Jacob Rothschild’s RIT Capital Partners is Selling These 5 Stocks

In this article, we will discuss the Jacob Rothschild’s RIT Capital Partners is selling these 5 stocks. If you want to read our detailed analysis of Rothschild’s history, investment philosophy, and hedge fund performance, go directly to the Jacob Rothschild’s RIT Capital Partners is Selling These 10 Stocks.

5. Frontdoor, Inc. (NASDAQ:FTDR)

Number of Hedge Fund Holders: 33

Frontdoor, Inc. (NASDAQ:FTDR) offers domestic service plans in the United States. It was founded in 1971, and it stands fifth on the list of Jacob Rothschild’s RIT Capital Partners is selling these 10 stocks. Frontdoor, Inc. (NASDAQ:FTDR) currently has a $3.52 billion market capitalization and was able to deliver a 2.02% return in the past 12 months. 

In the second quarter, Frontdoor, Inc.’s (NASDAQ:FTDR) EPS came in at $0.76, beating the estimates by $0.13. Revenue in the period was $462 million, up 10.8% YoY, missing the market predictions by $3.9 million.

Hedge fund sentiment decreased for Frontdoor, Inc. (NASDAQ:FTDR) in the second quarter of 2021. Insider Monkey’s data shows that 33 hedge funds held stakes in the company in the second quarter, down from 36 funds a quarter earlier. The biggest stakeholder of the company is Rima Senvest Management, with 2.15 million shares, worth $107.27 million.