DC Investments Management LLC Purchases 280,488 Shares of JELD-WEN Holding, Inc. (NYSE:JELD)

DC Investments Management LLC boosted its position in shares of JELD-WEN Holding, Inc. (NYSE:JELD - Free Report) by 108.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 539,434 shares of the company's stock after purchasing an additional 280,488 shares during the quarter. JELD-WEN comprises about 2.9% of DC Investments Management LLC's portfolio, making the stock its 9th biggest position. DC Investments Management LLC owned 0.64% of JELD-WEN worth $4,418,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of JELD. Bridgeway Capital Management LLC grew its holdings in JELD-WEN by 2.7% during the 4th quarter. Bridgeway Capital Management LLC now owns 810,632 shares of the company's stock worth $6,639,000 after acquiring an additional 20,945 shares in the last quarter. Brevan Howard Capital Management LP purchased a new stake in JELD-WEN during the fourth quarter worth $83,000. BNP Paribas Financial Markets lifted its holdings in JELD-WEN by 15.2% during the fourth quarter. BNP Paribas Financial Markets now owns 41,768 shares of the company's stock worth $342,000 after buying an additional 5,519 shares during the period. Ameriprise Financial Inc. lifted its holdings in JELD-WEN by 157.5% during the fourth quarter. Ameriprise Financial Inc. now owns 129,605 shares of the company's stock worth $1,061,000 after buying an additional 79,281 shares during the period. Finally, AYAL Capital Advisors Ltd purchased a new stake in JELD-WEN during the fourth quarter worth $5,055,000. 95.04% of the stock is currently owned by hedge funds and other institutional investors.

JELD-WEN Stock Performance

JELD-WEN stock traded up $0.12 during midday trading on Monday, hitting $4.35. 2,143,321 shares of the company were exchanged, compared to its average volume of 1,015,581. The business has a fifty day simple moving average of $5.55 and a two-hundred day simple moving average of $8.06. JELD-WEN Holding, Inc. has a fifty-two week low of $3.95 and a fifty-two week high of $17.70. The firm has a market capitalization of $371.26 million, a PE ratio of -1.95 and a beta of 1.86. 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 (NYSE:JELD - Get Free Report) last announced its quarterly earnings results on Monday, May 5th. The company reported ($0.17) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.19) by $0.02. The firm had revenue of $776.00 million for the quarter, compared to the consensus estimate of $769.25 million. JELD-WEN had a negative net margin of 5.01% and a positive return on equity of 7.14%. The firm's quarterly revenue was down 19.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.21 earnings per share. On average, sell-side analysts forecast that JELD-WEN Holding, Inc. will post 0.88 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Steven E. Wynne purchased 10,000 shares of the business's stock in a transaction that occurred on Thursday, February 27th. The stock was bought at an average price of $6.01 per share, with a total value of $60,100.00. Following the acquisition, the director now owns 28,000 shares in the company, valued at $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 Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Turtle Creek Asset Management purchased 150,000 shares of the business's stock in a transaction that occurred on Tuesday, May 6th. The stock was bought at an average cost of $4.26 per share, with a total value of $639,000.00. Following the acquisition, the insider now owns 13,250,853 shares in the company, valued at $56,448,633.78. This represents a 1.14% increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 864,404 shares of company stock valued at $4,662,392. 1.24% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have commented on JELD shares. Royal Bank of Canada reduced their target price on shares of JELD-WEN from $5.00 to $2.00 and set an "underperform" rating for the company in a report on Wednesday, May 7th. The Goldman Sachs Group cut their price target on shares of JELD-WEN from $6.00 to $5.25 and set a "neutral" rating on the stock in a report on Wednesday, May 7th. Barclays dropped their price target on JELD-WEN from $5.00 to $4.50 and set an "equal weight" rating on the stock in a research note on Thursday. StockNews.com upgraded shares of JELD-WEN from a "sell" rating to a "hold" rating in a report on Tuesday, May 6th. Finally, Loop Capital cut their price objective on shares of JELD-WEN from $8.00 to $4.00 and set a "hold" rating on the stock in a report on Thursday. One investment 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 has a consensus rating of "Hold" and an average price target of $7.34.

About JELD-WEN

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.