Frontdoor Inc. $FTDR Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lowered its position in shares of Frontdoor Inc. (NASDAQ:FTDR) by 1.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,731 shares of the company’s stock after selling 331 shares during the period. Yousif Capital Management LLC’s holdings in Frontdoor were worth $1,634,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Boston Partners grew its stake in shares of Frontdoor by 1.2% during the first quarter. Boston Partners now owns 5,980,271 shares of the company’s stock worth $229,891,000 after purchasing an additional 68,733 shares in the last quarter. Fuller & Thaler Asset Management Inc. grew its stake in shares of Frontdoor by 33.1% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 2,752,723 shares of the company’s stock worth $105,760,000 after purchasing an additional 685,148 shares in the last quarter. Invesco Ltd. grew its stake in shares of Frontdoor by 46.9% during the first quarter. Invesco Ltd. now owns 1,223,776 shares of the company’s stock worth $47,017,000 after purchasing an additional 390,434 shares in the last quarter. Northern Trust Corp grew its stake in shares of Frontdoor by 3.2% during the first quarter. Northern Trust Corp now owns 963,544 shares of the company’s stock worth $37,019,000 after purchasing an additional 29,892 shares in the last quarter. Finally, Nuveen LLC acquired a new position in Frontdoor in the first quarter valued at $32,213,000.

Frontdoor Price Performance

Shares of FTDR opened at $65.90 on Monday. Frontdoor Inc. has a fifty-two week low of $35.61 and a fifty-two week high of $69.36. The company has a market capitalization of $4.80 billion, a price-to-earnings ratio of 19.44 and a beta of 1.33. The firm has a 50-day simple moving average of $63.85 and a 200-day simple moving average of $56.64. The company has a debt-to-equity ratio of 4.56, a quick ratio of 1.49 and a current ratio of 1.49.

Frontdoor (NASDAQ:FTDR) last announced its earnings results on Tuesday, August 5th. The company reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.19. Frontdoor had a net margin of 13.07% and a return on equity of 125.21%. The business had revenue of $617.00 million during the quarter, compared to the consensus estimate of $602.62 million. During the same quarter in the prior year, the firm earned $1.27 earnings per share. The business’s quarterly revenue was up 13.8% compared to the same quarter last year. Frontdoor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities research analysts anticipate that Frontdoor Inc. will post 3.07 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on FTDR. Weiss Ratings cut Frontdoor from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, October 8th. Oppenheimer upped their target price on Frontdoor from $56.00 to $63.00 and gave the company an “outperform” rating in a research report on Wednesday, August 6th. Truist Financial upped their target price on Frontdoor from $67.00 to $71.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. The Goldman Sachs Group upped their target price on Frontdoor from $44.00 to $50.00 and gave the company a “sell” rating in a research report on Wednesday, August 6th. Finally, Zacks Research cut Frontdoor from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 10th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Frontdoor has a consensus rating of “Hold” and an average target price of $59.75.

Insider Buying and Selling at Frontdoor

In other news, SVP Jeffrey Fiarman sold 129,673 shares of the stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $56.15, for a total transaction of $7,281,138.95. Following the completion of the sale, the senior vice president owned 34,646 shares in the company, valued at approximately $1,945,372.90. This represents a 78.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.48% of the company’s stock.

Frontdoor 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.