Frontdoor, Inc. (NASDAQ:FTDR) Shares Sold by Boston Partners

Boston Partners decreased its position in shares of Frontdoor, Inc. (NASDAQ:FTDR - Free Report) by 4.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,911,538 shares of the company's stock after selling 272,358 shares during the quarter. Boston Partners owned approximately 7.80% of Frontdoor worth $323,929,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. USA Financial Formulas purchased a new position in shares of Frontdoor during the fourth quarter worth about $60,000. TD Private Client Wealth LLC purchased a new position in shares of Frontdoor during the third quarter worth about $68,000. Blue Trust Inc. grew its holdings in shares of Frontdoor by 315.3% during the fourth quarter. Blue Trust Inc. now owns 1,632 shares of the company's stock worth $89,000 after buying an additional 1,239 shares during the last quarter. Nkcfo LLC purchased a new position in shares of Frontdoor during the fourth quarter worth about $96,000. Finally, GAMMA Investing LLC grew its holdings in shares of Frontdoor by 26.0% during the fourth quarter. GAMMA Investing LLC now owns 2,100 shares of the company's stock worth $115,000 after buying an additional 433 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. The Goldman Sachs Group lowered their price target on Frontdoor from $46.00 to $40.00 and set a "sell" rating on the stock in a report on Monday, March 3rd. Truist Financial raised their price target on Frontdoor from $58.00 to $67.00 and gave the stock a "buy" rating in a report on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $50.25.

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Frontdoor Stock Performance

FTDR traded up $0.29 during trading on Friday, reaching $38.09. The company's stock had a trading volume of 1,298,535 shares, compared to its average volume of 687,588. Frontdoor, Inc. has a 52-week low of $29.41 and a 52-week high of $63.49. The company's fifty day moving average price is $52.25 and its 200-day moving average price is $52.79. The company has a market capitalization of $2.85 billion, a price-to-earnings ratio of 12.61 and a beta of 1.18. The company has a debt-to-equity ratio of 2.16, a quick ratio of 1.42 and a current ratio of 1.42.

About Frontdoor

Frontdoor, Inc provides home warranties in the United States in the United States. Its customizable home warranties help customers protect and maintain their homes from costly and unplanned breakdowns of essential home systems and appliances. The company's home warranty customers subscribe to an annual service plan agreement that covers the repair or replacement of principal components of approximately 20 home systems and appliances, including electrical, plumbing, water heaters, refrigerators, dishwashers, and ranges/ovens/cooktops, as well as electronics, pools, and spas and pumps; and heating, ventilation, and air conditioning systems.