Nicola Wealth Management LTD. Purchases 24,000 Shares of Resideo Technologies, Inc. (NYSE:REZI)

Nicola Wealth Management LTD. increased its position in Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 11.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 229,600 shares of the company's stock after acquiring an additional 24,000 shares during the period. Nicola Wealth Management LTD. owned approximately 0.16% of Resideo Technologies worth $5,292,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. R Squared Ltd bought a new position in Resideo Technologies in the 4th quarter valued at about $30,000. International Assets Investment Management LLC boosted its stake 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 worth $43,000 after acquiring an additional 2,019 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in Resideo Technologies by 293.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,600 shares of the company's stock worth $60,000 after purchasing an additional 1,939 shares in the last quarter. Blue Trust Inc. grew its stake in Resideo Technologies by 28.9% during 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 in the last quarter. Finally, GAMMA Investing LLC lifted its position in shares of Resideo Technologies by 19.8% in the fourth quarter. GAMMA Investing LLC now owns 3,918 shares of the company's stock worth $90,000 after purchasing an additional 647 shares in the last quarter. 91.71% of the stock is currently owned by institutional investors.

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Resideo Technologies Stock Up 0.1 %

Resideo Technologies stock traded up $0.02 during trading hours on Friday, hitting $18.47. The company had a trading volume of 1,007,929 shares, compared to its average volume of 861,798. The firm's fifty day moving average is $21.76 and its 200-day moving average is $22.02. The firm has a market capitalization of $2.73 billion, a P/E ratio of 29.32 and a beta of 2.32. Resideo Technologies, Inc. has a fifty-two week low of $17.43 and a fifty-two 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.

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

About Resideo Technologies

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.