JELD-WEN Holding, Inc. (NYSE:JELD) Chairman Kirk S. Hachigian sold 156,029 shares of the business’s stock in a transaction on 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 sale, the chairman now owns 413,930 shares of the company’s stock, valued at approximately $13,552,068.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
JELD-WEN Holding, Inc. (JELD) opened at $37.82 on Friday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.28 and a current ratio of 1.93. JELD-WEN Holding, Inc. has a 52-week low of $24.95 and a 52-week high of $40.25.
JELD-WEN (NYSE:JELD) last posted its quarterly earnings data on Tuesday, November 7th. The company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.03. The company had revenue of $991.40 million during the quarter, compared to analysts’ expectations of $974.98 million. JELD-WEN had a return on equity of 58.83% and a net margin of 9.12%. JELD-WEN’s quarterly revenue was up 6.3% compared to the same quarter last year. analysts anticipate that JELD-WEN Holding, Inc. will post 1.59 earnings per share for the current fiscal year.
Hedge funds have recently bought and sold shares of the company. Morgan Stanley bought a new stake in JELD-WEN during the first quarter worth about $1,474,000. BlackRock Inc. raised its holdings in JELD-WEN by 69.1% during the second quarter. BlackRock Inc. now owns 2,994,158 shares of the company’s stock worth $97,191,000 after acquiring an additional 1,223,534 shares in the last quarter. FMR LLC raised its holdings in JELD-WEN by 148.6% during the second quarter. FMR LLC now owns 3,332,306 shares of the company’s stock worth $108,167,000 after acquiring an additional 1,991,945 shares in the last quarter. Systematic Financial Management LP raised its holdings in JELD-WEN by 2.2% during the second quarter. Systematic Financial Management LP now owns 262,730 shares of the company’s stock worth $8,528,000 after acquiring an additional 5,575 shares in the last quarter. Finally, Teachers Retirement System of The State of Kentucky raised its holdings in JELD-WEN by 209.0% during the second quarter. Teachers Retirement System of The State of Kentucky now owns 33,995 shares of the company’s stock worth $1,103,000 after acquiring an additional 22,995 shares in the last quarter. 41.03% of the stock is owned by institutional investors.
JELD has been the subject of a number of analyst reports. Zacks Investment Research raised JELD-WEN from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a research note on Monday, October 23rd. Bank of America raised JELD-WEN from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $36.00 to $40.00 in a research note on Thursday, September 7th. Goldman Sachs Group raised JELD-WEN from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $35.00 to $37.00 in a research note on Wednesday, September 6th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $37.00 price objective on shares of JELD-WEN in a research note on Tuesday, August 29th. Finally, SunTrust Banks reaffirmed a “hold” rating on shares of JELD-WEN in a research note on Tuesday, September 12th. Six investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. JELD-WEN has an average rating of “Buy” and a consensus target price of $37.27.
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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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