Foundry Partners LLC Has $3.48 Million Stake in Resideo Technologies, Inc. (NYSE:REZI)

Foundry Partners LLC cut its holdings in shares of Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 31.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 151,037 shares of the company's stock after selling 68,739 shares during the period. Foundry Partners LLC owned approximately 0.10% of Resideo Technologies worth $3,481,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in REZI. JPMorgan Chase & Co. increased its position in shares of Resideo Technologies by 16.6% during 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 during the period. Vanguard Group Inc. grew 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 worth $371,968,000 after acquiring an additional 75,940 shares during the period. Barclays PLC raised its position in Resideo Technologies by 358.9% in the third quarter. Barclays PLC now owns 262,698 shares of the company's stock worth $5,290,000 after acquiring an additional 205,453 shares in the last quarter. Weiss Asset Management LP acquired a new stake in Resideo Technologies in the 3rd quarter valued at about $9,217,000. Finally, Pacer Advisors Inc. bought a new position in shares of Resideo Technologies during the 4th quarter valued at about $122,145,000. 91.71% of the stock is owned by institutional investors.

Resideo Technologies Price Performance

Shares of NYSE:REZI traded down $0.88 on Thursday, reaching $15.33. 347,878 shares of the company traded hands, compared to its average volume of 924,154. The stock has a market capitalization of $2.27 billion, a PE ratio of 24.41 and a beta of 2.04. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.82 and a quick ratio of 1.10. The company's 50 day moving average is $18.86 and its 200-day moving average is $21.66. Resideo Technologies, Inc. has a fifty-two week low of $14.18 and a fifty-two week high of $28.28.

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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 for the quarter, missing analysts' consensus estimates of $0.59 by ($0.08). Resideo Technologies had a net margin of 1.69% and a return on equity of 11.12%. The company had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.84 billion. As a group, analysts anticipate that Resideo Technologies, Inc. will post 2.13 earnings per share for the current fiscal 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.