Fuller & Thaler Asset Management Inc. Has $173.18 Million Stock Position in Resideo Technologies, Inc. (NYSE:REZI)

Fuller & Thaler Asset Management Inc. cut its stake in shares of Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 1.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,513,114 shares of the company's stock after selling 80,511 shares during the period. Fuller & Thaler Asset Management Inc. owned 5.11% of Resideo Technologies worth $173,177,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of REZI. Barclays PLC raised its holdings in shares of Resideo Technologies by 358.9% in the 3rd quarter. Barclays PLC now owns 262,698 shares of the company's stock valued at $5,290,000 after purchasing an additional 205,453 shares during the period. Franklin Resources Inc. increased its position in Resideo Technologies by 45.3% during the third quarter. Franklin Resources Inc. now owns 171,792 shares of the company's stock worth $3,592,000 after buying an additional 53,541 shares during the last quarter. Principal Financial Group Inc. raised its stake in Resideo Technologies by 3.1% in the third quarter. Principal Financial Group Inc. now owns 742,628 shares of the company's stock valued at $14,957,000 after buying an additional 22,353 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Resideo Technologies by 16.6% in the third quarter. JPMorgan Chase & Co. now owns 1,007,980 shares of the company's stock valued at $20,301,000 after buying an additional 143,452 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of Resideo Technologies by 19.8% during the 4th quarter. GAMMA Investing LLC now owns 3,918 shares of the company's stock worth $90,000 after acquiring an additional 647 shares during the period. 91.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. cut shares of Resideo Technologies from an "overweight" rating to a "neutral" rating and reduced their price objective for the stock from $31.00 to $16.00 in a research report on Tuesday.

Resideo Technologies Trading Down 3.3 %

Shares of NYSE:REZI opened at $15.15 on Wednesday. Resideo Technologies, Inc. has a 12-month low of $14.18 and a 12-month high of $28.28. The business has a 50 day moving average of $17.73 and a 200-day moving average of $21.41. 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 stock has a market cap of $2.24 billion, a PE ratio of 24.05 and a beta of 2.04.

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 (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 the consensus estimate of $1.84 billion. As a group, equities research analysts forecast that Resideo Technologies, Inc. will post 2.13 earnings per share for the current year.

Resideo Technologies 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.

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