Federated Hermes Inc. bought a new stake in Resideo Technologies, Inc. (NYSE:REZI - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,541,941 shares of the company's stock, valued at approximately $35,542,000. Federated Hermes Inc. owned 1.05% of Resideo Technologies at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. R Squared Ltd acquired a new position in Resideo Technologies in the fourth quarter valued at $30,000. Smartleaf Asset Management LLC increased its position in Resideo Technologies by 293.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,600 shares of the company's stock valued at $60,000 after acquiring an additional 1,939 shares during the period. Blue Trust Inc. increased its position in 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. GAMMA Investing LLC raised its stake 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 during the last quarter. Finally, Harvest Fund Management Co. Ltd acquired a new stake in Resideo Technologies during the 4th quarter worth approximately $119,000. Hedge funds and other institutional investors own 91.71% of the company's stock.
Resideo Technologies Stock Performance
Shares of REZI stock traded down $0.09 during midday trading on Friday, hitting $15.50. The company had a trading volume of 1,027,884 shares, compared to its average volume of 932,989. Resideo Technologies, Inc. has a 52-week low of $14.18 and a 52-week high of $28.28. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.82 and a quick ratio of 1.10. The company's 50 day simple moving average is $18.61 and its 200 day simple moving average is $21.62. The stock has a market cap of $2.29 billion, a price-to-earnings ratio of 24.60 and a beta of 2.04.
Resideo Technologies (NYSE:REZI - Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.84 billion. 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.
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