First Trust Advisors LP Sells 130,960 Shares of JELD-WEN Holding, Inc. (NYSE:JELD)

First Trust Advisors LP decreased its stake in shares of JELD-WEN Holding, Inc. (NYSE:JELD - Free Report) by 77.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 38,754 shares of the company's stock after selling 130,960 shares during the quarter. First Trust Advisors LP's holdings in JELD-WEN were worth $317,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Diversified Trust Co boosted its position in JELD-WEN by 8.8% in the fourth quarter. Diversified Trust Co now owns 27,614 shares of the company's stock valued at $226,000 after buying an additional 2,242 shares in the last quarter. Performa Ltd US LLC boosted its position in JELD-WEN by 1,580.0% in the fourth quarter. Performa Ltd US LLC now owns 4,200 shares of the company's stock valued at $34,000 after buying an additional 3,950 shares in the last quarter. Rhumbline Advisers boosted its position in JELD-WEN by 3.5% in the fourth quarter. Rhumbline Advisers now owns 148,461 shares of the company's stock valued at $1,216,000 after buying an additional 4,962 shares in the last quarter. US Bancorp DE boosted its position in JELD-WEN by 257.6% in the fourth quarter. US Bancorp DE now owns 9,752 shares of the company's stock valued at $80,000 after buying an additional 7,025 shares in the last quarter. Finally, Barclays PLC boosted its position in JELD-WEN by 4.7% in the fourth quarter. Barclays PLC now owns 164,293 shares of the company's stock valued at $1,344,000 after buying an additional 7,383 shares in the last quarter. Institutional investors own 95.04% of the company's stock.

JELD-WEN Trading Up 2.8%

NYSE JELD traded up $0.12 during trading hours on Monday, hitting $4.35. The company's stock had a trading volume of 2,143,321 shares, compared to its average volume of 1,015,581. The stock has a fifty day moving average of $5.53 and a 200 day moving average of $7.99. JELD-WEN Holding, Inc. has a twelve month low of $3.95 and a twelve month high of $17.70. The firm has a market capitalization of $371.26 million, a P/E ratio of -1.95 and a beta of 1.86. 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, May 5th. The company reported ($0.17) earnings per share for the quarter, beating the consensus estimate of ($0.19) by $0.02. JELD-WEN had a negative net margin of 5.01% and a positive return on equity of 7.14%. The business had revenue of $776.00 million for the quarter, compared to analyst estimates of $769.25 million. During the same period in the prior year, the business posted $0.21 earnings per share. JELD-WEN's revenue was down 19.1% compared to the same quarter last year. Equities research analysts forecast that JELD-WEN Holding, Inc. will post 0.88 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have commented on JELD. Barclays reduced their price target on shares of JELD-WEN from $5.00 to $4.50 and set an "equal weight" rating on the stock in a research report on Thursday. Loop Capital reduced 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 report on Thursday. Royal Bank of Canada decreased their price target 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. StockNews.com raised shares of JELD-WEN from a "sell" rating to a "hold" rating in a research note on Tuesday, May 6th. Finally, UBS Group decreased their price target on shares of JELD-WEN from $7.50 to $5.00 and set a "neutral" rating on the stock in a research note on Wednesday, May 7th. One investment analyst has rated the stock with a sell rating and eight have given a hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $7.34.

Insider Activity at JELD-WEN

In other news, Director David G. Nord bought 20,000 shares of the business's stock in a transaction on Monday, February 24th. The shares were bought at an average cost of $5.96 per share, for a total transaction of $119,200.00. Following the completion of the acquisition, the director now owns 40,000 shares in the company, valued at approximately $238,400. This trade represents a 100.00% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Steven E. Wynne bought 10,000 shares of the business's stock in a transaction on Thursday, February 27th. The stock was purchased at an average price of $6.01 per share, for a total transaction of $60,100.00. Following the completion of the acquisition, the director now owns 28,000 shares of the company's stock, valued at approximately $168,280. This trade represents a 55.56% increase in their position. The disclosure for this purchase can be found here. Insiders have acquired 864,404 shares of company stock worth $4,662,392 over the last ninety days. Company insiders own 1.24% of the company's stock.

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.