TIAA CREF Investment Management LLC Raises Holdings in JELD-WEN Holding, Inc. (JELD)

TIAA CREF Investment Management LLC boosted its holdings in JELD-WEN Holding, Inc. (NYSE:JELD) by 171.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 135,539 shares of the company’s stock after acquiring an additional 85,605 shares during the quarter. TIAA CREF Investment Management LLC owned about 0.13% of JELD-WEN Holding worth $4,400,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of JELD. Vanguard Group Inc. bought a new stake in JELD-WEN Holding in the first quarter worth about $72,987,000. FMR LLC acquired a new stake in JELD-WEN Holding during the 1st quarter worth about $44,031,000. Empire Life Investments Inc. acquired a new stake in JELD-WEN Holding during the 1st quarter worth about $28,099,000. Obermeyer Wood Investment Counsel Lllp acquired a new stake in JELD-WEN Holding during the 2nd quarter worth about $28,241,000. Finally, JPMorgan Chase & Co. raised its holdings in JELD-WEN Holding by 44.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,385,886 shares of the company’s stock worth $77,445,000 after buying an additional 729,101 shares during the period. Hedge funds and other institutional investors own 42.13% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This news story was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this news story on another site, it was stolen and reposted in violation of United States & international copyright & trademark law. The legal version of this news story can be viewed at https://ledgergazette.com/2017/10/20/tiaa-cref-investment-management-llc-raises-holdings-in-jeld-wen-holding-inc-jeld.html.

JELD-WEN Holding, Inc. (JELD) opened at 35.53 on Friday. JELD-WEN Holding, Inc. has a 1-year low of $24.95 and a 1-year high of $36.36. The stock has a market cap of $3.74 billion and a PE ratio of 217.98. The firm’s 50-day moving average price is $34.28 and its 200 day moving average price is $32.38.

JELD-WEN Holding (NYSE:JELD) last released its quarterly earnings results on Tuesday, August 8th. The company reported $0.51 EPS for the quarter, missing the Zacks’ consensus estimate of $0.52 by ($0.01). The business had revenue of $948.70 million for the quarter, compared to analyst estimates of $974.57 million. JELD-WEN Holding had a return on equity of 93.93% and a net margin of 9.12%. The firm’s quarterly revenue was up .2% compared to the same quarter last year. Equities research analysts expect that JELD-WEN Holding, Inc. will post $1.63 EPS for the current year.

Several analysts have issued reports on the company. Zacks Investment Research downgraded JELD-WEN Holding from a “buy” rating to a “hold” rating in a report on Thursday, August 10th. Robert W. Baird restated an “outperform” rating and set a $40.00 price objective (up previously from $38.00) on shares of JELD-WEN Holding in a report on Monday, October 2nd. ValuEngine downgraded JELD-WEN Holding from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Royal Bank Of Canada restated a “buy” rating and set a $37.00 price objective on shares of JELD-WEN Holding in a report on Tuesday, August 29th. Finally, SunTrust Banks, Inc. restated a “hold” rating on shares of JELD-WEN Holding in a report on Tuesday, September 12th. Five research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $36.86.

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A number of other institutional investors have also modified their holdings of JELD. Vanguard Group Inc. bought a new stake in JELD-WEN Holding in the first quarter worth about $72,987,000. FMR LLC acquired a new stake in JELD-WEN Holding during the 1st quarter worth about $44,031,000. Empire Life Investments Inc. acquired a new stake in JELD-WEN Holding during the 1st quarter worth about $28,099,000. Obermeyer Wood Investment Counsel Lllp acquired a new stake in JELD-WEN Holding during the 2nd quarter worth about $28,241,000. Finally, JPMorgan Chase & Co. raised its holdings in JELD-WEN Holding by 44.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,385,886 shares of the company’s stock worth $77,445,000 after buying an additional 729,101 shares during the period. Hedge funds and other institutional investors own 42.13% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This news story was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this news story on another site, it was stolen and reposted in violation of United States & international copyright & trademark law. The legal version of this news story can be viewed at https://ledgergazette.com/2017/10/20/tiaa-cref-investment-management-llc-raises-holdings-in-jeld-wen-holding-inc-jeld.html.

JELD-WEN Holding, Inc. (JELD) opened at 35.53 on Friday. JELD-WEN Holding, Inc. has a 1-year low of $24.95 and a 1-year high of $36.36. The stock has a market cap of $3.74 billion and a PE ratio of 217.98. The firm’s 50-day moving average price is $34.28 and its 200 day moving average price is $32.38.

JELD-WEN Holding (NYSE:JELD) last released its quarterly earnings results on Tuesday, August 8th. The company reported $0.51 EPS for the quarter, missing the Zacks’ consensus estimate of $0.52 by ($0.01). The business had revenue of $948.70 million for the quarter, compared to analyst estimates of $974.57 million. JELD-WEN Holding had a return on equity of 93.93% and a net margin of 9.12%. The firm’s quarterly revenue was up .2% compared to the same quarter last year. Equities research analysts expect that JELD-WEN Holding, Inc. will post $1.63 EPS for the current year.

Several analysts have issued reports on the company. Zacks Investment Research downgraded JELD-WEN Holding from a “buy” rating to a “hold” rating in a report on Thursday, August 10th. Robert W. Baird restated an “outperform” rating and set a $40.00 price objective (up previously from $38.00) on shares of JELD-WEN Holding in a report on Monday, October 2nd. ValuEngine downgraded JELD-WEN Holding from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Royal Bank Of Canada restated a “buy” rating and set a $37.00 price objective on shares of JELD-WEN Holding in a report on Tuesday, August 29th. Finally, SunTrust Banks, Inc. restated a “hold” rating on shares of JELD-WEN Holding in a report on Tuesday, September 12th. Five research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $36.86.

About JELD-WEN Holding

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.

Institutional Ownership by Quarter for JELD-WEN Holding (NYSE:JELD)

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