15,000 Shares in JELD-WEN Holding, Inc. (NYSE:JELD) Bought by Leavell Investment Management Inc.

Leavell Investment Management Inc. purchased a new position in shares of JELD-WEN Holding, Inc. (NYSE:JELD) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 15,000 shares of the company’s stock, valued at approximately $123,000.

Other institutional investors have also bought and sold shares of the company. Blue Trust Inc. grew its holdings in JELD-WEN by 79.8% during the third quarter. Blue Trust Inc. now owns 2,893 shares of the company’s stock worth $46,000 after buying an additional 1,284 shares in the last quarter. MQS Management LLC bought a new stake in JELD-WEN during the third quarter worth $160,000. K2 Principal Fund L.P. bought a new stake in JELD-WEN during the third quarter worth $278,000. Intech Investment Management LLC bought a new stake in JELD-WEN during the third quarter worth $293,000. Finally, SG Americas Securities LLC purchased a new position in JELD-WEN in the third quarter worth $331,000. Institutional investors own 95.04% of the company’s stock.

Insider Activity at JELD-WEN

In related news, major shareholder Turtle Creek Asset Management bought 125,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 7th. The stock was bought at an average cost of $7.90 per share, for a total transaction of $987,500.00. Following the acquisition, the insider now directly owns 12,042,190 shares of the company’s stock, valued at $95,133,301. The trade was a 1.05 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders purchased 310,000 shares of company stock worth $2,463,500 in the last ninety days. 1.03% of the stock is owned by company insiders.

JELD-WEN Price Performance

Shares of NYSE JELD opened at $8.81 on Friday. The company has a quick ratio of 1.33, a current ratio of 2.03 and a debt-to-equity ratio of 1.64. The firm has a market capitalization of $745.08 million, a P/E ratio of -4.81 and a beta of 2.17. The stock’s 50-day simple moving average is $8.95 and its two-hundred day simple moving average is $12.07. JELD-WEN Holding, Inc. has a twelve month low of $7.43 and a twelve month high of $21.75.

Analyst Upgrades and Downgrades

JELD has been the topic of several research analyst reports. B. Riley cut their price objective on JELD-WEN from $17.00 to $14.00 and set a “neutral” rating on the stock in a research report on Thursday, November 7th. Royal Bank of Canada cut their price objective on JELD-WEN from $9.00 to $8.00 and set an “underperform” rating on the stock in a research report on Wednesday, December 18th. The Goldman Sachs Group cut their price objective on JELD-WEN from $10.00 to $9.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 14th. UBS Group reaffirmed a “neutral” rating and set a $9.00 price target (down previously from $15.00) on shares of JELD-WEN in a research report on Wednesday, January 8th. Finally, Barclays dropped their price target on JELD-WEN from $13.00 to $10.00 and set an “equal weight” rating on the stock in a research report on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating and eight have given a hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $12.75.

JELD-WEN Company Profile

JELD-WEN Holding, Inc designs, manufactures, and sells wood, metal, and composite materials doors, windows, and related building products in North America and Europe. The company offers a line of residential interior and exterior door products, including patio doors, and folding or sliding wall systems; non-residential doors; stile and rail doors; and wood, vinyl, and wood composite windows.