Dana Investment Advisors Inc. Decreases Stock Holdings in Resideo Technologies, Inc. (NYSE:REZI)

Dana Investment Advisors Inc. reduced its position in Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 11.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 149,312 shares of the company's stock after selling 19,520 shares during the quarter. Dana Investment Advisors Inc. owned 0.10% of Resideo Technologies worth $3,442,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. R Squared Ltd acquired a new stake in shares of Resideo Technologies during the fourth quarter worth $30,000. International Assets Investment Management LLC raised its stake in Resideo Technologies by 1,740.5% in the 3rd quarter. International Assets Investment Management LLC now owns 2,135 shares of the company's stock worth $43,000 after acquiring an additional 2,019 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in Resideo Technologies by 293.3% during the 4th 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 period. Blue Trust Inc. grew its stake in Resideo Technologies by 28.9% during the 4th 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 last quarter. Finally, GAMMA Investing LLC increased its holdings in shares of Resideo Technologies by 19.8% in the fourth quarter. GAMMA Investing LLC now owns 3,918 shares of the company's stock valued at $90,000 after purchasing an additional 647 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 Performance

REZI traded up $0.17 during trading on Tuesday, reaching $17.76. 1,040,838 shares of the company's stock were exchanged, compared to its average volume of 863,149. 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, Inc. has a 1 year low of $17.27 and a 1 year high of $28.28. The company's fifty day simple moving average is $21.55 and its 200-day simple moving average is $22.04. The stock has a market capitalization of $2.63 billion, a P/E ratio of 28.19 and a beta of 2.32.

Resideo Technologies (NYSE:REZI - Get Free Report) last issued 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 company had revenue of $1.86 billion during the quarter, compared to analysts' expectations of $1.84 billion. As a group, research analysts predict that Resideo Technologies, Inc. will post 2.13 earnings per share for the current fiscal year.

About Resideo Technologies

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.