Leavell Investment Management Inc. Acquires New Shares in JELD-WEN Holding, Inc. (NYSE:JELD)

Leavell Investment Management Inc. acquired a new stake in JELD-WEN Holding, Inc. (NYSE:JELD) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 15,000 shares of the company’s stock, valued at approximately $123,000.

Other large investors have also bought and sold shares of the company. Blue Trust Inc. boosted its stake in JELD-WEN by 79.8% in the third quarter. Blue Trust Inc. now owns 2,893 shares of the company’s stock valued at $46,000 after buying an additional 1,284 shares in the last quarter. MQS Management LLC acquired a new stake in shares of JELD-WEN during the third quarter valued at about $160,000. Diversified Trust Co boosted its stake in shares of JELD-WEN by 8.8% during the fourth 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 in the last quarter. SG Americas Securities LLC boosted its stake in shares of JELD-WEN by 57.1% during the fourth quarter. SG Americas Securities LLC now owns 32,884 shares of the company’s stock valued at $269,000 after purchasing an additional 11,946 shares in the last quarter. Finally, K2 Principal Fund L.P. acquired a new stake in shares of JELD-WEN during the third quarter valued at about $278,000. 95.04% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently commented on JELD shares. The Goldman Sachs Group cut their price target on JELD-WEN from $10.00 to $9.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 14th. B. Riley cut their price target on JELD-WEN from $17.00 to $14.00 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. Royal Bank of Canada cut their price objective on JELD-WEN from $9.00 to $8.00 and set an “underperform” rating on the stock in a research note on Wednesday, December 18th. UBS Group reaffirmed a “neutral” rating and issued a $9.00 price objective (down from $15.00) on shares of JELD-WEN in a research note on Wednesday, January 8th. Finally, Barclays cut their price objective on JELD-WEN from $13.00 to $10.00 and set an “equal weight” rating on the stock in a research note on Wednesday, November 6th. One analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $12.75.

Insiders Place Their Bets

In other news, major shareholder Turtle Creek Asset Management acquired 125,000 shares of the firm’s stock in a transaction dated Tuesday, January 7th. The stock was purchased 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 $95,133,301. The trade was a 1.05 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Over the last three months, insiders acquired 310,000 shares of company stock worth $2,463,500. 1.03% of the stock is owned by corporate insiders.

JELD-WEN Trading Up 1.8 %

Shares of JELD stock opened at $8.81 on Friday. The company has a market cap of $745.08 million, a P/E ratio of -4.81 and a beta of 2.17. The stock has a 50 day simple moving average of $8.95 and a two-hundred day simple moving average of $12.07. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.33 and a current ratio of 2.03. JELD-WEN Holding, Inc. has a fifty-two week low of $7.43 and a fifty-two week high of $21.75.

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.