Fox Run Management L.L.C. Sells 22,314 Shares of Frontdoor, Inc. (NASDAQ:FTDR)

Fox Run Management L.L.C. reduced its position in Frontdoor, Inc. (NASDAQ:FTDR - Free Report) by 84.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,259 shares of the company's stock after selling 22,314 shares during the period. Fox Run Management L.L.C.'s holdings in Frontdoor were worth $233,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. TD Private Client Wealth LLC raised its holdings in shares of Frontdoor by 12.9% in the fourth quarter. TD Private Client Wealth LLC now owns 1,597 shares of the company's stock worth $87,000 after acquiring an additional 183 shares during the last quarter. Willis Investment Counsel raised its stake in shares of Frontdoor by 0.4% in the 4th quarter. Willis Investment Counsel now owns 46,753 shares of the company's stock valued at $2,556,000 after acquiring an additional 185 shares during the period. Parkside Financial Bank & Trust lifted its position in Frontdoor by 8.3% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,880 shares of the company's stock worth $157,000 after acquiring an additional 221 shares in the last quarter. Atria Investments Inc increased its holdings in Frontdoor by 4.9% during the 4th quarter. Atria Investments Inc now owns 6,894 shares of the company's stock worth $377,000 after purchasing an additional 325 shares during the last quarter. Finally, Pacer Advisors Inc. raised its holdings in shares of Frontdoor by 4.8% during the fourth quarter. Pacer Advisors Inc. now owns 7,854 shares of the company's stock worth $429,000 after purchasing an additional 357 shares during the period.

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Frontdoor Stock Up 0.9 %

NASDAQ FTDR traded up $0.37 during trading on Wednesday, reaching $39.67. The company's stock had a trading volume of 703,338 shares, compared to its average volume of 710,401. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 2.16. The stock has a market capitalization of $2.97 billion, a PE ratio of 13.14 and a beta of 1.18. Frontdoor, Inc. has a 1-year low of $29.41 and a 1-year high of $63.49. The business has a 50-day moving average price of $49.23 and a 200-day moving average price of $52.32.

Analyst Ratings Changes

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

Frontdoor Company Profile

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.