LSV Asset Management Sells 76,900 Shares of JELD-WEN Holding, Inc. (NYSE:JELD)

LSV Asset Management decreased its position in JELD-WEN Holding, Inc. (NYSE:JELD - Free Report) by 34.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 143,500 shares of the company's stock after selling 76,900 shares during the quarter. LSV Asset Management owned approximately 0.17% of JELD-WEN worth $1,175,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Performa Ltd US LLC lifted its stake in shares of JELD-WEN by 1,580.0% in the 4th quarter. Performa Ltd US LLC now owns 4,200 shares of the company's stock worth $34,000 after purchasing an additional 3,950 shares during the period. US Bancorp DE raised 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 worth $80,000 after acquiring an additional 7,025 shares during the period. AXQ Capital LP purchased a new position in shares of JELD-WEN during the 4th quarter worth $105,000. Royce & Associates LP bought a new stake in shares of JELD-WEN during the 4th quarter valued at $118,000. Finally, Leavell Investment Management Inc. purchased a new stake in shares of JELD-WEN in the 4th quarter worth $123,000. 95.04% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. The Goldman Sachs Group lowered their target price on JELD-WEN from $9.00 to $8.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 19th. Royal Bank of Canada cut their price objective on JELD-WEN from $7.00 to $5.00 and set an "underperform" rating for the company in a research note on Wednesday, February 19th. UBS Group decreased their target price on shares of JELD-WEN from $9.00 to $7.50 and set a "neutral" rating on the stock in a research note on Wednesday, February 19th. StockNews.com lowered shares of JELD-WEN from a "hold" rating to a "sell" rating in a research report on Friday, March 7th. Finally, Truist Financial reduced their price objective on shares of JELD-WEN from $11.00 to $7.00 and set a "hold" rating for the company in a research note on Wednesday, February 19th. Two equities research analysts have rated the stock with a sell rating and seven have issued a hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $8.94.

JELD-WEN Price Performance

Shares of NYSE:JELD traded up $0.07 during midday trading on Friday, reaching $5.15. 3,568,671 shares of the company were exchanged, compared to its average volume of 903,531. The stock has a market cap of $439.21 million, a PE ratio of -2.31 and a beta of 1.93. The business's fifty day moving average is $6.02 and its two-hundred day moving average is $9.14. JELD-WEN Holding, Inc. has a one year low of $4.91 and a one year high of $21.75. The company has a current ratio of 2.03, a quick ratio of 1.33 and a debt-to-equity ratio of 1.64.

JELD-WEN (NYSE:JELD - Get Free Report) last released its quarterly earnings data on Monday, February 17th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.20). JELD-WEN had a negative net margin of 5.01% and a positive return on equity of 7.14%. The company had revenue of $895.70 million for the quarter, compared to the consensus estimate of $860.82 million. As a group, analysts predict that JELD-WEN Holding, Inc. will post 0.88 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Steven E. Wynne purchased 10,000 shares of the company's stock in a transaction that occurred on Thursday, February 27th. The stock was bought at an average price of $6.01 per share, for a total transaction of $60,100.00. Following the completion of the transaction, the director now owns 28,000 shares in the company, valued at approximately $168,280. The trade was a 55.56 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, major shareholder Turtle Creek Asset Management acquired 100,000 shares of JELD-WEN stock in a transaction on Thursday, April 3rd. The shares were bought at an average cost of $5.86 per share, for a total transaction of $586,000.00. Following the completion of the purchase, the insider now directly owns 12,664,379 shares of the company's stock, valued at $74,213,260.94. The trade was a 0.80 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 635,137 shares of company stock valued at $3,619,687 in the last quarter. 1.24% of the stock is currently owned by insiders.

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.