19,733 Shares in Frontdoor, Inc. (NASDAQ:FTDR) Acquired by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. acquired a new stake in shares of Frontdoor, Inc. (NASDAQ:FTDR - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 19,733 shares of the company's stock, valued at approximately $1,079,000.

Several other large investors have also made changes to their positions in FTDR. Bessemer Group Inc. lifted its position in Frontdoor by 514.7% during the fourth quarter. Bessemer Group Inc. now owns 627 shares of the company's stock valued at $34,000 after purchasing an additional 525 shares during the period. USA Financial Formulas purchased a new position in shares of Frontdoor during the 4th quarter valued at about $60,000. TD Private Client Wealth LLC lifted its holdings in shares of Frontdoor by 12.9% in the 4th quarter. TD Private Client Wealth LLC now owns 1,597 shares of the company's stock valued at $87,000 after buying an additional 183 shares during the period. Blue Trust Inc. lifted its holdings in shares of Frontdoor by 315.3% in the 4th quarter. Blue Trust Inc. now owns 1,632 shares of the company's stock valued at $89,000 after buying an additional 1,239 shares during the period. Finally, Nkcfo LLC purchased a new stake in shares of Frontdoor in the fourth quarter worth about $96,000.

Frontdoor Trading Down 1.1%

NASDAQ FTDR traded down $0.64 on Tuesday, reaching $54.65. 33,839 shares of the company were exchanged, compared to its average volume of 736,801. Frontdoor, Inc. has a fifty-two week low of $32.95 and a fifty-two week high of $63.49. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 2.16. The business's fifty day moving average price is $42.71 and its 200 day moving average price is $51.20. The stock has a market capitalization of $4.02 billion, a P/E ratio of 18.10 and a beta of 1.21.

Frontdoor (NASDAQ:FTDR - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.64 EPS for the quarter, beating analysts' consensus estimates of $0.37 by $0.27. The firm had revenue of $426.00 million for the quarter, compared to analysts' expectations of $416.37 million. Frontdoor had a return on equity of 132.99% and a net margin of 12.87%. The firm's quarterly revenue was up 12.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.44 earnings per share. Analysts forecast that Frontdoor, Inc. will post 3.07 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. JPMorgan Chase & Co. cut Frontdoor from an "overweight" rating to a "neutral" rating and reduced their price target for the company from $58.00 to $40.00 in a research report on Tuesday, April 22nd. The Goldman Sachs Group cut their price target 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. Finally, Truist Financial increased their target price on Frontdoor from $58.00 to $67.00 and gave the company a "buy" rating in a report on Friday, February 14th.

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.