Natixis Advisors LLC Purchases 1,452 Shares of Frontdoor, Inc. (NASDAQ:FTDR)

Natixis Advisors LLC raised its position in shares of Frontdoor, Inc. (NASDAQ:FTDR) by 8.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 18,665 shares of the company’s stock after buying an additional 1,452 shares during the quarter. Natixis Advisors LLC’s holdings in Frontdoor were worth $1,020,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of FTDR. Willis Investment Counsel boosted its position in shares of 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 purchasing an additional 185 shares in the last quarter. Parkside Financial Bank & Trust lifted its stake in Frontdoor by 8.3% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,880 shares of the company’s stock valued at $157,000 after buying an additional 221 shares during the period. Atria Investments Inc lifted its stake in Frontdoor by 4.9% in the fourth quarter. Atria Investments Inc now owns 6,894 shares of the company’s stock valued at $377,000 after buying an additional 325 shares during the period. Pacer Advisors Inc. boosted its holdings in shares of Frontdoor by 4.8% during the 4th quarter. Pacer Advisors Inc. now owns 7,854 shares of the company’s stock worth $429,000 after buying an additional 357 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in shares of Frontdoor by 26.0% during the 4th quarter. GAMMA Investing LLC now owns 2,100 shares of the company’s stock worth $115,000 after buying an additional 433 shares during the period.

Frontdoor Trading Down 3.0 %

NASDAQ FTDR opened at $38.00 on Wednesday. Frontdoor, Inc. has a 52 week low of $29.41 and a 52 week high of $63.49. The business has a 50 day moving average price of $51.56 and a 200-day moving average price of $52.73. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 2.16. The company has a market cap of $2.84 billion, a price-to-earnings ratio of 12.58 and a beta of 1.18.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Truist Financial boosted their target price on shares of Frontdoor from $58.00 to $67.00 and gave the company a “buy” rating in a research report on Friday, February 14th. The Goldman Sachs Group decreased their price target 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. One research 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, the company has an average rating of “Hold” and a consensus price target of $50.25.

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.