BNP PARIBAS ASSET MANAGEMENT Holding S.A. Purchases 10,938 Shares of Frontdoor Inc. $FTDR

BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in Frontdoor Inc. (NASDAQ:FTDR) by 2.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 488,874 shares of the company’s stock after purchasing an additional 10,938 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned about 0.67% of Frontdoor worth $32,897,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Arizona State Retirement System grew its position in Frontdoor by 0.9% during the third quarter. Arizona State Retirement System now owns 21,758 shares of the company’s stock worth $1,464,000 after buying an additional 193 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in shares of Frontdoor by 10.4% during the third quarter. Smartleaf Asset Management LLC now owns 2,470 shares of the company’s stock valued at $165,000 after buying an additional 233 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Frontdoor by 6.9% during the third quarter. GAMMA Investing LLC now owns 3,726 shares of the company’s stock valued at $251,000 after purchasing an additional 240 shares during the period. Snowden Capital Advisors LLC grew its holdings in Frontdoor by 4.1% in the 2nd quarter. Snowden Capital Advisors LLC now owns 6,407 shares of the company’s stock worth $378,000 after acquiring an additional 250 shares during the last quarter. Finally, Nisa Investment Advisors LLC raised its position in Frontdoor by 15.7% during the 3rd quarter. Nisa Investment Advisors LLC now owns 1,848 shares of the company’s stock valued at $124,000 after purchasing an additional 251 shares during the last quarter.

Frontdoor Stock Performance

Shares of NASDAQ:FTDR opened at $55.60 on Friday. The firm has a market cap of $4.01 billion, a PE ratio of 15.84 and a beta of 1.34. The company has a debt-to-equity ratio of 3.64, a quick ratio of 1.73 and a current ratio of 1.73. Frontdoor Inc. has a one year low of $35.61 and a one year high of $70.14. The firm’s 50 day simple moving average is $58.07 and its 200-day simple moving average is $59.68.

Analysts Set New Price Targets

FTDR has been the topic of several recent research reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Frontdoor in a research note on Monday, December 29th. Wall Street Zen cut shares of Frontdoor from a “buy” rating to a “hold” rating in a report on Monday, November 24th. Finally, Truist Financial set a $71.00 target price on shares of Frontdoor in a research report on Monday, January 26th. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Frontdoor presently has a consensus rating of “Hold” and a consensus price target of $59.75.

Frontdoor Profile

Frontdoor, Inc (NASDAQ:FTDR) is a leading provider of home service plans and repair solutions for residential property owners. The company offers contract-based coverage that helps homeowners manage the cost of repairing and replacing essential household systems and appliances, including heating and cooling, plumbing, electrical wiring, water heaters, washers, dryers, refrigerators and other major kitchen equipment.

Frontdoor delivers its services through a nationwide network of independent service professionals and contractors, leveraging a cloud-based platform and call center infrastructure to coordinate service visits and process claims.