2 weeks Ago By Defense World Staff
Bokf Na acquired a new position in Frontdoor, Inc. ( NASDAQ:FTDR – Free Report ) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 14,601 shares of the company’s stock, valued at approximately $493,000.
Several other institutional investors also recently modified their holdings of FTDR. Nordea Investment Management AB lifted its position in Frontdoor by 25.2% in the first quarter.
Nordea Investment Management AB now owns 295,885 shares of the company’s stock worth $9,631,000 after purchasing an additional 59,572 shares during the period. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of Frontdoor during the 4th quarter valued at about $2,546,000. Allianz Asset Management GmbH increased its stake in Frontdoor by 775.
6% in the fourth quarter. Allianz Asset Management GmbH now owns 270,189 shares of the company’s stock valued at $9,516,000 after acquiring an additional 239,333 shares during the period. Norges Bank acquired a new position in Frontdoor in the fourth quarter worth about $18,725,000.
Finally, Goldman Sachs Group Inc. lifted its stake in Frontdoor by 44.4% during the fourth quarter.
Goldman Sachs Group Inc. now owns 870,440 shares of the company’s stock worth $30,657,000 after purchasing an additional 267,762 shares during the period. Frontdoor Price Performance Shares of FTDR stock opened at $48.
39 on Tuesday. The stock’s fifty day moving average is $43.13 and its 200-day moving average is $36.
70. The company has a debt-to-equity ratio of 2.66, a quick ratio of 1.
27 and a current ratio of 1.27. Frontdoor, Inc.
has a 52 week low of $28.25 and a 52 week high of $49.21.
The stock has a market capitalization of $3.76 billion, a PE ratio of 21.22 and a beta of 1.
04. Wall Street Analysts Forecast Growth FTDR has been the topic of several analyst reports. The Goldman Sachs Group upped their price objective on Frontdoor from $33.
00 to $41.00 and gave the company a “sell” rating in a research note on Friday, August 2nd. William Blair upgraded Frontdoor from a “market perform” rating to an “outperform” rating in a research note on Friday, August 2nd.
JPMorgan Chase & Co. boosted their target price on shares of Frontdoor from $45.00 to $55.
00 and gave the company an “overweight” rating in a research note on Monday, August 12th. Finally, Truist Financial increased their target price on shares of Frontdoor from $45.00 to $56.
00 and gave the stock a “buy” rating in a research report on Friday, August 2nd. One analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Frontdoor presently has an average rating of “Hold” and a consensus target price of $47.
75. Read Our Latest Analysis on FTDR About Frontdoor ( 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. Read More Five stocks we like better than Frontdoor What Investors Need to Know About Upcoming IPOs Palo Alto Analysts Drive it to New Highs: 50% Upside Is Possible What Are Dividend Challengers? Roblox’s Growth Beyond Kids: Stock Set for Major Moves How to Invest in Blue Chip Stocks 5 Oversold Stocks to Buy Right Now Receive News & Ratings for Frontdoor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Frontdoor and related companies with MarketBeat.com's FREE daily email newsletter .
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