Quadrature Capital Ltd Cuts Stake in Jeld-Wen Holding Inc (JELD)
Quadrature Capital Ltd decreased its stake in shares of Jeld-Wen Holding Inc (NYSE:JELD) by 52.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,882 shares of the company’s stock after selling 9,746 shares during the period. Quadrature Capital Ltd’s holdings in Jeld-Wen were worth $350,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Quantbot Technologies LP purchased a new position in Jeld-Wen during the 3rd quarter valued at about $110,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Jeld-Wen by 331.6% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,522 shares of the company’s stock valued at $139,000 after acquiring an additional 2,706 shares during the period. Strs Ohio purchased a new position in Jeld-Wen during the 4th quarter valued at about $149,000. Virtu Financial LLC purchased a new position in Jeld-Wen during the 4th quarter valued at about $205,000. Finally, Breton Hill Capital Ltd. purchased a new position in Jeld-Wen during the 3rd quarter valued at about $208,000. 48.49% of the stock is currently owned by hedge funds and other institutional investors.
In related news, Director Patrick Wright Tolbert purchased 2,860 shares of Jeld-Wen stock in a transaction dated Wednesday, February 28th. The stock was purchased at an average cost of $30.88 per share, for a total transaction of $88,316.80. Following the completion of the purchase, the director now directly owns 4,343 shares of the company’s stock, valued at approximately $134,111.84. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.
Jeld-Wen Holding Inc (NYSE JELD) opened at $31.56 on Friday. The company has a quick ratio of 1.28, a current ratio of 1.93 and a debt-to-equity ratio of 1.40. The stock has a market cap of $3,714.45, a PE ratio of 24.85, a price-to-earnings-growth ratio of 1.09 and a beta of 2.76. Jeld-Wen Holding Inc has a twelve month low of $27.61 and a twelve month high of $42.27.
Jeld-Wen (NYSE:JELD) last issued its earnings results on Wednesday, February 21st. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.15). The firm had revenue of $976.00 million during the quarter, compared to analysts’ expectations of $1 billion. Jeld-Wen had a return on equity of 18.71% and a net margin of 0.29%. The firm’s revenue was up .3% compared to the same quarter last year. sell-side analysts predict that Jeld-Wen Holding Inc will post 2.22 EPS 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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