<div id="readability-page-1"><p>Norges Bank bought a new position in shares of  Frontdoor Inc. (NASDAQ:FTDR - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 85,315 shares of the company's stock, valued at approximately $5,028,000. Norges Bank owned approximately 0.12% of Frontdoor as of its most recent filing with the Securities and Exchange Commission (SEC).</p><p>A number of other large investors have also recently made changes to their positions in the company. Quadrature Capital Ltd purchased a new position in  Frontdoor during the 2nd quarter worth approximately $451,000.  Capital Fund Management S.A. boosted its holdings in shares of  Frontdoor by 274.9% in the second quarter. Capital Fund Management S.A. now owns 84,723 shares of the company's stock valued at $4,994,000 after acquiring an additional 62,122 shares during the period.  Grantham Mayo Van Otterloo &amp; Co. LLC grew its position in shares of  Frontdoor by 30.7% during the second quarter. Grantham Mayo Van Otterloo &amp; Co. LLC now owns 20,645 shares of the company's stock worth $1,217,000 after acquiring an additional 4,853 shares during the last quarter.  Aristides Capital LLC acquired a new position in shares of  Frontdoor in the 2nd quarter valued at $266,000.  Finally, Elevation Point Wealth Partners LLC acquired a new position in shares of  Frontdoor in the 2nd quarter valued at $72,000. </p><h2>Analyst Ratings Changes</h2><p>A number of analysts recently weighed in on the stock. Weiss Ratings  reiterated a &#34;hold (c+)&#34; rating on shares of Frontdoor in a research note on Monday. Zacks Research cut Frontdoor from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research report on Friday, October 10th. Finally, Wall Street Zen downgraded Frontdoor from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research note on Monday, November 24th. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and one  has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of &#34;Hold&#34; and an average price target of $59.75.</p><p><b>Check Out Our Latest Analysis on Frontdoor</b></p><h2>Frontdoor Stock Performance</h2><p>NASDAQ FTDR opened at $53.26 on Wednesday. The company has a market capitalization of $3.84 billion, a PE ratio of 15.17 and a beta of 1.32. The business's 50-day moving average price is $59.33 and its 200 day moving average price is $59.62. Frontdoor Inc. has a twelve month low of $35.61 and a twelve month high of $70.14. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 3.64. </p><p>Frontdoor (NASDAQ:FTDR - Get Free Report) last announced its earnings results on Wednesday, November 5th. The company reported $1.58 EPS for the quarter, beating the consensus estimate of $1.49 by $0.09. Frontdoor had a return on equity of 122.74% and a net margin of 12.87%.The business had revenue of $618.00 million for the quarter, compared to the consensus estimate of $610.77 million. During the same period last year, the business posted $1.38 EPS. The company's revenue was up 14.4% on a year-over-year basis.  On average, research analysts predict that  Frontdoor Inc. will post 3.07 earnings per share for the current year. </p><h2>Frontdoor Company Profile</h2> (Free Report)<p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Frontdoor</li><li>What Are Treasury Bonds?</li><li>Consumers Got Coal, But Santa Dropped Off Big Gains for These 2 Retailers</li><li>ESG Stocks, What Investors Should Know</li><li>10X Gains? These 3 Robotics Stocks Could Explode by 2035</li><li>Where to Find Earnings Call Transcripts</li><li>Anheuser-Busch Buys BeatBox to Win Over Younger Drinkers</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RlREUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RlREUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Frontdoor Right Now?</h2><p>Before you consider Frontdoor, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Frontdoor wasn't on the list.</p><p>While Frontdoor currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

FTDR

<p>Norges Bank acquired 85,315 shares of Frontdoor Inc., valued at $5,028,000, during the second quarter, as per SEC filings. This investment represents 0.12% ownership in Frontdoor. Other investors like Quadrature Capital and Capital Fund Management also increased their holdings. Analysts have mixed ratings on Frontdoor, with a consensus rating of 'Hold' and an average price target of $59.75. Frontdoor reported a Q3 EPS of $1.58, surpassing estimates, with revenue up 14.4% year-over-year.</p>

Norges Bank Makes New Investment in Frontdoor Inc. $FTDR