2 weeks Ago By ABMN Staff
Intech Investment Management LLC purchased a new stake in Frontdoor, Inc. ( NASDAQ:FTDR – Free Report ) during the second quarter, according to its most recent filing with the SEC. The firm purchased 8,422 shares of the company’s stock, valued at approximately $285,000.
A number of other hedge funds have also modified their holdings of the company. Norges Bank acquired a new stake in Frontdoor during the 4th quarter worth approximately $18,725,000. TD Asset Management Inc raised its holdings in shares of Frontdoor by 46.
7% during the fourth quarter. TD Asset Management Inc now owns 62,200 shares of the company’s stock worth $2,191,000 after acquiring an additional 19,800 shares during the period. Allianz Asset Management GmbH raised its holdings in shares of Frontdoor by 775.
6% during the fourth quarter. Allianz Asset Management GmbH now owns 270,189 shares of the company’s stock worth $9,516,000 after acquiring an additional 239,333 shares during the period. Campbell & CO Investment Adviser LLC bought a new stake in Frontdoor in the 4th quarter valued at $2,497,000.
Finally, Seven Eight Capital LP boosted its stake in Frontdoor by 47.7% in the 4th quarter. Seven Eight Capital LP now owns 47,101 shares of the company’s stock worth $1,659,000 after purchasing an additional 15,219 shares during the period.
Frontdoor Trading Up 0.6 % Frontdoor stock opened at $48.62 on Friday.
The firm has a 50-day moving average of $45.71 and a 200-day moving average of $37.87.
Frontdoor, Inc. has a one year low of $28.25 and a one year high of $49.
43. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.
27 and a quick ratio of 1.27. The company has a market cap of $3.
78 billion, a price-to-earnings ratio of 21.32 and a beta of 1.04.
Analyst Upgrades and Downgrades A number of equities analysts recently weighed in on FTDR shares. Truist Financial upped their target price on shares of Frontdoor from $45.00 to $56.
00 and gave the stock a “buy” rating in a research note on Friday, August 2nd. JPMorgan Chase & Co. upped their target price on shares of Frontdoor from $45.
00 to $55.00 and gave the stock an “overweight” rating in a research note on Monday, August 12th. William Blair raised shares of Frontdoor from a “market perform” rating to an “outperform” rating in a research note on Friday, August 2nd.
Finally, The Goldman Sachs Group upped their target price on shares of Frontdoor from $33.00 to $41.00 and gave the stock a “sell” rating in a research note on Friday, August 2nd.
One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $47.
75. Check Out Our Latest Analysis on FTDR 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. See Also Want to see what other hedge funds are holding FTDR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Frontdoor, Inc.
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