Natixis Advisors LLC Has $826,000 Stock Holdings in Frontdoor, Inc. (NASDAQ:FTDR)

Natixis Advisors LLC boosted its holdings in shares of Frontdoor, Inc. (NASDAQ:FTDR) by 13.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 17,213 shares of the company’s stock after acquiring an additional 2,023 shares during the period. Natixis Advisors LLC’s holdings in Frontdoor were worth $826,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Exchange Traded Concepts LLC purchased a new stake in shares of Frontdoor in the third quarter valued at about $27,000. GAMMA Investing LLC raised its holdings in shares of Frontdoor by 90.7% in the second quarter. GAMMA Investing LLC now owns 879 shares of the company’s stock valued at $30,000 after purchasing an additional 418 shares during the last quarter. V Square Quantitative Management LLC purchased a new stake in shares of Frontdoor in the third quarter valued at about $31,000. Isthmus Partners LLC raised its holdings in shares of Frontdoor by 0.5% in the second quarter. Isthmus Partners LLC now owns 110,249 shares of the company’s stock valued at $37,000 after purchasing an additional 603 shares during the last quarter. Finally, Quarry LP raised its holdings in shares of Frontdoor by 468.1% in the second quarter. Quarry LP now owns 1,085 shares of the company’s stock valued at $37,000 after purchasing an additional 894 shares during the last quarter.

Frontdoor Price Performance

Shares of NASDAQ:FTDR opened at $58.17 on Thursday. 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 firm has a market capitalization of $4.41 billion, a PE ratio of 19.41 and a beta of 1.03. Frontdoor, Inc. has a twelve month low of $29.41 and a twelve month high of $60.42. The company has a 50-day moving average price of $51.73 and a two-hundred day moving average price of $44.00.

Frontdoor (NASDAQ:FTDR) last issued its earnings results on Monday, November 4th. The company reported $1.38 earnings per share for the quarter, topping analysts’ consensus estimates of $1.05 by $0.33. The firm had revenue of $540.00 million during the quarter, compared to analyst estimates of $541.88 million. Frontdoor had a net margin of 12.87% and a return on equity of 132.99%. The company’s quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter last year, the business earned $0.94 earnings per share. Equities analysts forecast that Frontdoor, Inc. will post 3.14 EPS for the current year.

Analysts Set New Price Targets

Several analysts have recently commented on FTDR shares. Truist Financial increased their target price on shares of Frontdoor from $56.00 to $58.00 and gave the company a “buy” rating in a report on Tuesday, November 5th. William Blair upgraded shares of Frontdoor from a “market perform” rating to an “outperform” rating in a report on Friday, August 2nd. JPMorgan Chase & Co. raised their price objective on shares of Frontdoor from $45.00 to $55.00 and gave the stock an “overweight” rating in a report on Monday, August 12th. Finally, The Goldman Sachs Group raised their price objective on shares of Frontdoor from $41.00 to $46.00 and gave the stock a “sell” rating in a report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $49.50.

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.