management acquired 26,336 shares of JELD-WEN stock. The stock was purchased at an average price of $5.73 per share, for a total transaction of $150,905.28.
- On Thursday, February 27th, Turtle Creek Asset Management bought 72,000 shares of JELD-WEN stock. The shares were purchased at an average price of $6.08 per share, with a total value of $437,760.00.
- On Monday, January 13th, Turtle Creek Asset Management purchased 75,000 shares of JELD-WEN stock. The shares were acquired at an average price of $8.46 per share, for a total transaction of $634,500.00.
- On Friday, January 10th, Turtle Creek Asset Management acquired 110,000 shares of JELD-WEN stock. The shares were purchased at an average cost of $7.65 per share, for a total transaction of $841,500.00.
JELD-WEN Trading Down 3.4 %
Shares of NYSE JELD opened at $5.23 on Friday. The firm's 50 day moving average price is $6.45 and its 200-day moving average price is $9.63. JELD-WEN Holding, Inc. has a 52-week low of $4.91 and a 52-week high of $21.75. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.33 and a current ratio of 2.03. The company has a market cap of $446.04 million, a PE ratio of -2.34 and a beta of 1.93.
JELD-WEN (NYSE:JELD - Get Free Report) last released its quarterly earnings data on Monday, February 17th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.20). JELD-WEN had a negative net margin of 5.01% and a positive return on equity of 7.14%. The business had revenue of $895.70 million during the quarter, compared to the consensus estimate of $860.82 million. On average, equities research analysts expect that JELD-WEN Holding, Inc. will post 0.88 EPS for the current fiscal year.
Analyst Ratings Changes
Several equities research analysts recently weighed in on the company. UBS Group reduced their price target on JELD-WEN from $9.00 to $7.50 and set a "neutral" rating on the stock in a research note on Wednesday, February 19th. The Goldman Sachs Group reduced their target price on shares of JELD-WEN from $9.00 to $8.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 19th. Barclays lowered their price target on shares of JELD-WEN from $6.00 to $5.00 and set an "equal weight" rating for the company in a research report on Tuesday. Royal Bank of Canada cut their price objective on shares of JELD-WEN from $7.00 to $5.00 and set an "underperform" rating on the stock in a report on Wednesday, February 19th. Finally, Loop Capital lowered their target price on shares of JELD-WEN from $10.00 to $8.00 and set a "hold" rating for the company in a report on Wednesday, February 19th. Two equities research analysts have rated the stock with a sell rating and seven have issued a hold rating to the company's stock. According to data from MarketBeat.com, JELD-WEN presently has a consensus rating of "Hold" and an average price target of $8.94.
Get Our Latest Research Report on JELD
Institutional Trading of JELD-WEN
Large investors have recently modified their holdings of the company. Turtle Creek Asset Management Inc. increased its holdings in JELD-WEN by 7.2% during the fourth quarter. Turtle Creek Asset Management Inc. now owns 14,842,920 shares of the company's stock valued at $121,564,000 after buying an additional 1,000,000 shares during the last quarter. Pzena Investment Management LLC grew its position in shares of JELD-WEN by 16.5% during the 4th quarter. Pzena Investment Management LLC now owns 11,165,246 shares of the company's stock valued at $91,443,000 after acquiring an additional 1,583,238 shares during the period. Vanguard Group Inc. increased its stake in shares of JELD-WEN by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 8,545,071 shares of the company's stock worth $69,984,000 after purchasing an additional 101,944 shares in the last quarter. American Century Companies Inc. raised its holdings in JELD-WEN by 12.3% in the 4th quarter. American Century Companies Inc. now owns 5,775,940 shares of the company's stock worth $47,305,000 after purchasing an additional 634,101 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in JELD-WEN by 4.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,701,950 shares of the company's stock worth $30,319,000 after purchasing an additional 146,581 shares during the period. Institutional investors own 95.04% of the company's stock.
About JELD-WEN
(
Get Free Report)
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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