Free Trial

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Raises Stock Position in Frontdoor, Inc. (NASDAQ:FTDR)

Frontdoor logo with Construction background

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Frontdoor, Inc. (NASDAQ:FTDR - Free Report) by 23.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 224,392 shares of the company's stock after purchasing an additional 42,150 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.30% of Frontdoor worth $12,268,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of FTDR. TD Private Client Wealth LLC lifted its holdings in shares of Frontdoor by 12.9% during the fourth quarter. TD Private Client Wealth LLC now owns 1,597 shares of the company's stock valued at $87,000 after purchasing an additional 183 shares in the last quarter. Quantinno Capital Management LP raised its position in Frontdoor by 0.8% in the 4th quarter. Quantinno Capital Management LP now owns 24,212 shares of the company's stock worth $1,324,000 after buying an additional 183 shares during the last quarter. Willis Investment Counsel lifted its stake in Frontdoor by 0.4% during the 4th quarter. Willis Investment Counsel now owns 46,753 shares of the company's stock valued at $2,556,000 after acquiring an additional 185 shares during the period. Parkside Financial Bank & Trust boosted its holdings in shares of Frontdoor by 8.3% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,880 shares of the company's stock valued at $157,000 after acquiring an additional 221 shares during the last quarter. Finally, Mariner LLC boosted its holdings in shares of Frontdoor by 4.0% during the 4th quarter. Mariner LLC now owns 7,311 shares of the company's stock valued at $400,000 after acquiring an additional 284 shares during the last quarter.

Wall Street Analysts Forecast Growth

FTDR has been the subject of several research reports. JPMorgan Chase & Co. increased their price objective on shares of Frontdoor from $50.00 to $55.00 and gave the company a "neutral" rating in a research report on Tuesday. The Goldman Sachs Group decreased their target price on shares of Frontdoor from $46.00 to $40.00 and set a "sell" rating for the company in a research note on Monday, March 3rd. Finally, Truist Financial raised their price target on Frontdoor from $58.00 to $67.00 and gave the stock a "buy" rating in a research note on Friday, February 14th.

Check Out Our Latest Stock Report on FTDR

Frontdoor Stock Performance

Shares of NASDAQ:FTDR traded up $0.34 during trading on Tuesday, hitting $56.84. The company's stock had a trading volume of 562,978 shares, compared to its average volume of 739,964. 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 firm has a market cap of $4.18 billion, a price-to-earnings ratio of 18.82 and a beta of 1.21. The company has a 50-day moving average of $46.39 and a 200-day moving average of $51.12. Frontdoor, Inc. has a 12 month low of $32.95 and a 12 month high of $63.49.

Frontdoor (NASDAQ:FTDR - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.27. Frontdoor had a net margin of 12.87% and a return on equity of 132.99%. The business had revenue of $426.00 million for the quarter, compared to the consensus estimate of $416.37 million. During the same period last year, the firm earned $0.44 earnings per share. The company's quarterly revenue was up 12.7% on a year-over-year basis. On average, sell-side analysts expect that Frontdoor, Inc. will post 3.07 earnings per share for the current year.

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.

Further Reading

Institutional Ownership by Quarter for Frontdoor (NASDAQ:FTDR)

Should You Invest $1,000 in Frontdoor Right Now?

Before you consider Frontdoor, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Frontdoor wasn't on the list.

While Frontdoor currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Top 3 Defense Stocks to Profit From $175 Billion Golden Dome
Top 5 Stocks for June: AI Picks That Aren’t NVIDIA
This Unique Robotaxi Play Could Deliver 10X Returns

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines