American Century Companies Inc. lowered its holdings in Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 89.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,668 shares of the company's stock after selling 186,424 shares during the quarter. American Century Companies Inc.'s holdings in Resideo Technologies were worth $499,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Quantbot Technologies LP raised its position in shares of Resideo Technologies by 80.8% in the fourth quarter. Quantbot Technologies LP now owns 23,807 shares of the company's stock worth $549,000 after acquiring an additional 10,640 shares during the period. Teacher Retirement System of Texas raised its holdings in Resideo Technologies by 15.1% in the 4th quarter. Teacher Retirement System of Texas now owns 184,833 shares of the company's stock worth $4,260,000 after purchasing an additional 24,198 shares during the period. Harvest Fund Management Co. Ltd purchased a new position in Resideo Technologies during the fourth quarter worth approximately $119,000. Xponance Inc. purchased a new stake in shares of Resideo Technologies in the fourth quarter valued at approximately $293,000. Finally, Boston Partners raised its stake in shares of Resideo Technologies by 25.1% during the 4th quarter. Boston Partners now owns 9,797,883 shares of the company's stock worth $225,865,000 after buying an additional 1,966,706 shares during the period. Hedge funds and other institutional investors own 91.71% of the company's stock.
Resideo Technologies Price Performance
Resideo Technologies stock traded up $0.03 during trading on Tuesday, reaching $15.49. The company had a trading volume of 1,386,834 shares, compared to its average volume of 935,657. The firm has a market capitalization of $2.29 billion, a PE ratio of 24.58 and a beta of 2.04. The firm's 50-day simple moving average is $18.48 and its 200 day simple moving average is $21.59. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.10 and a current ratio of 1.82. Resideo Technologies, Inc. has a 1-year low of $14.18 and a 1-year high of $28.28.
Resideo Technologies (NYSE:REZI - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.08). Resideo Technologies had a return on equity of 11.12% and a net margin of 1.69%. The company had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.84 billion. As a group, equities research analysts anticipate that Resideo Technologies, Inc. will post 2.13 earnings per share for the current fiscal year.
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.
See Also
Before you consider Resideo Technologies, you'll want to hear this.
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 Resideo Technologies wasn't on the list.
While Resideo Technologies currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
