Resideo Technologies, Inc. (NYSE:REZI) Shares Acquired by Amundi

Amundi increased its holdings in Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 41.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 144,337 shares of the company's stock after buying an additional 42,298 shares during the period. Amundi owned about 0.10% of Resideo Technologies worth $3,256,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. Pacer Advisors Inc. purchased a new stake in shares of Resideo Technologies during the fourth quarter valued at about $122,145,000. Weiss Asset Management LP purchased a new stake in Resideo Technologies during the third quarter valued at approximately $9,217,000. Beaconlight Capital LLC boosted its stake in Resideo Technologies by 64.9% in the third quarter. Beaconlight Capital LLC now owns 1,088,926 shares of the company's stock valued at $21,931,000 after acquiring an additional 428,669 shares in the last quarter. Pembroke Management LTD grew its holdings in Resideo Technologies by 126.8% in the fourth quarter. Pembroke Management LTD now owns 667,421 shares of the company's stock worth $15,384,000 after purchasing an additional 373,133 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC increased its position in shares of Resideo Technologies by 98.3% during the third 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 in the last quarter. Hedge funds and other institutional investors own 91.71% of the company's stock.

Remove Ads

Resideo Technologies Stock Up 0.2 %

Shares of REZI traded up $0.04 during midday trading on Thursday, hitting $18.13. 875,854 shares of the company's stock traded hands, compared to its average volume of 818,084. The company has a current ratio of 1.82, a quick ratio of 1.10 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $2.68 billion, a price-to-earnings ratio of 28.77 and a beta of 2.32. Resideo Technologies, Inc. has a 1 year low of $16.88 and a 1 year high of $28.28. The firm's fifty day moving average is $20.80 and its 200-day moving average is $21.90.

Resideo Technologies (NYSE:REZI - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.08). Resideo Technologies had a return on equity of 11.12% and a net margin of 1.69%. The business had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.84 billion. As a group, sell-side analysts anticipate that Resideo Technologies, Inc. will post 2.13 earnings per share for the current year.

Resideo Technologies Company 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.