AYAL Capital Advisors Ltd Buys Shares of 617,180 JELD-WEN Holding, Inc. (NYSE:JELD)

AYAL Capital Advisors Ltd acquired a new position in JELD-WEN Holding, Inc. (NYSE:JELD - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 617,180 shares of the company's stock, valued at approximately $5,055,000. JELD-WEN accounts for approximately 1.3% of AYAL Capital Advisors Ltd's investment portfolio, making the stock its 23rd biggest position. AYAL Capital Advisors Ltd owned approximately 0.73% of JELD-WEN at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in shares of JELD-WEN by 8.5% during the third quarter. JPMorgan Chase & Co. now owns 130,078 shares of the company's stock valued at $2,057,000 after buying an additional 10,154 shares during the last quarter. Diversified Trust Co raised its stake in JELD-WEN by 8.8% during the 4th quarter. Diversified Trust Co now owns 27,614 shares of the company's stock valued at $226,000 after acquiring an additional 2,242 shares in the last quarter. First Hawaiian Bank boosted its position in JELD-WEN by 26.7% during the 4th quarter. First Hawaiian Bank now owns 70,893 shares of the company's stock worth $581,000 after acquiring an additional 14,939 shares during the period. Hennessy Advisors Inc. grew its stake in shares of JELD-WEN by 6.8% in the fourth quarter. Hennessy Advisors Inc. now owns 477,200 shares of the company's stock worth $3,908,000 after purchasing an additional 30,400 shares in the last quarter. Finally, SG Americas Securities LLC increased its holdings 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 during the period. Institutional investors own 95.04% of the company's stock.

Insider Buying and Selling at JELD-WEN

In other news, major shareholder Turtle Creek Asset Management bought 100,000 shares of the business's stock in a transaction dated Thursday, April 3rd. The stock was bought at an average price of $5.86 per share, for a total transaction of $586,000.00. Following the completion of the purchase, the insider now owns 12,664,379 shares of the company's stock, valued at approximately $74,213,260.94. The trade was a 0.80 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Steven E. Wynne acquired 10,000 shares of the business's stock in a transaction on Thursday, February 27th. The stock was acquired at an average price of $6.01 per share, with a total value of $60,100.00. Following the transaction, the director now owns 28,000 shares in the company, valued at approximately $168,280. The trade was a 55.56 % increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 714,404 shares of company stock valued at $4,023,392. 1.24% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have commented on JELD. UBS Group dropped 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 report on Wednesday, February 19th. Royal Bank of Canada cut their target price on JELD-WEN from $7.00 to $5.00 and set an "underperform" rating for the company in a research report on Wednesday, February 19th. Truist Financial decreased their price target on JELD-WEN from $11.00 to $7.00 and set a "hold" rating for the company in a research note on Wednesday, February 19th. The Goldman Sachs Group dropped their price objective on JELD-WEN from $9.00 to $8.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 19th. Finally, StockNews.com cut JELD-WEN from a "hold" rating to a "sell" rating in a research note on Friday, March 7th. Two research analysts have rated the stock with a sell rating and seven have given a hold rating to the company. According to MarketBeat, JELD-WEN has an average rating of "Hold" and an average target price of $8.94.

JELD-WEN Stock Performance

JELD-WEN stock traded down $0.19 during trading hours on Monday, hitting $5.59. The stock had a trading volume of 2,693,129 shares, compared to its average volume of 978,336. JELD-WEN Holding, Inc. has a fifty-two week low of $4.65 and a fifty-two week high of $20.20. The company has a market cap of $476.77 million, a PE ratio of -2.50 and a beta of 1.86. The company has a 50-day moving average of $5.67 and a two-hundred day moving average of $8.36. The company has a quick ratio of 1.33, a current ratio of 2.03 and a debt-to-equity ratio of 1.64.

JELD-WEN (NYSE:JELD - Get Free Report) last announced its quarterly earnings data on Monday, February 17th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by ($0.20). The business had revenue of $895.70 million during the quarter, compared to analyst estimates of $860.82 million. JELD-WEN had a negative net margin of 5.01% and a positive return on equity of 7.14%. On average, equities research analysts anticipate that JELD-WEN Holding, Inc. will post 0.88 EPS for the current fiscal year.

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.