Robeco Institutional Asset Management B.V. Has $3.56 Million Stake in Frontdoor Inc. (NASDAQ:FTDR)

Robeco Institutional Asset Management B.V. increased its position in shares of Frontdoor Inc. (NASDAQ:FTDR - Free Report) by 21.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 92,581 shares of the company's stock after acquiring an additional 16,349 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.12% of Frontdoor worth $3,557,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Archford Capital Strategies LLC acquired a new position in shares of Frontdoor in the 1st quarter worth approximately $715,000. Oppenheimer Asset Management Inc. increased its holdings in shares of Frontdoor by 48.7% in the first quarter. Oppenheimer Asset Management Inc. now owns 24,317 shares of the company's stock valued at $934,000 after buying an additional 7,967 shares in the last quarter. Blue Trust Inc. lifted its position in shares of Frontdoor by 70.3% during the 1st quarter. Blue Trust Inc. now owns 2,780 shares of the company's stock valued at $107,000 after acquiring an additional 1,148 shares during the last quarter. RHS Financial LLC acquired a new stake in shares of Frontdoor during the 1st quarter valued at $211,000. Finally, Pullen Investment Management LLC boosted its stake in shares of Frontdoor by 34.5% during the 1st quarter. Pullen Investment Management LLC now owns 15,949 shares of the company's stock worth $613,000 after acquiring an additional 4,093 shares in the last quarter.

Frontdoor Trading Up 2.5%

Shares of FTDR traded up $1.49 during midday trading on Friday, hitting $59.89. The stock had a trading volume of 424,281 shares, compared to its average volume of 722,828. The business has a 50-day simple moving average of $54.98 and a two-hundred day simple moving average of $51.16. The firm has a market cap of $4.41 billion, a P/E ratio of 19.38 and a beta of 1.28. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 5.88. Frontdoor Inc. has a fifty-two week low of $32.95 and a fifty-two week high of $63.49.

Frontdoor (NASDAQ:FTDR - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.27. The company had revenue of $426.00 million for the quarter, compared to analysts' expectations of $416.37 million. Frontdoor had a return on equity of 121.05% and a net margin of 12.59%. The business's revenue for the quarter was up 12.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.44 EPS. As a group, equities analysts forecast that Frontdoor Inc. will post 3.07 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. boosted their target price on Frontdoor from $50.00 to $55.00 and gave the stock a "neutral" rating in a research report on Tuesday, June 3rd.

About Frontdoor

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.