Knights of Columbus Asset Advisors LLC Purchases 179,998 Shares of JELD-WEN Holding, Inc. (NYSE:JELD)

Knights of Columbus Asset Advisors LLC boosted its position in JELD-WEN Holding, Inc. (NYSE:JELD - Free Report) by 146.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 302,860 shares of the company's stock after purchasing an additional 179,998 shares during the period. Knights of Columbus Asset Advisors LLC owned about 0.36% of JELD-WEN worth $5,718,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of JELD. Nomura Asset Management Co. Ltd. lifted its stake in JELD-WEN by 100.0% in the 1st quarter. Nomura Asset Management Co. Ltd. now owns 2,200 shares of the company's stock valued at $28,000 after purchasing an additional 1,100 shares during the last quarter. Ensign Peak Advisors Inc acquired a new stake in JELD-WEN during the third quarter worth approximately $29,000. Quantbot Technologies LP lifted its position in JELD-WEN by 182.7% during the first quarter. Quantbot Technologies LP now owns 2,951 shares of the company's stock worth $59,000 after acquiring an additional 1,907 shares during the last quarter. Osaic Holdings Inc. lifted its position in JELD-WEN by 22.1% during the second quarter. Osaic Holdings Inc. now owns 3,635 shares of the company's stock worth $64,000 after acquiring an additional 659 shares during the last quarter. Finally, State of Wyoming acquired a new stake in JELD-WEN during the fourth quarter worth approximately $84,000. 95.04% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on JELD. B. Riley raised their price objective on shares of JELD-WEN from $17.00 to $20.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 21st. Oppenheimer began coverage on shares of JELD-WEN in a research report on Friday, January 19th. They set a "market perform" rating for the company. Truist Financial raised their price objective on shares of JELD-WEN from $15.00 to $19.00 and gave the stock a "hold" rating in a research report on Wednesday, February 21st. Loop Capital began coverage on shares of JELD-WEN in a report on Thursday, February 15th. They set a "hold" rating and a $22.00 target price on the stock. Finally, Royal Bank of Canada raised their target price on shares of JELD-WEN from $15.00 to $16.00 and gave the stock an "underperform" rating in a report on Wednesday, February 21st. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $18.30.

JELD-WEN Price Performance

NYSE:JELD traded down $0.04 during mid-day trading on Friday, reaching $18.29. The stock had a trading volume of 344,241 shares, compared to its average volume of 594,966. JELD-WEN Holding, Inc. has a 12 month low of $11.02 and a 12 month high of $21.67. The company has a debt-to-equity ratio of 1.40, a current ratio of 2.20 and a quick ratio of 1.49. The stock has a market capitalization of $1.57 billion, a PE ratio of 25.05 and a beta of 2.35. The stock has a 50-day simple moving average of $19.25 and a two-hundred day simple moving average of $17.17.

JELD-WEN (NYSE:JELD - Get Free Report) last issued its earnings results on Monday, February 19th. The company reported $0.37 earnings per share for the quarter, beating analysts' consensus estimates of $0.25 by $0.12. JELD-WEN had a net margin of 1.40% and a return on equity of 17.99%. The firm had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.03 billion. During the same quarter last year, the business posted $0.47 earnings per share. On average, equities analysts anticipate that JELD-WEN Holding, Inc. will post 1.6 earnings per share for the current year.

Insider Buying and Selling at JELD-WEN

In other JELD-WEN news, major shareholder Turtle Creek Asset Management sold 53,000 shares of the firm's stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $19.55, for a total value of $1,036,150.00. Following the sale, the insider now owns 814,463 shares in the company, valued at $15,922,751.65. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, major shareholder Turtle Creek Asset Management sold 53,000 shares of JELD-WEN stock in a transaction on Friday, February 9th. The shares were sold at an average price of $19.55, for a total transaction of $1,036,150.00. Following the transaction, the insider now owns 814,463 shares in the company, valued at $15,922,751.65. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Roderick Wendt sold 10,000 shares of JELD-WEN stock in a transaction on Friday, March 1st. The stock was sold at an average price of $30.76, for a total transaction of $307,600.00. Following the transaction, the director now owns 294,558 shares in the company, valued at approximately $9,060,604.08. The disclosure for this sale can be found here. Insiders have sold 127,000 shares of company stock worth $2,698,610 over the last quarter. Corporate insiders own 1.03% of the company's stock.

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.