NASDAQ:FTDR - Free Report ) by 1,152.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,017,473 shares of the company's stock after purchasing an additional 936,209 shares during the quarter. Victory Capital Management Inc. owned 1.28% of Frontdoor worth $35,835,000 at the end of the most recent reporting period.
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A number of other large investors have also modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Frontdoor by 4.5% in the third quarter. Vanguard Group Inc. now owns 9,556,259 shares of the company's stock valued at $292,326,000 after purchasing an additional 413,393 shares in the last quarter. Boston Partners grew its holdings in shares of Frontdoor by 0.6% in the 3rd quarter. Boston Partners now owns 4,753,785 shares of the company's stock worth $145,400,000 after purchasing an additional 28,149 shares during the last quarter. Reinhart Partners LLC. grew its holdings in shares of Frontdoor by 11.0% in the 4th quarter. Reinhart Partners LLC. now owns 1,984,123 shares of the company's stock worth $69,881,000 after purchasing an additional 197,019 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Frontdoor by 4.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 845,636 shares of the company's stock worth $25,868,000 after purchasing an additional 34,489 shares during the last quarter. Finally, Liontrust Investment Partners LLP grew its holdings in shares of Frontdoor by 33.2% in the 3rd quarter. Liontrust Investment Partners LLP now owns 776,196 shares of the company's stock worth $23,745,000 after purchasing an additional 193,325 shares during the last quarter.
Analyst Ratings Changes Separately, Wells Fargo & Company upped their target price on shares of Frontdoor from $36.00 to $39.00 and gave the stock an "equal weight" rating in a report on Monday. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat, Frontdoor currently has a consensus rating of "Hold" and a consensus price target of $40.00.
View Our Latest Stock Analysis on Frontdoor
Frontdoor Price Performance NASDAQ:FTDR traded down $0.01 during mid-day trading on Tuesday, reaching $35.94. 857,774 shares of the company were exchanged, compared to its average volume of 755,243. Frontdoor, Inc. has a 12 month low of $28.25 and a 12 month high of $38.97. The company has a fifty day moving average of $31.32 and a 200 day moving average of $32.83. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 3.54. The stock has a market cap of $2.80 billion, a PE ratio of 15.77 and a beta of 0.89.
Frontdoor (NASDAQ:FTDR - Get Free Report ) last issued its quarterly earnings data on Wednesday, February 28th. The company reported $0.20 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.18. Frontdoor had a net margin of 10.27% and a return on equity of 132.00%. The firm had revenue of $366.00 million for the quarter, compared to analyst estimates of $360.47 million. During the same quarter in the prior year, the firm earned $0.13 EPS. The company's revenue was up 8.0% on a year-over-year basis. On average, research analysts anticipate that Frontdoor, Inc. will post 2.39 EPS for the current fiscal 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.
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