Resideo Technologies, Inc. (NYSE:REZI) Shares Bought by Pembroke Management LTD

Pembroke Management LTD boosted its holdings in shares of Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 126.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 667,421 shares of the company's stock after buying an additional 373,133 shares during the quarter. Resideo Technologies accounts for about 2.0% of Pembroke Management LTD's portfolio, making the stock its 21st largest holding. Pembroke Management LTD owned about 0.45% of Resideo Technologies worth $15,384,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of REZI. R Squared Ltd purchased a new position in shares of Resideo Technologies during the 4th quarter valued at approximately $30,000. International Assets Investment Management LLC increased its holdings in shares of Resideo Technologies by 1,740.5% during the 3rd quarter. International Assets Investment Management LLC now owns 2,135 shares of the company's stock valued at $43,000 after purchasing an additional 2,019 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of Resideo Technologies by 55.0% during the 3rd quarter. Blue Trust Inc. now owns 2,515 shares of the company's stock valued at $49,000 after purchasing an additional 892 shares in the last quarter. GAMMA Investing LLC increased its holdings 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 valued at $90,000 after purchasing an additional 647 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new position in shares of Resideo Technologies during the 3rd quarter valued at approximately $112,000. 91.71% of the stock is owned by hedge funds and other institutional investors.

Resideo Technologies Price Performance

Resideo Technologies stock traded down $1.76 during trading on Friday, reaching $19.67. The company had a trading volume of 554,898 shares, compared to its average volume of 712,215. The firm's 50-day simple moving average is $22.97 and its 200 day simple moving average is $22.02. Resideo Technologies, Inc. has a 1-year low of $17.43 and a 1-year high of $28.28. The firm has a market capitalization of $2.89 billion, a PE ratio of 17.69 and a beta of 2.15. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.10 and a current ratio of 1.82.

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 analysts' consensus estimates of $0.59 by ($0.08). Resideo Technologies had a net margin of 2.72% and a return on equity of 10.97%. The company had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.84 billion. As a group, equities research analysts anticipate that Resideo Technologies, Inc. will post 1.96 earnings per share 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.