Citigroup Inc. lowered its position in Frontdoor, Inc. (NASDAQ:FTDR – Free Report) by 32.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 53,315 shares of the company’s stock after selling 25,591 shares during the period. Citigroup Inc. owned about 0.07% of Frontdoor worth $1,631,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also recently added to or reduced their stakes in FTDR. PNC Financial Services Group Inc. boosted its position in Frontdoor by 7.8% during the second quarter. PNC Financial Services Group Inc. now owns 5,079 shares of the company’s stock worth $162,000 after acquiring an additional 369 shares during the last quarter. Arizona State Retirement System boosted its position in Frontdoor by 1.6% during the third quarter. Arizona State Retirement System now owns 23,270 shares of the company’s stock worth $712,000 after acquiring an additional 373 shares during the last quarter. Meritage Portfolio Management boosted its position in Frontdoor by 5.4% during the third quarter. Meritage Portfolio Management now owns 9,628 shares of the company’s stock worth $295,000 after acquiring an additional 492 shares during the last quarter. MetLife Investment Management LLC boosted its position in Frontdoor by 1.3% during the second quarter. MetLife Investment Management LLC now owns 43,725 shares of the company’s stock worth $1,395,000 after acquiring an additional 545 shares during the last quarter. Finally, Quantinno Capital Management LP boosted its position in Frontdoor by 2.7% during the second quarter. Quantinno Capital Management LP now owns 24,013 shares of the company’s stock worth $766,000 after acquiring an additional 637 shares during the last quarter.
Frontdoor Stock Up 1.5 %
Shares of NASDAQ FTDR opened at $32.98 on Monday. Frontdoor, Inc. has a 1 year low of $24.98 and a 1 year high of $38.97. The firm’s 50 day moving average price is $33.65 and its 200 day moving average price is $32.96. The firm has a market cap of $2.63 billion, a P/E ratio of 15.63 and a beta of 0.91. The company has a debt-to-equity ratio of 3.39, a quick ratio of 1.18 and a current ratio of 1.18.
Frontdoor Company Profile
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.
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