Entropy Technologies LP purchased a new position in shares of Resideo Technologies, Inc. (NYSE:REZI - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 19,731 shares of the company's stock, valued at approximately $397,000.
Other large investors have also recently made changes to their positions in the company. SG Americas Securities LLC lifted its holdings in Resideo Technologies by 130.8% during the 1st quarter. SG Americas Securities LLC now owns 17,878 shares of the company's stock valued at $401,000 after buying an additional 10,133 shares in the last quarter. ProShare Advisors LLC lifted its holdings in Resideo Technologies by 7.4% during the 1st quarter. ProShare Advisors LLC now owns 29,530 shares of the company's stock valued at $662,000 after buying an additional 2,035 shares in the last quarter. State Board of Administration of Florida Retirement System lifted its holdings in Resideo Technologies by 29.6% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 54,194 shares of the company's stock valued at $1,215,000 after buying an additional 12,370 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp lifted its holdings in Resideo Technologies by 17.4% during the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 22,490 shares of the company's stock valued at $496,000 after buying an additional 3,336 shares in the last quarter. Finally, Acadian Asset Management LLC lifted its holdings in Resideo Technologies by 12.7% during the 1st quarter. Acadian Asset Management LLC now owns 186,173 shares of the company's stock valued at $4,173,000 after buying an additional 20,969 shares in the last quarter. 91.71% of the stock is owned by hedge funds and other institutional investors.
Resideo Technologies Stock Up 1.7 %
Shares of NYSE:REZI traded up $0.42 during trading hours on Friday, hitting $25.78. The company's stock had a trading volume of 964,515 shares, compared to its average volume of 872,612. Resideo Technologies, Inc. has a 52 week low of $16.05 and a 52 week high of $25.80. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.82 and a quick ratio of 1.10. The company has a market capitalization of $3.79 billion, a price-to-earnings ratio of 23.23 and a beta of 2.09. The firm's fifty day moving average price is $20.57 and its 200 day moving average price is $20.42.
Analyst Ratings Changes
Separately, Evercore ISI began coverage on shares of Resideo Technologies in a report on Friday, August 9th. They set an "outperform" rating and a $25.00 price objective for the company.
View Our Latest Analysis on REZI
About Resideo Technologies
(
Free Report)
Resideo Technologies, Inc develops, manufactures, and sells comfort, energy management, and safety and security solutions to the commercial and residential end markets in the United States, Europe, and internationally. The company operates in two segments, Products and Solutions, and ADI Global Distribution.
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