Resideo Technologies, Inc. (NYSE:REZI) Shares Acquired by AlphaQuest LLC

AlphaQuest LLC boosted its holdings in shares of Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 141.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,300 shares of the company's stock after acquiring an additional 31,255 shares during the period. AlphaQuest LLC's holdings in Resideo Technologies were worth $1,229,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Quest Partners LLC lifted its position in shares of Resideo Technologies by 2.3% in the 3rd quarter. Quest Partners LLC now owns 22,045 shares of the company's stock worth $444,000 after purchasing an additional 505 shares during the period. CIBC Asset Management Inc lifted its holdings in Resideo Technologies by 4.5% during the fourth quarter. CIBC Asset Management Inc now owns 14,546 shares of the company's stock worth $335,000 after buying an additional 624 shares during the period. GAMMA Investing LLC boosted its position in Resideo Technologies by 19.8% during the 4th quarter. GAMMA Investing LLC now owns 3,918 shares of the company's stock valued at $90,000 after acquiring an additional 647 shares in the last quarter. Highland Capital Management LLC boosted its position in Resideo Technologies by 6.5% during the 4th quarter. Highland Capital Management LLC now owns 10,854 shares of the company's stock valued at $250,000 after acquiring an additional 666 shares in the last quarter. Finally, Blue Trust Inc. increased its holdings in shares of Resideo Technologies by 28.9% in the 4th quarter. Blue Trust Inc. now owns 3,241 shares of the company's stock valued at $75,000 after acquiring an additional 726 shares during the period. Hedge funds and other institutional investors own 91.71% of the company's stock.

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Resideo Technologies Stock Down 2.4 %

Shares of NYSE REZI traded down $0.42 during mid-day trading on Thursday, reaching $16.89. 983,612 shares of the company were exchanged, compared to its average volume of 865,720. Resideo Technologies, Inc. has a 1 year low of $16.89 and a 1 year high of $28.28. The firm has a 50-day moving average of $21.33 and a 200 day moving average of $21.99. The stock has a market cap of $2.50 billion, a price-to-earnings ratio of 26.81 and a beta of 2.32. The company has a quick ratio of 1.10, a current ratio of 1.82 and a debt-to-equity ratio of 0.69.

Resideo Technologies (NYSE:REZI - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $0.51 EPS for the quarter, missing analysts' consensus estimates of $0.59 by ($0.08). Resideo Technologies had a return on equity of 11.12% and a net margin of 1.69%. The firm had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.84 billion. On average, research analysts expect that Resideo Technologies, Inc. will post 2.13 earnings per share for the current year.

Resideo Technologies Company Profile

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.