Allianz Asset Management GmbH Purchases 174,108 Shares of JELD-WEN Holding, Inc. $JELD

Allianz Asset Management GmbH grew its position in JELD-WEN Holding, Inc. (NYSE:JELD - Free Report) by 90.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 367,264 shares of the company's stock after acquiring an additional 174,108 shares during the quarter. Allianz Asset Management GmbH owned 0.43% of JELD-WEN worth $1,440,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. CWM LLC increased its stake in JELD-WEN by 2,140.2% in the 1st quarter. CWM LLC now owns 6,407 shares of the company's stock worth $38,000 after acquiring an additional 6,121 shares during the last quarter. Performa Ltd US LLC boosted its holdings in shares of JELD-WEN by 119.0% in the 1st quarter. Performa Ltd US LLC now owns 9,200 shares of the company's stock worth $55,000 after purchasing an additional 5,000 shares during the period. AlphaQuest LLC boosted its holdings in shares of JELD-WEN by 294.7% in the 1st quarter. AlphaQuest LLC now owns 11,169 shares of the company's stock worth $67,000 after purchasing an additional 8,339 shares during the period. Teacher Retirement System of Texas purchased a new position in shares of JELD-WEN in the 1st quarter worth approximately $74,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in shares of JELD-WEN in the 2nd quarter worth approximately $52,000. Institutional investors own 95.04% of the company's stock.

JELD-WEN Price Performance

Shares of JELD stock opened at $4.86 on Friday. JELD-WEN Holding, Inc. has a twelve month low of $3.27 and a twelve month high of $14.75. The stock has a market capitalization of $414.62 million, a price-to-earnings ratio of -1.20 and a beta of 1.70. The stock has a fifty day simple moving average of $5.48 and a two-hundred day simple moving average of $4.84. The company has a current ratio of 1.77, a quick ratio of 1.04 and a debt-to-equity ratio of 2.42.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Jefferies Financial Group lifted their target price on JELD-WEN from $3.75 to $5.25 and gave the stock a "hold" rating in a report on Wednesday, August 20th. Barclays lifted their target price on JELD-WEN from $4.50 to $5.00 and gave the stock an "equal weight" rating in a report on Thursday, August 7th. Wall Street Zen cut JELD-WEN from a "hold" rating to a "sell" rating in a report on Saturday. UBS Group boosted their price objective on JELD-WEN from $5.00 to $5.75 and gave the company a "neutral" rating in a report on Thursday, August 7th. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of JELD-WEN in a report on Tuesday, October 14th. Seven equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Reduce" and an average target price of $6.03.

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.

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