Robeco Institutional Asset Management B.V. Has $1.68 Million Stock Holdings in Frontdoor, Inc. (NASDAQ:FTDR)

Robeco Institutional Asset Management B.V. increased its position in Frontdoor, Inc. (NASDAQ:FTDR) by 26.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,578 shares of the company’s stock after buying an additional 10,087 shares during the period. Robeco Institutional Asset Management B.V. owned 0.06% of Frontdoor worth $1,676,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Quadrant Capital Group LLC grew its stake in shares of Frontdoor by 13.7% in the 4th quarter. Quadrant Capital Group LLC now owns 2,839 shares of the company’s stock valued at $100,000 after buying an additional 341 shares during the period. Meeder Asset Management Inc. lifted its position in Frontdoor by 5.3% in the 4th quarter. Meeder Asset Management Inc. now owns 7,137 shares of the company’s stock valued at $251,000 after acquiring an additional 359 shares in the last quarter. Arizona State Retirement System lifted its position in Frontdoor by 1.6% in the 3rd quarter. Arizona State Retirement System now owns 23,270 shares of the company’s stock valued at $712,000 after acquiring an additional 373 shares in the last quarter. Meritage Portfolio Management lifted its position in Frontdoor by 5.6% in the 4th quarter. Meritage Portfolio Management now owns 10,165 shares of the company’s stock valued at $358,000 after acquiring an additional 537 shares in the last quarter. Finally, Handelsbanken Fonder AB lifted its position in Frontdoor by 6.1% in the 4th quarter. Handelsbanken Fonder AB now owns 13,900 shares of the company’s stock valued at $490,000 after acquiring an additional 800 shares in the last quarter.

Analyst Upgrades and Downgrades

Separately, Wells Fargo & Company raised their price target on shares of Frontdoor from $36.00 to $39.00 and gave the company an “equal weight” rating in a research report on Monday, May 6th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $40.00.

Frontdoor Trading Down 0.4 %

NASDAQ:FTDR opened at $35.45 on Thursday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 3.54. The stock has a market capitalization of $2.76 billion, a PE ratio of 15.55 and a beta of 0.89. The firm’s 50 day moving average is $32.45 and its 200 day moving average is $33.28. Frontdoor, Inc. has a 12 month low of $28.25 and a 12 month high of $38.97.

Frontdoor (NASDAQ:FTDR) last posted its quarterly earnings results on Wednesday, February 28th. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.18. The company had revenue of $366.00 million for the quarter, compared to analysts’ expectations of $360.47 million. Frontdoor had a net margin of 10.27% and a return on equity of 132.00%. Frontdoor’s revenue was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.13 EPS. Sell-side analysts expect that Frontdoor, Inc. will post 2.52 earnings per share for the current year.

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.