Resideo Technologies, Inc. (NYSE:REZI) Position Trimmed by California Public Employees Retirement System

California Public Employees Retirement System decreased its position in Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 12.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 211,444 shares of the company's stock after selling 30,938 shares during the quarter. California Public Employees Retirement System owned about 0.14% of Resideo Technologies worth $4,874,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. R Squared Ltd purchased a new stake in Resideo Technologies in the 4th quarter valued at about $30,000. Smartleaf Asset Management LLC boosted its position in shares of Resideo Technologies by 293.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,600 shares of the company's stock worth $60,000 after acquiring an additional 1,939 shares during the last quarter. Blue Trust Inc. grew its holdings in Resideo Technologies by 28.9% in the fourth quarter. Blue Trust Inc. now owns 3,241 shares of the company's stock valued at $75,000 after purchasing an additional 726 shares during the period. GAMMA Investing LLC increased its position in Resideo Technologies by 19.8% during the fourth quarter. GAMMA Investing LLC now owns 3,918 shares of the company's stock worth $90,000 after purchasing an additional 647 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd purchased a new position in Resideo Technologies during the fourth quarter worth approximately $119,000. 91.71% of the stock is currently owned by hedge funds and other institutional investors.

Resideo Technologies Trading Up 1.4 %

Shares of NYSE REZI traded up $0.22 during trading on Monday, hitting $15.73. 47,174 shares of the company traded hands, compared to its average volume of 1,033,628. The firm has a market capitalization of $2.33 billion, a P/E ratio of 24.97 and a beta of 2.04. The company has a quick ratio of 1.10, a current ratio of 1.82 and a debt-to-equity ratio of 0.69. The company has a 50-day moving average price of $18.61 and a 200-day moving average price of $21.62. Resideo Technologies, Inc. has a 1 year low of $14.18 and a 1 year high of $28.28.

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Resideo Technologies (NYSE:REZI - Get Free Report) last released its quarterly earnings data 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). The firm had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.84 billion. Resideo Technologies had a net margin of 1.69% and a return on equity of 11.12%. On average, equities analysts predict that Resideo Technologies, Inc. will post 2.13 EPS 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.