Voya Investment Management LLC Purchases New Holdings in JELD-WEN Holding, Inc. (JELD)
Voya Investment Management LLC purchased a new stake in JELD-WEN Holding, Inc. (NYSE:JELD) during the second quarter, according to its most recent filing with the SEC. The fund purchased 11,533 shares of the company’s stock, valued at approximately $374,000.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in JELD-WEN Holding in the 2nd quarter valued at $105,000. Legal & General Group Plc bought a new stake in JELD-WEN Holding in the 1st quarter valued at $130,000. Oppenheimer Asset Management Inc. bought a new stake in JELD-WEN Holding in the 2nd quarter valued at $135,000. PNC Financial Services Group Inc. bought a new stake in JELD-WEN Holding in the 1st quarter valued at $138,000. Finally, Great West Life Assurance Co. Can bought a new stake in JELD-WEN Holding in the 2nd quarter valued at $236,000. Institutional investors own 42.16% of the company’s stock.
A number of brokerages have issued reports on JELD. Gabelli began coverage on shares of JELD-WEN Holding in a report on Wednesday, July 26th. They issued a “buy” rating and a $42.00 price target on the stock. Robert W. Baird restated an “outperform” rating and issued a $40.00 target price (up from $38.00) on shares of JELD-WEN Holding in a report on Monday, October 2nd. J P Morgan Chase & Co upgraded shares of JELD-WEN Holding from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $34.00 to $38.00 in a report on Wednesday, September 6th. ValuEngine downgraded shares of JELD-WEN Holding from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Finally, Barclays PLC boosted their target price on shares of JELD-WEN Holding from $37.00 to $39.00 and gave the stock an “overweight” rating in a report on Wednesday. Five equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $37.21.
Shares of JELD-WEN Holding, Inc. (NYSE JELD) opened at $35.89 on Friday. JELD-WEN Holding, Inc. has a fifty-two week low of $24.95 and a fifty-two week high of $37.32. The company has a current ratio of 1.93, a quick ratio of 1.33 and a debt-to-equity ratio of 1.40.
JELD-WEN Holding (NYSE:JELD) last released its quarterly earnings results on Tuesday, November 7th. The company reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.03. JELD-WEN Holding had a net margin of 9.12% and a return on equity of 58.83%. The firm had revenue of $991.40 million during the quarter, compared to analysts’ expectations of $974.98 million. The firm’s quarterly revenue was up 6.3% on a year-over-year basis. research analysts expect that JELD-WEN Holding, Inc. will post 1.57 EPS for the current year.
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JELD-WEN Holding 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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