Frontdoor, Inc. (NASDAQ:FTDR) Stock Holdings Decreased by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd decreased its holdings in Frontdoor, Inc. (NASDAQ:FTDR - Free Report) by 85.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,106 shares of the company's stock after selling 46,138 shares during the quarter. Dynamic Technology Lab Private Ltd's holdings in Frontdoor were worth $443,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. USA Financial Formulas acquired a new position in Frontdoor during the fourth quarter worth $60,000. TD Private Client Wealth LLC purchased a new stake in shares of Frontdoor in the 3rd quarter worth about $68,000. Blue Trust Inc. grew its stake in Frontdoor by 315.3% in the 4th quarter. Blue Trust Inc. now owns 1,632 shares of the company's stock valued at $89,000 after acquiring an additional 1,239 shares during the last quarter. Nkcfo LLC purchased a new position in Frontdoor during the 4th quarter valued at about $96,000. Finally, GAMMA Investing LLC raised its position in 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 acquiring an additional 433 shares during the last quarter.

Analyst Ratings Changes

FTDR has been the topic of a number of recent research reports. Truist Financial upped 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 decreased their price target 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 investment analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, Frontdoor presently has a consensus rating of "Hold" and a consensus target price of $50.25.

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Frontdoor Stock Up 0.9 %

Shares of NASDAQ:FTDR traded up $0.34 during mid-day trading on Monday, hitting $40.26. 76,176 shares of the company traded hands, compared to its average volume of 727,816. The firm has a market cap of $3.00 billion, a P/E ratio of 13.33 and a beta of 1.19. Frontdoor, Inc. has a 52-week low of $29.41 and a 52-week high of $63.49. The firm's 50 day simple moving average is $45.36 and its 200 day simple moving average is $51.70. 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.