JELD-WEN Holding, Inc. $JELD Stock Position Boosted by Hotchkis & Wiley Capital Management LLC

Key Points

• Hotchkis & Wiley Capital Management LLC increased its stakes in JELD-WEN Holding, Inc. by 131.2%, bringing its total holdings to approximately $7.11 million.
• Several institutional investors, including AlphaQuest LLC and Quantbot Technologies LP, have also significantly increased their positions in JELD-WEN during the first quarter of the year.
• JELD-WEN's stock has been rated as a "hold" by multiple analysts, with a consensus price target of $6.03, while its market performance shows a 52-week low of $3.27 and a high of $16.43.

Hotchkis & Wiley Capital Management LLC lifted its stake in shares of JELD-WEN Holding, Inc. (NYSE:JELD - Free Report) by 131.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,190,150 shares of the company's stock after buying an additional 675,320 shares during the quarter. Hotchkis & Wiley Capital Management LLC owned approximately 1.39% of JELD-WEN worth $7,105,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Wells Fargo & Company MN boosted its stake in JELD-WEN by 45.8% during the 4th quarter. Wells Fargo & Company MN now owns 51,214 shares of the company's stock valued at $419,000 after acquiring an additional 16,091 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of JELD-WEN in the 4th quarter valued at about $455,000. Barclays PLC lifted its position in shares of JELD-WEN by 4.7% during the fourth quarter. Barclays PLC now owns 164,293 shares of the company's stock worth $1,344,000 after purchasing an additional 7,383 shares during the last quarter. XTX Topco Ltd acquired a new position in JELD-WEN in the fourth quarter worth about $133,000. Finally, Dimensional Fund Advisors LP increased its holdings in JELD-WEN by 4.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,701,950 shares of the company's stock valued at $30,319,000 after buying an additional 146,581 shares during the last quarter. Institutional investors own 95.04% of the company's stock.

JELD-WEN Stock Performance

Shares of JELD traded up $0.05 during mid-day trading on Thursday, reaching $6.05. 6,065,685 shares of the company's stock traded hands, compared to its average volume of 1,604,010. The company has a debt-to-equity ratio of 2.42, a quick ratio of 1.04 and a current ratio of 1.77. The business's 50-day moving average price is $4.83 and its 200-day moving average price is $5.12. The stock has a market capitalization of $516.26 million, a P/E ratio of -1.49 and a beta of 1.65. JELD-WEN Holding, Inc. has a 12 month low of $3.27 and a 12 month high of $16.43.

Wall Street Analyst Weigh In

Several brokerages have recently commented on JELD. UBS Group lifted their target price on JELD-WEN from $5.00 to $5.75 and gave the stock a "neutral" rating in a research report on Thursday, August 7th. Barclays lifted their price objective on shares of JELD-WEN from $4.50 to $5.00 and gave the stock an "equal weight" rating in a report on Thursday, August 7th. The Goldman Sachs Group dropped their target price 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. Wall Street Zen raised shares of JELD-WEN from a "strong sell" rating to a "hold" rating in a report on Saturday, August 9th. Finally, Royal Bank Of Canada dropped their price objective on shares of JELD-WEN from $5.00 to $2.00 and set an "underperform" rating on the stock in a research note on Wednesday, May 7th. Seven investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, JELD-WEN has a consensus rating of "Reduce" and a consensus target price of $6.03.

JELD-WEN 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.