Symphony Asset Management LLC decreased its position in shares of JELD-WEN Holding, Inc. (NYSE:JELD) by 26.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,137 shares of the company’s stock after selling 26,517 shares during the period. Symphony Asset Management LLC owned approximately 0.07% of JELD-WEN Holding worth $2,374,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of JELD. Alliancebernstein L.P. lifted its holdings in shares of JELD-WEN Holding by 73.9% in the 2nd quarter. Alliancebernstein L.P. now owns 55,665 shares of the company’s stock valued at $1,807,000 after acquiring an additional 23,662 shares during the last quarter. Systematic Financial Management LP lifted its holdings in shares of JELD-WEN Holding by 2.2% in the 2nd quarter. Systematic Financial Management LP now owns 262,730 shares of the company’s stock valued at $8,528,000 after acquiring an additional 5,575 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of JELD-WEN Holding by 87.8% in the 2nd quarter. Wells Fargo & Company MN now owns 689,448 shares of the company’s stock valued at $22,381,000 after acquiring an additional 322,323 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of JELD-WEN Holding by 44.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,385,886 shares of the company’s stock valued at $77,445,000 after acquiring an additional 729,101 shares during the last quarter. Finally, Cannell Peter B & Co. Inc. lifted its holdings in shares of JELD-WEN Holding by 84.6% in the 2nd quarter. Cannell Peter B & Co. Inc. now owns 1,440,710 shares of the company’s stock valued at $46,765,000 after acquiring an additional 660,160 shares during the last quarter. Hedge funds and other institutional investors own 42.15% of the company’s stock.

Shares of JELD-WEN Holding, Inc. (NYSE:JELD) traded down 0.15% during mid-day trading on Tuesday, reaching $33.90. 46,071 shares of the company’s stock traded hands. The stock has a market capitalization of $3.57 billion and a PE ratio of 207.98. JELD-WEN Holding, Inc. has a 12-month low of $24.95 and a 12-month high of $34.95. The company’s 50-day moving average price is $30.79 and its 200-day moving average price is $31.72.

JELD-WEN Holding (NYSE:JELD) last posted its quarterly earnings results on Tuesday, August 8th. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.52 by $0.01. JELD-WEN Holding had a net margin of 9.12% and a return on equity of 93.93%. The firm had revenue of $948.70 million during the quarter, compared to analysts’ expectations of $974.57 million. JELD-WEN Holding’s revenue for the quarter was up .2% on a year-over-year basis. Analysts anticipate that JELD-WEN Holding, Inc. will post $1.63 earnings per share for the current year.

A number of brokerages recently commented on JELD. Bank of America Corporation raised shares of JELD-WEN Holding from a “neutral” rating to a “buy” rating and increased their price target for the company from $36.00 to $40.00 in a report on Thursday, September 7th. Goldman Sachs Group, Inc. (The) raised shares of JELD-WEN Holding from a “neutral” rating to a “buy” rating and increased their price target for the company from $35.00 to $37.00 in a report on Wednesday, September 6th. J P Morgan Chase & Co raised shares of JELD-WEN Holding from a “neutral” rating to an “overweight” rating and increased their price target for the company from $34.00 to $38.00 in a report on Wednesday, September 6th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $37.00 price target on shares of JELD-WEN Holding in a report on Tuesday, August 29th. Finally, Zacks Investment Research downgraded shares of JELD-WEN Holding from a “buy” rating to a “hold” rating in a report on Thursday, August 10th. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $36.43.

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About JELD-WEN Holding

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 Holding (NYSE:JELD)

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