16,311 Shares in JELD-WEN Holding, Inc. (JELD) Acquired by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of JELD-WEN Holding, Inc. (NYSE:JELD) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 16,311 shares of the company’s stock, valued at approximately $579,000.

Several other large investors have also added to or reduced their stakes in JELD. Macquarie Group Ltd. lifted its holdings in shares of JELD-WEN by 0.8% in the 2nd quarter. Macquarie Group Ltd. now owns 22,940 shares of the company’s stock valued at $745,000 after purchasing an additional 174 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of JELD-WEN by 24.5% in the 3rd quarter. Russell Investments Group Ltd. now owns 10,741 shares of the company’s stock valued at $382,000 after purchasing an additional 2,114 shares during the last quarter. Quantbot Technologies LP purchased a new stake in shares of JELD-WEN in the 3rd quarter valued at about $110,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in shares of JELD-WEN in the 2nd quarter valued at about $105,000. Finally, CNA Financial Corp lifted its holdings in shares of JELD-WEN by 9.5% in the 3rd quarter. CNA Financial Corp now owns 41,249 shares of the company’s stock valued at $1,465,000 after purchasing an additional 3,593 shares during the last quarter. 41.03% of the stock is owned by institutional investors and hedge funds.

In other JELD-WEN news, Chairman Kirk S. Hachigian sold 156,029 shares of the stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $32.74, for a total value of $5,108,389.46. Following the completion of the sale, the chairman now directly owns 413,930 shares in the company, valued at $13,552,068.20. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, major shareholder Corp Onex sold 12,465,047 shares of the stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $32.74, for a total value of $408,105,638.78. The disclosure for this sale can be found here. Over the last quarter, insiders sold 47,672,683 shares of company stock valued at $1,560,803,641.

Several research firms have recently weighed in on JELD. Zacks Investment Research raised JELD-WEN from a “hold” rating to a “buy” rating and set a $40.00 target price for the company in a report on Monday, October 23rd. ValuEngine downgraded JELD-WEN from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. SunTrust Banks reaffirmed a “hold” rating on shares of JELD-WEN in a research note on Tuesday, September 12th. B. Riley upped their price objective on JELD-WEN from $33.00 to $38.00 and gave the company a “neutral” rating in a research note on Wednesday, November 15th. Finally, Robert W. Baird reaffirmed an “outperform” rating and set a $40.00 price objective (up from $38.00) on shares of JELD-WEN in a research note on Monday, October 2nd. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $37.27.

Shares of JELD-WEN Holding, Inc. (NYSE:JELD) opened at $38.24 on Friday. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.93 and a quick ratio of 1.28. JELD-WEN Holding, Inc. has a one year low of $24.95 and a one year high of $40.25.

JELD-WEN (NYSE:JELD) last released its quarterly earnings results on Tuesday, November 7th. The company reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.03. JELD-WEN had a return on equity of 58.83% and a net margin of 9.12%. The company had revenue of $991.40 million during the quarter, compared to analysts’ expectations of $974.98 million. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. sell-side analysts anticipate that JELD-WEN Holding, Inc. will post 1.59 earnings per share for the current fiscal year.

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JELD-WEN Company Profile

JELD-WEN Holding, Inc is a door and window manufacturer. The Company designs, produces and distributes a range of interior and exterior doors, wood, vinyl and aluminum windows, and related products for use in the new construction and repair and remodeling, of residential homes, and to an extent, non-residential buildings.

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Institutional Ownership by Quarter for JELD-WEN (NYSE:JELD)

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