JELD-WEN Holding, Inc. (NYSE:JELD) Shares Purchased by Mutual Advisors LLC

Mutual Advisors LLC boosted its holdings in shares of JELD-WEN Holding, Inc. (NYSE:JELD - Free Report) by 231.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 132,673 shares of the company's stock after purchasing an additional 92,671 shares during the quarter. Mutual Advisors LLC owned about 0.16% of JELD-WEN worth $792,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Turtle Creek Asset Management Inc. lifted its stake in shares of JELD-WEN by 7.2% during the 4th quarter. Turtle Creek Asset Management Inc. now owns 14,842,920 shares of the company's stock worth $121,564,000 after purchasing an additional 1,000,000 shares during the last quarter. Pzena Investment Management LLC raised its position in JELD-WEN by 16.5% during the fourth quarter. Pzena Investment Management LLC now owns 11,165,246 shares of the company's stock valued at $91,443,000 after acquiring an additional 1,583,238 shares in the last quarter. Vanguard Group Inc. increased its holdings in JELD-WEN by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 8,545,071 shares of the company's stock valued at $69,984,000 after buying an additional 101,944 shares in the last quarter. American Century Companies Inc. grew its holdings in JELD-WEN by 12.3% in the fourth quarter. American Century Companies Inc. now owns 5,775,940 shares of the company's stock valued at $47,305,000 after purchasing an additional 634,101 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in JELD-WEN by 4.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,701,950 shares of the company's stock worth $30,319,000 after acquiring an additional 146,581 shares in the last quarter. 95.04% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, major shareholder Turtle Creek Asset Management purchased 150,000 shares of the stock in a transaction dated Tuesday, May 6th. The shares were acquired at an average cost of $4.26 per share, with a total value of $639,000.00. Following the purchase, the insider directly owned 13,250,853 shares in the company, valued at $56,448,633.78. This trade represents a 1.14% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders acquired a total of 279,267 shares of company stock valued at $1,300,205 over the last three months. 1.24% of the stock is currently owned by company insiders.

JELD-WEN Stock Performance

JELD traded up $0.17 during trading on Thursday, hitting $4.66. The stock had a trading volume of 1,962,780 shares, compared to its average volume of 1,149,764. JELD-WEN Holding, Inc. has a twelve month low of $3.27 and a twelve month high of $17.70. The firm has a market capitalization of $397.40 million, a P/E ratio of -1.16 and a beta of 1.69. The company has a debt-to-equity ratio of 2.56, a quick ratio of 1.12 and a current ratio of 1.87. The company's 50-day moving average price is $4.02 and its 200 day moving average price is $5.98.

JELD-WEN (NYSE:JELD - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The company reported ($0.17) EPS for the quarter, beating analysts' consensus estimates of ($0.19) by $0.02. JELD-WEN had a negative net margin of 9.49% and a positive return on equity of 3.70%. The firm had revenue of $776.00 million during the quarter, compared to the consensus estimate of $769.25 million. During the same quarter last year, the firm earned $0.21 earnings per share. The firm's revenue was down 19.1% compared to the same quarter last year. On average, equities research analysts forecast that JELD-WEN Holding, Inc. will post 0.88 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Wall Street Zen lowered JELD-WEN from a "hold" rating to a "sell" rating in a research report on Wednesday, May 14th. Loop Capital cut their price target on shares of JELD-WEN from $8.00 to $4.00 and set a "hold" rating on the stock in a research note on Thursday, May 8th. Royal Bank Of Canada lowered their target price on JELD-WEN from $5.00 to $2.00 and set an "underperform" rating for the company in a research note on Wednesday, May 7th. Barclays lowered their price objective on JELD-WEN from $5.00 to $4.50 and set an "equal weight" rating for the company in a research report on Thursday, May 8th. Finally, UBS Group dropped their price objective on JELD-WEN from $7.50 to $5.00 and set a "neutral" rating on the stock in a report on Wednesday, May 7th. Two investment analysts have rated the stock with a sell rating and seven have given a hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $7.34.

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.