Vanguard Group Inc. lifted its holdings in Frontdoor, Inc. (NASDAQ:FTDR - Free Report) by 0.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,674,278 shares of the company's stock after purchasing an additional 78,134 shares during the period. Vanguard Group Inc. owned about 12.76% of Frontdoor worth $528,893,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in FTDR. USA Financial Formulas bought a new stake in Frontdoor during the fourth quarter worth approximately $60,000. TD Private Client Wealth LLC bought a new stake in shares of Frontdoor during the 3rd quarter worth $68,000. Blue Trust Inc. grew its holdings in shares of Frontdoor by 315.3% in the 4th quarter. Blue Trust Inc. now owns 1,632 shares of the company's stock worth $89,000 after acquiring an additional 1,239 shares during the last quarter. Nkcfo LLC acquired a new position in shares of Frontdoor in the 4th quarter worth $96,000. Finally, GAMMA Investing LLC raised its position 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 purchasing an additional 433 shares during the period.
Frontdoor Stock Up 1.2 %
NASDAQ:FTDR traded up $0.46 on Friday, hitting $37.96. 1,576,026 shares of the company's stock traded hands, compared to its average volume of 713,294. The firm has a 50-day moving average price of $48.41 and a 200-day moving average price of $52.16. 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 company has a market cap of $2.83 billion, a PE ratio of 12.57 and a beta of 1.19. Frontdoor, Inc. has a 1 year low of $29.41 and a 1 year high of $63.49.
Analyst Ratings Changes
A number of equities analysts recently weighed in on FTDR shares. The Goldman Sachs Group decreased their price target on Frontdoor from $46.00 to $40.00 and set a "sell" rating for the company in a research report on Monday, March 3rd. Truist Financial lifted their target price on shares of Frontdoor from $58.00 to $67.00 and gave the stock a "buy" rating in a research report on Friday, February 14th. One investment 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 an average rating of "Hold" and an average target price of $50.25.
Check Out Our Latest Report on Frontdoor
Frontdoor Profile
(
Free Report)
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.
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