16,002 Shares in Frontdoor, Inc. (NASDAQ:FTDR) Purchased by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. bought a new position in shares of Frontdoor, Inc. (NASDAQ:FTDR - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 16,002 shares of the company's stock, valued at approximately $875,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Verition Fund Management LLC lifted its position in shares of Frontdoor by 255.5% during the third quarter. Verition Fund Management LLC now owns 21,757 shares of the company's stock worth $1,044,000 after acquiring an additional 15,637 shares in the last quarter. Centiva Capital LP boosted its position in shares of Frontdoor by 100.3% during the 3rd quarter. Centiva Capital LP now owns 15,914 shares of the company's stock valued at $764,000 after acquiring an additional 7,968 shares during the last quarter. Janus Henderson Group PLC grew its holdings in shares of Frontdoor by 43.1% during the third quarter. Janus Henderson Group PLC now owns 90,542 shares of the company's stock worth $4,347,000 after purchasing an additional 27,280 shares in the last quarter. Point72 DIFC Ltd increased its position in shares of Frontdoor by 126.6% in the third quarter. Point72 DIFC Ltd now owns 6,917 shares of the company's stock worth $332,000 after purchasing an additional 3,864 shares during the last quarter. Finally, Orion Portfolio Solutions LLC bought a new position in shares of Frontdoor in the third quarter worth approximately $247,000.

Wall Street Analysts Forecast Growth

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

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Frontdoor Trading Up 0.8 %

Shares of FTDR stock traded up $0.32 during mid-day trading on Friday, reaching $39.92. The stock had a trading volume of 797,538 shares, compared to its average volume of 729,570. 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 firm has a market capitalization of $2.98 billion, a PE ratio of 13.22 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 stock's 50-day moving average price is $45.36 and its two-hundred day moving average price is $51.68.

Frontdoor 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.