Frontdoor, Inc. (NASDAQ:FTDR) Shares Acquired by Blue Trust Inc.

Blue Trust Inc. boosted its holdings in Frontdoor, Inc. (NASDAQ:FTDR) by 332.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,701 shares of the company’s stock after purchasing an additional 1,308 shares during the quarter. Blue Trust Inc.’s holdings in Frontdoor were worth $93,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Diversified Trust Co raised its holdings in shares of Frontdoor by 2.5% in the third quarter. Diversified Trust Co now owns 12,130 shares of the company’s stock valued at $582,000 after buying an additional 299 shares during the last quarter. CWM LLC grew its holdings in shares of Frontdoor by 15.8% during the third quarter. CWM LLC now owns 2,695 shares of the company’s stock worth $129,000 after buying an additional 367 shares during the last quarter. GAMMA Investing LLC increased its position in Frontdoor by 26.0% in the 4th quarter. GAMMA Investing LLC now owns 2,100 shares of the company’s stock valued at $115,000 after acquiring an additional 433 shares during the period. Exchange Traded Concepts LLC purchased a new stake in Frontdoor during the 3rd quarter valued at approximately $27,000. Finally, V Square Quantitative Management LLC acquired a new stake in Frontdoor during the 3rd quarter worth approximately $31,000.

Analyst Ratings Changes

FTDR has been the topic of a number of recent research reports. The Goldman Sachs Group boosted their target price on Frontdoor from $41.00 to $46.00 and gave the company a “sell” rating in a report on Tuesday, November 5th. Truist Financial boosted their price objective on shares of Frontdoor from $56.00 to $58.00 and gave the company a “buy” rating in a research note on Tuesday, November 5th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $49.50.

Frontdoor Stock Performance

NASDAQ FTDR opened at $58.92 on Friday. 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 50 day moving average is $57.63 and its two-hundred day moving average is $51.96. The stock has a market capitalization of $4.47 billion, a price-to-earnings ratio of 19.51 and a beta of 1.08. Frontdoor, Inc. has a 12-month low of $29.41 and a 12-month high of $63.49.

Insiders Place Their Bets

In related news, COO Evan Iverson sold 16,000 shares of the business’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $58.84, for a total transaction of $941,440.00. Following the sale, the chief operating officer now owns 4,955 shares of the company’s stock, valued at approximately $291,552.20. The trade was a 76.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Kathryn M. Collins sold 25,784 shares of the company’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $58.06, for a total transaction of $1,497,019.04. Following the transaction, the senior vice president now owns 9,429 shares in the company, valued at $547,447.74. The trade was a 73.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.29% of the stock is currently owned by company insiders.

Frontdoor Company Profile

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.