Barclays PLC Decreases Holdings in Frontdoor, Inc. (NASDAQ:FTDR)

Barclays PLC cut its stake in shares of Frontdoor, Inc. (NASDAQ:FTDRFree Report) by 7.1% in the 3rd quarter, HoldingsChannel reports. The firm owned 112,841 shares of the company’s stock after selling 8,563 shares during the period. Barclays PLC’s holdings in Frontdoor were worth $3,451,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of FTDR. Raymond James & Associates lifted its position in Frontdoor by 25.1% during the first quarter. Raymond James & Associates now owns 9,646 shares of the company’s stock valued at $288,000 after purchasing an additional 1,933 shares during the last quarter. US Bancorp DE lifted its position in Frontdoor by 11.0% during the first quarter. US Bancorp DE now owns 20,310 shares of the company’s stock valued at $606,000 after purchasing an additional 2,017 shares during the last quarter. Citigroup Inc. lifted its position in Frontdoor by 42.5% during the first quarter. Citigroup Inc. now owns 13,991 shares of the company’s stock valued at $418,000 after purchasing an additional 4,172 shares during the last quarter. MetLife Investment Management LLC bought a new stake in Frontdoor during the first quarter valued at approximately $128,000. Finally, BlackRock Inc. lifted its holdings in shares of Frontdoor by 7.1% in the 1st quarter. BlackRock Inc. now owns 3,755,323 shares of the company’s stock worth $112,096,000 after acquiring an additional 249,371 shares during the last quarter.

Frontdoor Trading Up 1.8 %

Shares of FTDR opened at $33.05 on Monday. The firm has a market cap of $2.63 billion, a price-to-earnings ratio of 15.66 and a beta of 0.91. The company has a debt-to-equity ratio of 3.39, a quick ratio of 1.18 and a current ratio of 1.18. Frontdoor, Inc. has a fifty-two week low of $24.98 and a fifty-two week high of $38.97. The firm has a 50 day moving average price of $34.14 and a 200-day moving average price of $33.15.

About Frontdoor

(Free Report)

Frontdoor, Inc provides home service plans in the United States. The company's home service plans cover 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

Want to see what other hedge funds are holding FTDR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Frontdoor, Inc. (NASDAQ:FTDRFree Report).

Institutional Ownership by Quarter for Frontdoor (NASDAQ:FTDR)

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