Connor Clark & Lunn Investment Management Ltd. decreased its position in Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 27.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 38,889 shares of the company's stock after selling 14,759 shares during the period. Connor Clark & Lunn Investment Management Ltd.'s holdings in Resideo Technologies were worth $896,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in the company. Victory Capital Management Inc. raised its holdings in Resideo Technologies by 14.3% during the 3rd quarter. Victory Capital Management Inc. now owns 165,748 shares of the company's stock worth $3,338,000 after buying an additional 20,723 shares during the period. Quest Partners LLC increased its position in shares of Resideo Technologies by 2.3% during the third quarter. Quest Partners LLC now owns 22,045 shares of the company's stock worth $444,000 after acquiring an additional 505 shares in the last quarter. Segall Bryant & Hamill LLC raised its holdings in shares of Resideo Technologies by 1,344.3% during the third quarter. Segall Bryant & Hamill LLC now owns 175,440 shares of the company's stock worth $3,533,000 after acquiring an additional 163,293 shares during the period. Intech Investment Management LLC lifted its position in Resideo Technologies by 63.7% in the 3rd quarter. Intech Investment Management LLC now owns 76,748 shares of the company's stock valued at $1,546,000 after acquiring an additional 29,861 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in Resideo Technologies by 3.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,545,865 shares of the company's stock worth $31,134,000 after purchasing an additional 54,508 shares during the period. Institutional investors own 91.71% of the company's stock.
Resideo Technologies Stock Performance
NYSE REZI remained flat at $18.46 during trading on Tuesday. The company's stock had a trading volume of 1,172,712 shares, compared to its average volume of 833,927. The firm has a market cap of $2.73 billion, a P/E ratio of 29.30 and a beta of 2.32. Resideo Technologies, Inc. has a 12-month low of $16.88 and a 12-month high of $28.28. The company has a 50 day moving average price of $20.56 and a 200-day moving average price of $21.89. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.82 and a quick ratio of 1.10.
Resideo Technologies (NYSE:REZI - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.08). Resideo Technologies had a net margin of 1.69% and a return on equity of 11.12%. The business had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.84 billion. As a group, equities 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.
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