Dean Investment Associates LLC reduced its position in Jeld-Wen Holding Inc (NYSE:JELD) by 37.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 57,570 shares of the company’s stock after selling 34,460 shares during the period. Dean Investment Associates LLC’s holdings in Jeld-Wen were worth $2,267,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of JELD. Quantbot Technologies LP purchased a new position in shares of Jeld-Wen in the 3rd quarter worth $110,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Jeld-Wen by 331.6% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,522 shares of the company’s stock worth $139,000 after buying an additional 2,706 shares during the period. Strs Ohio purchased a new position in shares of Jeld-Wen in the 4th quarter worth $149,000. Breton Hill Capital Ltd. purchased a new position in shares of Jeld-Wen in the 3rd quarter worth $208,000. Finally, Sii Investments Inc. WI purchased a new position in shares of Jeld-Wen in the 3rd quarter worth $217,000. 41.50% of the stock is currently owned by institutional investors and hedge funds.

Several research analysts recently weighed in on the company. Zacks Investment Research raised Jeld-Wen from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a research report on Thursday, February 1st. Robert W. Baird reissued a “buy” rating and issued a $46.00 price objective on shares of Jeld-Wen in a research report on Tuesday, January 9th. Barclays set a $44.00 price objective on Jeld-Wen and gave the company a “buy” rating in a research report on Monday, January 8th. B. Riley raised their price objective on Jeld-Wen from $33.00 to $38.00 and gave the company a “neutral” rating in a research report on Wednesday, November 15th. Finally, Credit Suisse Group reissued an “outperform” rating and issued a $47.00 price objective (up from $41.00) on shares of Jeld-Wen in a research report on Monday, January 22nd. They noted that the move was a valuation call. Five investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $38.80.

In other news, SVP John R. Linker sold 7,235 shares of the firm’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $32.74, for a total transaction of $236,873.90. Following the completion of the sale, the senior vice president now directly owns 14,453 shares in the company, valued at $473,191.22. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Corp Onex sold 20,832,636 shares of the firm’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $32.74, for a total value of $682,060,502.64. The disclosure for this sale can be found here. Insiders have sold 47,672,683 shares of company stock valued at $1,560,803,641 over the last 90 days.

Shares of Jeld-Wen Holding Inc (NYSE:JELD) opened at $38.11 on Thursday. 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 $27.61 and a 52 week high of $42.27.

Jeld-Wen (NYSE:JELD) last announced its earnings results on Tuesday, November 7th. The company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.03. The company had revenue of $991.40 million during the quarter, compared to the consensus estimate of $974.98 million. Jeld-Wen had a return on equity of 58.83% and a net margin of 9.12%. The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. equities research analysts anticipate that Jeld-Wen Holding Inc will post 1.62 earnings per share for the current fiscal year.

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About Jeld-Wen

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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