1 week Ago By ABMN Staff
JPMorgan Chase & Co. lifted its holdings in Frontdoor, Inc. ( NASDAQ:FTDR – Free Report ) by 44.
5% during the fourth quarter, Holdings Channel reports. The fund owned 306,947 shares of the company’s stock after buying an additional 94,482 shares during the quarter. JPMorgan Chase & Co.
’s holdings in Frontdoor were worth $16,781,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Inc.
purchased a new position in shares of Frontdoor during the 4th quarter valued at about $17,465,000. Skandinaviska Enskilda Banken AB publ grew its holdings in Frontdoor by 99.9% during the fourth quarter.
Skandinaviska Enskilda Banken AB publ now owns 274,800 shares of the company’s stock worth $15,045,000 after acquiring an additional 137,300 shares during the period. Castellan Group purchased a new position in Frontdoor during the third quarter valued at approximately $5,881,000. Vanguard Group Inc.
raised its position in Frontdoor by 0.8% during the fourth quarter. Vanguard Group Inc.
now owns 9,674,278 shares of the company’s stock valued at $528,893,000 after acquiring an additional 78,134 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Frontdoor by 3.7% in the third quarter.
Geode Capital Management LLC now owns 2,113,474 shares of the company’s stock valued at $101,442,000 after acquiring an additional 74,542 shares during the period. Analyst Ratings Changes FTDR has been the subject of several recent research reports. Truist Financial lifted their target price on shares of Frontdoor from $58.
00 to $67.00 and gave the company a “buy” rating in a report on Friday, February 14th. The Goldman Sachs Group cut their price objective on shares of Frontdoor from $46.
00 to $40.00 and set a “sell” rating for the company in a report on Monday, March 3rd. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock.
Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $50.25.
Frontdoor Trading Up 0.8 % Shares of FTDR stock opened at $39.92 on Friday.
Frontdoor, Inc. has a 1-year low of $29.41 and a 1-year high of $63.
49. The company has a market cap of $2.98 billion, a price-to-earnings ratio of 13.
22 and a beta of 1.19. The company has a debt-to-equity ratio of 2.
16, a current ratio of 1.42 and a quick ratio of 1.42.
The stock has a 50 day simple moving average of $45.36 and a 200-day simple moving average of $51.68.
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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