Frontdoor, Inc. (NASDAQ:FTDR) Shares Sold by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC decreased its position in shares of Frontdoor, Inc. (NASDAQ:FTDR) by 15.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,352 shares of the company’s stock after selling 799 shares during the period. Orion Portfolio Solutions LLC’s holdings in Frontdoor were worth $238,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. USA Financial Formulas purchased a new position in shares of Frontdoor during the 4th quarter valued at approximately $60,000. TD Private Client Wealth LLC bought a new position in Frontdoor during the 3rd quarter valued at $68,000. Blue Trust Inc. grew its holdings in Frontdoor by 315.3% during the 4th quarter. Blue Trust Inc. now owns 1,632 shares of the company’s stock worth $89,000 after acquiring an additional 1,239 shares in the last quarter. Nkcfo LLC bought a new stake in shares of Frontdoor in the 4th quarter worth about $96,000. Finally, GAMMA Investing LLC raised its stake in shares of 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 purchasing an additional 433 shares in the last quarter.

Analyst Ratings Changes

FTDR has been the subject of a number of research reports. The Goldman Sachs Group decreased their price target on Frontdoor from $46.00 to $40.00 and set a “sell” rating for the company in a research note on Monday, March 3rd. Truist Financial boosted their price target on Frontdoor from $58.00 to $67.00 and gave the company a “buy” rating in a report on Friday, February 14th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Frontdoor presently has a consensus rating of “Hold” and an average price target of $50.25.

Frontdoor Stock Performance

Shares of NASDAQ FTDR opened at $39.60 on Friday. The stock has a market capitalization of $2.96 billion, a P/E ratio of 13.11 and a beta of 1.19. The firm’s 50-day moving average price is $45.75 and its two-hundred day moving average price is $51.74. Frontdoor, Inc. has a 52-week low of $29.41 and a 52-week high of $63.49. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 2.16.

Frontdoor 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.