Augustine Asset Management Inc. acquired a new position in shares of Jeld-Wen Holding Inc (NYSE:JELD) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 16,807 shares of the company’s stock, valued at approximately $238,000.

Several other large investors have also recently bought and sold shares of the stock. Teachers Advisors LLC grew its stake in Jeld-Wen by 0.8% in the third quarter. Teachers Advisors LLC now owns 239,389 shares of the company’s stock valued at $5,903,000 after purchasing an additional 1,907 shares in the last quarter. State Board of Administration of Florida Retirement System grew its stake in Jeld-Wen by 32.0% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 17,962 shares of the company’s stock valued at $255,000 after purchasing an additional 4,354 shares in the last quarter. Quantamental Technologies LLC bought a new position in Jeld-Wen in the fourth quarter valued at approximately $85,000. California Public Employees Retirement System grew its stake in Jeld-Wen by 26.9% in the second quarter. California Public Employees Retirement System now owns 41,889 shares of the company’s stock valued at $1,198,000 after purchasing an additional 8,889 shares in the last quarter. Finally, Obermeyer Wood Investment Counsel Lllp grew its stake in Jeld-Wen by 1.2% in the third quarter. Obermeyer Wood Investment Counsel Lllp now owns 932,199 shares of the company’s stock valued at $22,988,000 after purchasing an additional 10,779 shares in the last quarter. Institutional investors and hedge funds own 66.08% of the company’s stock.

A number of research analysts have weighed in on the company. Royal Bank of Canada set a $21.00 price target on Jeld-Wen and gave the company a “buy” rating in a research note on Wednesday, November 7th. Wells Fargo & Co decreased their price target on Jeld-Wen from $29.00 to $19.00 and set a “market perform” rating for the company in a research note on Wednesday, November 7th. Credit Suisse Group set a $18.00 price target on Jeld-Wen and gave the company a “hold” rating in a research note on Wednesday, November 7th. B. Riley decreased their price target on Jeld-Wen from $30.00 to $22.00 and set a “neutral” rating for the company in a research note on Wednesday, November 7th. Finally, ValuEngine downgraded Jeld-Wen from a “sell” rating to a “strong sell” rating in a research note on Wednesday, October 17th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $23.93.

JELD opened at $18.14 on Thursday. Jeld-Wen Holding Inc has a 12-month low of $13.28 and a 12-month high of $38.08. The company has a market capitalization of $1.76 billion, a PE ratio of 12.26, a price-to-earnings-growth ratio of 0.78 and a beta of 2.84. The company has a quick ratio of 1.06, a current ratio of 1.75 and a debt-to-equity ratio of 1.89.

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Jeld-Wen Company Profile

JELD-WEN Holding, Inc manufactures and sells doors and windows primarily in North America, Europe, and Australasia. The company offers a line of residential interior and exterior door products, including patio doors, and folding or sliding wall systems; non-residential doors; and wood, vinyl, and aluminum windows.

Further Reading: SEC Filing

Want to see what other hedge funds are holding JELD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Jeld-Wen Holding Inc (NYSE:JELD).

Institutional Ownership by Quarter for Jeld-Wen (NYSE:JELD)

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