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Who Owns Allison Transmission And Which Pickup Trucks Use Them?Atria Investments Inc acquired a new stake in Frontdoor, Inc. ( NASDAQ:FTDR – Free Report ) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 6,569 shares of the company’s stock, valued at approximately $315,000. Several other hedge funds have also added to or reduced their stakes in the business. Millennium Management LLC lifted its position in Frontdoor by 440.4% during the second quarter. Millennium Management LLC now owns 908,904 shares of the company’s stock worth $30,712,000 after acquiring an additional 740,711 shares during the last quarter. Swedbank AB lifted its holdings in Frontdoor by 112.7% during the 2nd quarter. Swedbank AB now owns 1,210,600 shares of the company’s stock worth $40,906,000 after purchasing an additional 641,476 shares during the last quarter. Boston Partners boosted its stake in Frontdoor by 8.9% in the 1st quarter. Boston Partners now owns 6,198,543 shares of the company’s stock valued at $201,662,000 after purchasing an additional 506,217 shares during the period. Invenomic Capital Management LP grew its holdings in Frontdoor by 57.3% in the 1st quarter. Invenomic Capital Management LP now owns 1,072,445 shares of the company’s stock valued at $34,940,000 after buying an additional 390,610 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in Frontdoor by 3.8% during the 1st quarter. Vanguard Group Inc. now owns 10,179,139 shares of the company’s stock worth $331,636,000 after buying an additional 373,091 shares during the period. Frontdoor Trading Up 1.8 % FTDR opened at $58.46 on Friday. The stock has a market capitalization of $4.43 billion, a price-to-earnings ratio of 19.36 and a beta of 1.03. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 2.16. Frontdoor, Inc. has a twelve month low of $29.41 and a twelve month high of $59.01. The company has a 50-day simple moving average of $51.09 and a 200 day simple moving average of $43.42. Analysts Set New Price Targets A number of equities research analysts have recently issued reports on the stock. The Goldman Sachs Group boosted their target price on shares of Frontdoor from $41.00 to $46.00 and gave the company a “sell” rating in a research report on Tuesday, November 5th. JPMorgan Chase & Co. boosted their price objective on shares of Frontdoor from $45.00 to $55.00 and gave the company an “overweight” rating in a report on Monday, August 12th. William Blair upgraded shares of Frontdoor from a “market perform” rating to an “outperform” rating in a research report on Friday, August 2nd. Finally, Truist Financial lifted their price target on shares of Frontdoor from $56.00 to $58.00 and gave the company a “buy” rating in a research report on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $49.50. View Our Latest Report on Frontdoor Frontdoor Profile ( Free Report ) 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. See Also Five stocks we like better than Frontdoor Election Stocks: How Elections Affect the Stock Market Tesla Investors Continue to Profit From the Trump Trade What Are Some of the Best Large-Cap Stocks to Buy? MicroStrategy’s Stock Dip vs. Coinbase’s Potential Rally How to Choose Top Rated Stocks Netflix Ventures Into Live Sports, Driving Stock Momentum Receive News & Ratings for Frontdoor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Frontdoor and related companies with MarketBeat.com's FREE daily email newsletter .
Transportation Secretary Pete Buttigieg snapped back Thursday at criticism from airline executives who say the Biden administration over-regulated them, pointing out that some of those airlines are making large profits despite new passenger-protection rules . Buttigieg said the rules his department has imposed, including automatic cash refunds after flights are canceled, enjoy broad public support and “will stand the test of time.” The comments came after the CEOs of Delta Air Lines and Southwest Airlines said they hoped the government will be more pro-business when President-elect Donald Trump returns to office. Delta CEO Ed Bastian said the Trump administration will be “a breath of fresh air” for his industry. “I know that some airline CEOs have expressed hopes that the next administration will be less passenger-friendly and more corporate-friendly than this administration,” Buttigieg responded during a news conference to discuss Thanksgiving travel. “The passenger protections that we have put in place deservedly enjoy broad public, bipartisan support. I just don't run into a lot of people who are against the idea that you ought to get an automatic refund without any hassle, for example.” Buttigieg argued that strong passenger protections are good for the airline business. “Some of these companies have been showing very healthy profits even at this new and higher level of consumer protection, demonstrating to me that these things can travel together,” he said. It appeared to be a reference to Delta, the most profitable U.S. airline in recent years. Delta earned $2.6 billion in the first nine months of this year and $4.6 billion last year. The airline industry has opposed many consumer-protections written by the Biden administration, even suing the Transportation Department to kill a rule requiring greater transparency over fees that airlines charge their passengers. Airlines also oppose a current department inquiry into their frequent-flyer programs . Bastian, the Delta CEO, said he expected the Transportation Department under Trump to “take a fresh look at the regulatory environment, the bureaucracy that exists in government, the level of overreach that we have seen over the last four years within our industry.” Southwest Airlines CEO Robert Jordan said last week, “We are hopeful for a DOT (Department of Transportation) that is maybe a little less aggressive in terms of regulating or rule-making.” Buttigieg noted that his department extracted a $140 million settlement from Southwest over widespread flight cancellations in December 2022 and is conducting a similar investigation into Delta, which canceled about 7,000 flights after a technology outage in July. He suggested airline CEOs should spend more time thinking about passengers and less about their regulator.
DALLAS — Petra and the Beast , one of Dallas' most acclaimed restaurants led by James Beard Award finalist Misti Norris, announced it would be closing its location on Abrams Road, and the final dinner service was scheduled for Sunday, Dec. 29. "This decision wasn’t made lightly, and while it’s bittersweet, it’s also a moment of reflection and growth," Norris wrote on Facebook . "While this chapter is coming to an end, I’m incredibly grateful for the lessons I’ve learned. Petra taught me so much about what matters most to me as a chef and as a storyteller." Norris said when the restaurant moved into its larger space, Petra "lost the soul that made it so special: The intimacy, the romance, and the storytelling that defined the old Petra were hard to preserve." Norris said she looks forward to moving into a new space. With a heavy heart, I’m announcing that the last dinner service at Petra will take place on Sunday 12/29. This decision... More Texas headlines : Related Articles Purple tree in North Texas honors teen's struggle, raises fentanyl awareness North Texas companies among major donors to Trump's inauguration Stein: Luka Doncic's home burglarized, police report says