California Teachers Retirement System sold 4,686 shares of JELD-WEN Holding, Inc. stock. (NYSE:JELD)

California State Teachers Retirement System reduced its holdings in shares of JELD-WEN Holding, Inc. (NYSE:JELD – Free Report) by 5.2% during the first quarter, Holdings Channel.com reports. The firm owned 85,203 shares of the company’s stock after selling 4,686 shares during the quarter. California State Teachers Retirement System’s holdings in JELD-WEN were worth $1,809,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the company. SummerHaven Investment Management LLC raised its stake in JELD-WEN by 1.5% during the 4th quarter. SummerHaven Investment Management LLC now owns 40,531 shares of the company’s stock worth $765,000 after buying an additional 591 shares during the period. of shares in the last quarter. Diversified Trust Co boosted its holdings in shares of JELD-WEN by 4.2% in the first quarter. Diversified Trust Co now owns 24,301 shares of the company’s stock valued at $516,000 after buying an additional 981 shares in the last quarter. ProShare Advisors LLC boosted its holdings in shares of JELD-WEN by 8.5% in the first quarter. ProShare Advisors LLC now owns 15,305 shares of the company’s stock valued at $325,000 after buying an additional 1,205 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in JELD-WEN by 790.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 2,165 shares of the company’s stock valued at $46,000 after buying an additional 1,922 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd purchased a new stake in JELD-WEN during the 4th quarter valued at $47,000. 95.04% of shares are held by institutional investors.

Analyst upgrades and downgrades

Several brokerages have issued reports on JELD. Royal Bank of Canada reaffirmed an “underperform” rating and set a $13.00 target price on shares of JELD-WEN in a report on Wednesday. StockNews.com downgraded JELD-WEN from a “buy” rating to a “hold” rating in a report on Wednesday, May 8th. Barclays decreased their price objective on JELD-WEN from $15.00 to $13.00 and set an “equal weight” rating on the stock in a research report on Friday, July 12th. UBS Group reduced their price objective on JELD-WEN from $22.00 to $19.00 and set a “buy” rating on the stock in a research report on Wednesday, May 8th. Finally, Goldman Sachs Group reduced their price objective on JELD-WEN from $19.00 to $14.00 and set a “neutral” rating on the stock in a research report on Wednesday, 10 July. One analyst has rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, JELD-WEN presently has an average rating of “Hold” and an average target price of $16.80.

Read our latest JELD-WEN review

JELD-WEN stock performance

NYSE:JELD opened at $14.16 on Friday. The stock’s 50-day simple moving average is $14.46 and its 200-day simple moving average is $17.03. The firm has a market cap of $1.22 billion, a PE ratio of 61.57 and a beta of 2.28. The company has a quick ratio of 1.39, a current ratio of 2.08, and a debt-to-equity ratio of 1.46. JELD-WEN Holding, Inc. has a 12-month low of $11.02 and a 12-month high of $21.75.

JELD-WEN (NYSE:JELD – Get Your Free Report ) last announced its quarterly earnings results on Monday, August 5th. The company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.11. JELD-WEN had a return on equity of 15.78% and a net margin of 0.47%. The company had revenue of $986.00 million for the quarter, compared to analyst estimates of $1 billion. In the same period last year, the company posted earnings of $0.44 per share. The company’s revenue for the quarter was down 12.4% year over year. On average, analysts anticipate that JELD-WEN Holding, Inc. will post 1.19 EPS for the current fiscal year.

JELD-WEN Company Profile

(Free report)

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

Further reading

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