Schwab Charles Investment Management Inc. Purchases 61,268 Shares of Jeld-Wen Holding Inc (JELD)

Schwab Charles Investment Management Inc. raised its stake in Jeld-Wen Holding Inc (NYSE:JELD) by 45.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 196,361 shares of the company’s stock after acquiring an additional 61,268 shares during the period. Schwab Charles Investment Management Inc. owned approximately 0.19% of Jeld-Wen worth $6,975,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Macquarie Group Ltd. raised its holdings in Jeld-Wen by 0.8% in the 2nd quarter. Macquarie Group Ltd. now owns 22,940 shares of the company’s stock valued at $745,000 after acquiring an additional 174 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in Jeld-Wen by 24.5% in the 3rd quarter. Russell Investments Group Ltd. now owns 10,741 shares of the company’s stock valued at $382,000 after acquiring an additional 2,114 shares in the last quarter. Quantbot Technologies LP acquired a new position in Jeld-Wen in the 3rd quarter valued at $110,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in Jeld-Wen in the 2nd quarter valued at $105,000. Finally, CNA Financial Corp raised its holdings in Jeld-Wen by 9.5% in the 3rd quarter. CNA Financial Corp now owns 41,249 shares of the company’s stock valued at $1,465,000 after acquiring an additional 3,593 shares in the last quarter. 41.02% of the stock is owned by hedge funds and other institutional investors.

Several equities analysts have weighed in on JELD shares. Zacks Investment Research raised Jeld-Wen from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a report on Monday, October 23rd. SunTrust Banks reissued a “hold” rating on shares of Jeld-Wen in a report on Tuesday, September 12th. B. Riley boosted their price target on Jeld-Wen from $33.00 to $38.00 and gave the stock a “neutral” rating in a report on Wednesday, November 15th. Barclays boosted their price target on Jeld-Wen from $37.00 to $39.00 and gave the stock an “overweight” rating in a report on Wednesday, November 8th. Finally, Robert W. Baird reissued an “outperform” rating and set a $40.00 price target (up previously from $38.00) on shares of Jeld-Wen in a report on Monday, October 2nd. Six research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Jeld-Wen currently has a consensus rating of “Buy” and a consensus price target of $37.27.

In related news, SVP John R. Linker sold 7,235 shares of the business’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $32.74, for a total transaction of $236,873.90. Following the sale, the senior vice president now owns 14,453 shares in the company, valued at approximately $473,191.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Corp Onex sold 12,465,047 shares of the business’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $32.74, for a total value of $408,105,638.78. The disclosure for this sale can be found here. Insiders have sold a total of 47,672,683 shares of company stock worth $1,560,803,641 in the last 90 days.

Jeld-Wen Holding Inc (NYSE JELD) opened at $41.67 on Friday. The company has a current ratio of 1.93, a quick ratio of 1.28 and a debt-to-equity ratio of 1.40. Jeld-Wen Holding Inc has a fifty-two week low of $24.95 and a fifty-two week high of $42.27. The company has a market capitalization of $4,380.00 and a price-to-earnings ratio of -18.86.

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

TRADEMARK VIOLATION WARNING: “Schwab Charles Investment Management Inc. Purchases 61,268 Shares of Jeld-Wen Holding Inc (JELD)” was first posted by Ticker Report and is owned by of Ticker Report. If you are reading this piece on another domain, it was stolen and reposted in violation of U.S. and international trademark and copyright law. The original version of this piece can be read at https://www.tickerreport.com/banking-finance/3128166/schwab-charles-investment-management-inc-purchases-61268-shares-of-jeld-wen-holding-inc-jeld.html.

Jeld-Wen 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.

Want to see what other hedge funds are holding JELD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Jeld-Wen Holding Inc (NYSE:JELD).

Institutional Ownership by Quarter for Jeld-Wen (NYSE:JELD)

Receive News & Ratings for Jeld-Wen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jeld-Wen and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2018 Ticker Report. Google+.