Resideo Technologies, Inc. (NYSE:REZI - Get Free Report)'s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $25.56 and last traded at $25.30, with a volume of 27888 shares trading hands. The stock had previously closed at $25.36.
Analyst Ratings Changes
Separately, Evercore ISI began coverage on shares of Resideo Technologies in a research note on Friday, August 9th. They issued an "outperform" rating and a $25.00 price target on the stock.
Check Out Our Latest Stock Analysis on REZI
Resideo Technologies Trading Up 0.0 %
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 firm has a market capitalization of $3.73 billion, a PE ratio of 22.86 and a beta of 2.09. The business's 50-day moving average price is $20.42 and its 200-day moving average price is $20.38.
Hedge Funds Weigh In On Resideo Technologies
A number of hedge funds have recently modified their holdings of the business. Nilsine Partners LLC grew its position in Resideo Technologies by 3.3% in the 2nd quarter. Nilsine Partners LLC now owns 14,256 shares of the company's stock valued at $279,000 after buying an additional 452 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in Resideo Technologies by 3.4% in the second quarter. Commonwealth Equity Services LLC now owns 13,702 shares of the company's stock valued at $268,000 after acquiring an additional 454 shares during the period. Quest Partners LLC lifted its holdings in Resideo Technologies by 2.3% in the third quarter. Quest Partners LLC now owns 22,045 shares of the company's stock valued at $444,000 after acquiring an additional 505 shares during the period. GAMMA Investing LLC lifted its holdings in Resideo Technologies by 50.0% in the second quarter. GAMMA Investing LLC now owns 1,592 shares of the company's stock valued at $31,000 after acquiring an additional 531 shares during the period. Finally, Arizona State Retirement System lifted its holdings in Resideo Technologies by 1.3% in the second quarter. Arizona State Retirement System now owns 40,683 shares of the company's stock valued at $796,000 after acquiring an additional 535 shares during the period. 91.71% of the stock is currently owned by hedge funds and other institutional investors.
Resideo Technologies Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Resideo Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Resideo Technologies wasn't on the list.
While Resideo Technologies currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
