JELD-WEN Holding, Inc. (NYSE:JELD) Director Steven E. Wynne Buys 10,000 Shares

JELD-WEN Holding, Inc. (NYSE:JELD) Director Steven E. Wynne acquired 10,000 shares of the firm’s stock in a transaction on Thursday, February 27th. The stock was bought at an average price of $6.01 per share, for a total transaction of $60,100.00. Following the completion of the acquisition, the director now owns 28,000 shares of the company’s stock, valued at approximately $168,280. The trade was a 55.56 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.

JELD-WEN Stock Performance

Shares of JELD stock traded down $0.37 on Friday, hitting $5.49. The company’s stock had a trading volume of 1,822,664 shares, compared to its average volume of 1,011,619. JELD-WEN Holding, Inc. has a fifty-two week low of $5.49 and a fifty-two week high of $21.75. The stock’s 50 day moving average is $8.28 and its 200-day moving average is $11.52. 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 capitalization of $465.83 million, a PE ratio of -2.46 and a beta of 2.17.

JELD-WEN (NYSE:JELD) last posted its quarterly earnings data 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). JELD-WEN had a positive return on equity of 7.14% and a negative net margin of 5.01%. The firm had revenue of $895.70 million for the quarter, compared to the consensus estimate of $860.82 million. Equities research analysts expect that JELD-WEN Holding, Inc. will post 0.88 earnings per share for the current fiscal year.

Institutional Investors Weigh In On JELD-WEN

Several institutional investors and hedge funds have recently bought and sold shares of JELD. Blue Trust Inc. lifted its position in JELD-WEN by 79.8% during the third quarter. Blue Trust Inc. now owns 2,893 shares of the company’s stock worth $46,000 after purchasing an additional 1,284 shares during the period. Victory Capital Management Inc. boosted its stake in shares of JELD-WEN by 1,167.9% in the 3rd quarter. Victory Capital Management Inc. now owns 2,182,401 shares of the company’s stock valued at $34,504,000 after purchasing an additional 2,010,275 shares in the last quarter. MQS Management LLC acquired a new stake in shares of JELD-WEN in the 3rd quarter valued at approximately $160,000. Empowered Funds LLC boosted its stake in shares of JELD-WEN by 5.4% in the 3rd quarter. Empowered Funds LLC now owns 408,487 shares of the company’s stock valued at $6,458,000 after purchasing an additional 20,770 shares in the last quarter. Finally, Natixis Advisors LLC boosted its stake in shares of JELD-WEN by 78.1% in the 3rd quarter. Natixis Advisors LLC now owns 411,660 shares of the company’s stock valued at $6,508,000 after purchasing an additional 180,511 shares in the last quarter. Institutional investors own 95.04% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. StockNews.com upgraded shares of JELD-WEN from a “sell” rating to a “hold” rating in a report on Thursday. The Goldman Sachs Group decreased their price objective on shares of JELD-WEN from $9.00 to $8.00 and set a “neutral” rating on the stock in a report on Wednesday, February 19th. Loop Capital decreased their price objective on shares of JELD-WEN from $10.00 to $8.00 and set a “hold” rating on the stock in a report on Wednesday, February 19th. Barclays decreased their price target on shares of JELD-WEN from $9.00 to $6.00 and set an “equal weight” rating on the stock in a research note on Monday. Finally, UBS Group decreased their price target on shares of JELD-WEN from $9.00 to $7.50 and set a “neutral” rating on the stock in a research note on Wednesday, February 19th. One analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. According to data from MarketBeat, JELD-WEN has an average rating of “Hold” and a consensus target price of $9.06.

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.