Zurcher Kantonalbank Zurich Cantonalbank trimmed its holdings in frontdoor, inc. (NASDAQ:FTDR) by 33.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,653 shares of the company’s stock after selling 5,296 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in frontdoor were worth $535,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of FTDR. Metropolitan Life Insurance Co NY bought a new position in shares of frontdoor in the 1st quarter worth about $219,000. Envestnet Asset Management Inc. lifted its stake in shares of frontdoor by 14.8% in the third quarter. Envestnet Asset Management Inc. now owns 21,267 shares of the company’s stock worth $827,000 after buying an additional 2,739 shares in the last quarter. CWM LLC grew its holdings in shares of frontdoor by 78.3% during the third quarter. CWM LLC now owns 191,226 shares of the company’s stock valued at $7,441,000 after buying an additional 83,969 shares during the last quarter. Reinhart Partners Inc. increased its position in shares of frontdoor by 11.1% during the third quarter. Reinhart Partners Inc. now owns 274,823 shares of the company’s stock valued at $10,694,000 after acquiring an additional 27,527 shares in the last quarter. Finally, KBC Group NV increased its position in shares of frontdoor by 10.0% during the third quarter. KBC Group NV now owns 6,318 shares of the company’s stock valued at $246,000 after acquiring an additional 575 shares in the last quarter.

Several research firms recently issued reports on FTDR. Zacks Investment Research raised frontdoor from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 20th. Oppenheimer upped their price objective on frontdoor from $50.00 to $55.00 and gave the company an “outperform” rating in a research report on Thursday, November 19th. Raymond James upped their price objective on frontdoor from $51.00 to $52.00 and gave the company an “outperform” rating in a research report on Thursday, November 5th. Finally, JPMorgan Chase & Co. upped their price objective on frontdoor from $50.00 to $57.00 and gave the company an “overweight” rating in a research report on Wednesday, December 16th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. frontdoor has a consensus rating of “Buy” and a consensus target price of $50.00.

NASDAQ FTDR opened at $58.16 on Friday. The business’s fifty day moving average price is $53.41 and its 200-day moving average price is $46.27. The stock has a market capitalization of $4.97 billion, a price-to-earnings ratio of 38.52, a PEG ratio of 2.31 and a beta of 0.58. frontdoor, inc. has a 1-year low of $30.06 and a 1-year high of $58.94.

frontdoor Profile

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 21 household systems and appliances, including electrical, plumbing, water heaters, refrigerators, dishwashers, and ranges/ovens/cooktops, as well as electronics, pools, and spas and pumps; and central heating, ventilation, and air conditioning systems.

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Institutional Ownership by Quarter for frontdoor (NASDAQ:FTDR)

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