US Bancorp DE Has $134,000 Stock Position in Frontdoor, Inc. (NASDAQ:FTDR)

US Bancorp DE decreased its position in shares of Frontdoor, Inc. (NASDAQ:FTDR) by 64.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,455 shares of the company’s stock after selling 4,376 shares during the period. US Bancorp DE’s holdings in Frontdoor were worth $134,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. Parkside Financial Bank & Trust boosted its position in Frontdoor by 8.3% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,880 shares of the company’s stock valued at $157,000 after purchasing an additional 221 shares during the last quarter. Versor Investments LP acquired a new stake in Frontdoor during the fourth quarter valued at $1,022,000. Proficio Capital Partners LLC acquired a new stake in Frontdoor during the fourth quarter valued at $2,224,000. Oppenheimer & Co. Inc. acquired a new stake in Frontdoor during the fourth quarter valued at $467,000. Finally, Los Angeles Capital Management LLC boosted its position in Frontdoor by 59.0% during the fourth quarter. Los Angeles Capital Management LLC now owns 101,282 shares of the company’s stock valued at $5,537,000 after purchasing an additional 37,583 shares during the last quarter.

Frontdoor Price Performance

Shares of NASDAQ:FTDR opened at $38.40 on Monday. Frontdoor, Inc. has a fifty-two week low of $29.41 and a fifty-two week high of $63.49. The business has a 50-day moving average of $54.06 and a two-hundred day moving average of $53.22. The stock has a market capitalization of $2.87 billion, a P/E ratio of 12.72 and a beta of 1.18. The company has a debt-to-equity ratio of 2.16, a current ratio of 1.42 and a quick ratio of 1.42.

Analysts Set New Price Targets

A number of analysts have weighed in on FTDR shares. The Goldman Sachs Group reduced their price target on Frontdoor from $46.00 to $40.00 and set a “sell” rating for the company in a research report on Monday, March 3rd. Truist Financial boosted their price target on Frontdoor from $58.00 to $67.00 and gave the stock a “buy” rating in a research report on Friday, February 14th. One equities 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 company. According to MarketBeat, the stock has a consensus 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.