One68 Global Capital LLC Acquires New Holdings in JELD-WEN Holding, Inc. (NYSE:JELD)

One68 Global Capital LLC purchased a new position in shares of JELD-WEN Holding, Inc. (NYSE:JELD - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 457,459 shares of the company's stock, valued at approximately $3,747,000. JELD-WEN makes up approximately 2.0% of One68 Global Capital LLC's investment portfolio, making the stock its 12th largest position. One68 Global Capital LLC owned approximately 0.54% of JELD-WEN as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in JELD. Diversified Trust Co increased its stake in shares of JELD-WEN by 8.8% during the 4th quarter. Diversified Trust Co now owns 27,614 shares of the company's stock worth $226,000 after purchasing an additional 2,242 shares in the last quarter. MetLife Investment Management LLC lifted its stake in shares of JELD-WEN by 6.3% during the fourth quarter. MetLife Investment Management LLC now owns 51,911 shares of the company's stock valued at $425,000 after buying an additional 3,066 shares during the period. Performa Ltd US LLC raised its holdings in JELD-WEN by 1,580.0% in the 4th quarter. Performa Ltd US LLC now owns 4,200 shares of the company's stock valued at $34,000 after acquiring an additional 3,950 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of JELD-WEN by 10.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 50,261 shares of the company's stock valued at $412,000 after purchasing an additional 4,944 shares during the period. Finally, Rhumbline Advisers lifted its position in JELD-WEN by 3.5% during the fourth quarter. Rhumbline Advisers now owns 148,461 shares of the company's stock worth $1,216,000 after buying an additional 4,962 shares during the period. Hedge funds and other institutional investors own 95.04% of the company's stock.

JELD-WEN Price Performance

NYSE JELD traded down $0.02 on Monday, reaching $5.76. The company's stock had a trading volume of 837,507 shares, compared to its average volume of 970,939. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.33 and a current ratio of 2.03. The stock has a market cap of $491.28 million, a PE ratio of -2.58 and a beta of 1.86. JELD-WEN Holding, Inc. has a twelve month low of $4.91 and a twelve month high of $20.20. The firm's 50 day moving average is $5.67 and its two-hundred day moving average is $8.43.

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

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Barclays dropped their price objective on JELD-WEN from $6.00 to $5.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th. Loop Capital lowered their price target on JELD-WEN from $10.00 to $8.00 and set a "hold" rating for the company in a report on Wednesday, February 19th. Royal Bank of Canada decreased their price target on JELD-WEN from $7.00 to $5.00 and set an "underperform" rating for the company in a report on Wednesday, February 19th. StockNews.com lowered shares of JELD-WEN from a "hold" rating to a "sell" rating in a report on Friday, March 7th. Finally, The Goldman Sachs Group dropped 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. Two investment analysts have rated the stock with a sell rating and seven have assigned a hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $8.94.

Insiders Place Their Bets

In related news, Director Steven E. Wynne acquired 10,000 shares of the stock in a transaction dated Thursday, February 27th. The shares were acquired at an average price of $6.01 per share, with a total value of $60,100.00. Following the acquisition, 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 legal filing with the SEC, which can be accessed through this link. Also, major shareholder Turtle Creek Asset Management bought 26,411 shares of the firm's stock in a transaction on Monday, April 21st. The shares were bought at an average cost of $5.06 per share, with a total value of $133,639.66. Following the transaction, the insider now directly owns 13,109,018 shares of the company's stock, valued at approximately $66,331,631.08. This trade represents a 0.20 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 714,404 shares of company stock valued at $4,023,392 in the last three months. Insiders own 1.24% 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.