Resideo Technologies, Inc. (NYSE:REZI) Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp cut its stake in shares of Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 21.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 163,201 shares of the company's stock after selling 44,357 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.11% of Resideo Technologies worth $3,762,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Citigroup Inc. lifted its stake in Resideo Technologies by 47.5% in the third quarter. Citigroup Inc. now owns 197,142 shares of the company's stock worth $3,970,000 after acquiring an additional 63,501 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Resideo Technologies by 16.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,007,980 shares of the company's stock valued at $20,301,000 after purchasing an additional 143,452 shares in the last quarter. Hotchkis & Wiley Capital Management LLC lifted its position in shares of Resideo Technologies by 98.3% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 621,560 shares of the company's stock worth $12,518,000 after purchasing an additional 308,060 shares during the period. Barclays PLC boosted its stake in shares of Resideo Technologies by 358.9% during the third 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 in the last quarter. Finally, Vanguard Group Inc. increased its holdings in Resideo Technologies by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 16,137,439 shares of the company's stock valued at $371,968,000 after buying an additional 75,940 shares during the period. Institutional investors own 91.71% of the company's stock.

Remove Ads

Resideo Technologies Stock Down 5.1 %

NYSE:REZI traded down $0.83 during trading hours on Friday, reaching $15.60. The company's stock had a trading volume of 1,467,437 shares, compared to its average volume of 909,209. The stock has a 50 day moving average price of $19.59 and a two-hundred day moving average price of $21.82. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.10 and a current ratio of 1.82. The company has a market capitalization of $2.31 billion, a P/E ratio of 24.76 and a beta of 2.04. Resideo Technologies, Inc. has a 12 month low of $14.77 and a 12 month high of $28.28.

Resideo Technologies (NYSE:REZI - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.08). The company had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.84 billion. Resideo Technologies had a return on equity of 11.12% and a net margin of 1.69%. Equities analysts predict that Resideo Technologies, Inc. will post 2.13 EPS for the current fiscal 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.