Epoch Investment Partners Inc. Boosts Position in JELD-WEN Holding, Inc. (JELD)

Epoch Investment Partners Inc. lifted its position in JELD-WEN Holding, Inc. (NYSE:JELD) by 17.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,015,705 shares of the company’s stock after buying an additional 151,237 shares during the period. Epoch Investment Partners Inc. owned about 0.96% of JELD-WEN worth $36,078,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of JELD. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in shares of JELD-WEN in the second quarter worth approximately $105,000. Quantbot Technologies LP bought a new position in shares of JELD-WEN in the third quarter worth approximately $110,000. Legal & General Group Plc bought a new position in shares of JELD-WEN in the first quarter worth approximately $130,000. Oppenheimer Asset Management Inc. bought a new position in shares of JELD-WEN in the second quarter worth approximately $135,000. Finally, Breton Hill Capital Ltd. bought a new position in shares of JELD-WEN in the third quarter worth approximately $208,000. Hedge funds and other institutional investors own 41.03% of the company’s stock.

In other JELD-WEN news, major shareholder Corp Onex sold 20,832,636 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $32.74, for a total transaction of $682,060,502.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman Kirk S. Hachigian sold 156,029 shares of the company’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $32.74, for a total transaction of $5,108,389.46. Following the sale, the chairman now directly owns 413,930 shares of the company’s stock, valued at $13,552,068.20. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 47,672,683 shares of company stock valued at $1,560,803,641.

Several research analysts have recently issued reports on the stock. Robert W. Baird reiterated an “outperform” rating and issued a $40.00 target price (up previously from $38.00) on shares of JELD-WEN in a research note on Monday, October 2nd. ValuEngine cut shares of JELD-WEN from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. J P Morgan Chase & Co raised shares of JELD-WEN from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $34.00 to $38.00 in a report on Wednesday, September 6th. Barclays boosted their price objective on shares of JELD-WEN from $37.00 to $39.00 and gave the company an “overweight” rating in a report on Wednesday, November 8th. Finally, Zacks Investment Research cut shares of JELD-WEN from a “buy” rating to a “hold” rating in a report on Wednesday, November 8th. Six research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. JELD-WEN has a consensus rating of “Buy” and a consensus price target of $37.27.

JELD-WEN Holding, Inc. (NYSE JELD) traded down $0.05 on Wednesday, hitting $38.14. 323,400 shares of the stock traded hands, compared to its average volume of 715,447. JELD-WEN Holding, Inc. has a 1 year low of $24.95 and a 1 year high of $40.25. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.93 and a quick ratio of 1.28.

JELD-WEN (NYSE:JELD) last announced its earnings results on Tuesday, November 7th. The company reported $0.55 EPS for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.03. JELD-WEN had a net margin of 9.12% and a return on equity of 58.83%. The business 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 predict that JELD-WEN Holding, Inc. will post 1.59 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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Institutional Ownership by Quarter for JELD-WEN (NYSE:JELD)

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