Arizona State Retirement System Grows Stock Holdings in Frontdoor, Inc. (NASDAQ:FTDR)

Arizona State Retirement System lifted its position in shares of Frontdoor, Inc. (NASDAQ:FTDRFree Report) by 1.6% during the third quarter, Holdings Channel.com reports. The firm owned 23,270 shares of the company’s stock after acquiring an additional 373 shares during the period. Arizona State Retirement System’s holdings in Frontdoor were worth $712,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in FTDR. Raymond James & Associates boosted its stake in Frontdoor by 25.1% during the 1st quarter. Raymond James & Associates now owns 9,646 shares of the company’s stock worth $288,000 after purchasing an additional 1,933 shares during the last quarter. US Bancorp DE boosted its position in shares of Frontdoor by 11.0% during the 1st quarter. US Bancorp DE now owns 20,310 shares of the company’s stock valued at $606,000 after acquiring an additional 2,017 shares during the last quarter. Citigroup Inc. boosted its position in shares of Frontdoor by 42.5% during the 1st quarter. Citigroup Inc. now owns 13,991 shares of the company’s stock valued at $418,000 after acquiring an additional 4,172 shares during the last quarter. MetLife Investment Management LLC acquired a new position in shares of Frontdoor during the 1st quarter valued at about $128,000. Finally, BlackRock Inc. boosted its position in shares of Frontdoor by 7.1% during the 1st quarter. BlackRock Inc. now owns 3,755,323 shares of the company’s stock valued at $112,096,000 after acquiring an additional 249,371 shares during the last quarter.

Frontdoor Trading Down 1.1 %

Shares of FTDR stock opened at $32.03 on Thursday. The company’s 50-day moving average price is $34.21 and its 200-day moving average price is $33.18. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 3.39. The stock has a market cap of $2.55 billion, a price-to-earnings ratio of 15.18 and a beta of 0.91. Frontdoor, Inc. has a twelve month low of $24.98 and a twelve month high of $38.97.

About Frontdoor

(Free Report)

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 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.

Further Reading

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Institutional Ownership by Quarter for Frontdoor (NASDAQ:FTDR)

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