Xponance Inc. Has $311,000 Stock Holdings in Frontdoor, Inc. (NASDAQ:FTDR)

Xponance Inc. lifted its stake in Frontdoor, Inc. (NASDAQ:FTDR) by 10.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,686 shares of the company’s stock after acquiring an additional 557 shares during the quarter. Xponance Inc.’s holdings in Frontdoor were worth $311,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Intech Investment Management LLC increased its position in shares of Frontdoor by 129.1% during the 4th quarter. Intech Investment Management LLC now owns 49,709 shares of the company’s stock worth $2,718,000 after purchasing an additional 28,012 shares during the last quarter. Cibc World Markets Corp bought a new position in shares of Frontdoor in the fourth quarter valued at $394,000. Natixis Advisors LLC increased its holdings in Frontdoor by 8.4% during the fourth quarter. Natixis Advisors LLC now owns 18,665 shares of the company’s stock worth $1,020,000 after buying an additional 1,452 shares during the last quarter. Monimus Capital Management LP bought a new stake in Frontdoor during the fourth quarter worth $671,000. Finally, Skandinaviska Enskilda Banken AB publ lifted its stake in Frontdoor by 99.9% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 274,800 shares of the company’s stock valued at $15,045,000 after acquiring an additional 137,300 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on FTDR. Truist Financial boosted their price objective on shares of Frontdoor from $58.00 to $67.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. The Goldman Sachs Group lowered their price target on Frontdoor from $46.00 to $40.00 and set a “sell” rating on the stock in a research report on Monday, March 3rd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $50.25.

Frontdoor Price Performance

Shares of FTDR opened at $38.04 on Friday. The company’s 50-day moving average is $50.81 and its 200-day moving average is $52.53. The company has a debt-to-equity ratio of 2.16, a current ratio of 1.42 and a quick ratio of 1.42. The firm has a market capitalization of $2.84 billion, a PE ratio of 12.60 and a beta of 1.18. Frontdoor, Inc. has a fifty-two week low of $29.41 and a fifty-two week high of $63.49.

About Frontdoor

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.