Parkwood LLC Purchases New Holdings in JELD-WEN Holding, Inc. (NYSE:JELD)

Parkwood LLC purchased a new stake in JELD-WEN Holding, Inc. (NYSE:JELD - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,076,334 shares of the company's stock, valued at approximately $8,815,000. Parkwood LLC owned approximately 1.27% of JELD-WEN as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Performa Ltd US LLC lifted its position in shares of JELD-WEN by 1,580.0% during the 4th quarter. Performa Ltd US LLC now owns 4,200 shares of the company's stock worth $34,000 after buying an additional 3,950 shares during the period. Quarry LP bought a new position in shares of JELD-WEN during the 4th quarter worth approximately $46,000. US Bancorp DE lifted its position in shares of JELD-WEN by 257.6% during the 4th quarter. US Bancorp DE now owns 9,752 shares of the company's stock worth $80,000 after buying an additional 7,025 shares during the period. Brevan Howard Capital Management LP bought a new position in shares of JELD-WEN during the 4th quarter worth approximately $83,000. Finally, Boothbay Fund Management LLC bought a new position in shares of JELD-WEN during the 4th quarter worth approximately $100,000. Institutional investors and hedge funds own 95.04% of the company's stock.

Insider Buying and Selling at JELD-WEN

In related news, Director Steven E. Wynne purchased 10,000 shares of JELD-WEN stock in a transaction that occurred on Thursday, February 27th. The stock was purchased at an average cost of $6.01 per share, with a total value of $60,100.00. Following the completion of the transaction, 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 purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Turtle Creek Asset Management purchased 72,000 shares of JELD-WEN stock in a transaction that occurred on Thursday, February 27th. The shares were bought at an average cost of $6.08 per share, with a total value of $437,760.00. Following the completion of the transaction, the insider now directly owns 701,934 shares of the company's stock, valued at approximately $4,267,758.72. The trade was a 11.43% increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders acquired 864,404 shares of company stock valued at $4,662,392. Company insiders own 1.24% of the company's stock.

JELD-WEN Trading Down 4.1%

Shares of JELD-WEN stock traded down $0.17 during trading on Monday, reaching $3.87. 547,414 shares of the company were exchanged, compared to its average volume of 1,024,918. 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 Holding, Inc. has a twelve month low of $3.73 and a twelve month high of $17.70. The business has a 50-day moving average price of $5.37 and a 200-day moving average price of $7.71. The firm has a market capitalization of $329.94 million, a price-to-earnings ratio of -1.73 and a beta of 1.86.

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, topping analysts' consensus estimates of ($0.19) by $0.02. The business had revenue of $776.00 million during the quarter, compared to analysts' expectations of $769.25 million. JELD-WEN had a positive return on equity of 7.14% and a negative net margin of 5.01%. The firm's quarterly revenue was down 19.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.21 earnings per share. Sell-side analysts anticipate that JELD-WEN Holding, Inc. will post 0.88 EPS for the current fiscal year.

Analyst Ratings Changes

JELD has been the subject of several research analyst reports. UBS Group cut their price objective on JELD-WEN from $7.50 to $5.00 and set a "neutral" rating for the company in a research report on Wednesday, May 7th. StockNews.com downgraded JELD-WEN from a "hold" rating to a "sell" rating in a research report on Wednesday, May 14th. The Goldman Sachs Group cut their price objective on JELD-WEN from $6.00 to $5.25 and set a "neutral" rating for the company in a research report on Wednesday, May 7th. Royal Bank of Canada dropped their target price on JELD-WEN from $5.00 to $2.00 and set an "underperform" rating for the company in a research report on Wednesday, May 7th. Finally, Truist Financial dropped their target price on JELD-WEN from $11.00 to $7.00 and set a "hold" rating for the company in a research report on Wednesday, February 19th. Two analysts have rated the stock with a sell rating and seven have given a hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target 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.