Robeco Institutional Asset Management B.V. Sells 30,655 Shares of Resideo Technologies, Inc. (NYSE:REZI)

Robeco Institutional Asset Management B.V. trimmed its holdings in Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 16.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 154,188 shares of the company's stock after selling 30,655 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.10% of Resideo Technologies worth $3,554,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Horizon Kinetics Asset Management LLC boosted its position in shares of Resideo Technologies by 32.3% in the third quarter. Horizon Kinetics Asset Management LLC now owns 87,112 shares of the company's stock valued at $1,754,000 after acquiring an additional 21,266 shares during the period. Citigroup Inc. boosted its holdings in Resideo Technologies by 47.5% in the 3rd quarter. Citigroup Inc. now owns 197,142 shares of the company's stock valued at $3,970,000 after purchasing an additional 63,501 shares during the period. JPMorgan Chase & Co. grew 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 in the last quarter. Hotchkis & Wiley Capital Management LLC increased its holdings in shares of Resideo Technologies by 98.3% in 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 during the period. Finally, Barclays PLC raised its position in shares of 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 buying an additional 205,453 shares in the last quarter. Institutional investors own 91.71% of the company's stock.

Insider Activity at Resideo Technologies

In related news, insider Robert B. Aarnes sold 98,829 shares of the stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $26.16, for a total value of $2,585,366.64. Following the transaction, the insider now owns 458,928 shares of the company's stock, valued at $12,005,556.48. This represents a 17.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.50% of the stock is currently owned by insiders.

Resideo Technologies Price Performance

NYSE:REZI traded up $0.15 during trading hours on Thursday, hitting $22.00. 575,928 shares of the company's stock traded hands, compared to its average volume of 666,122. Resideo Technologies, Inc. has a 52 week low of $16.74 and a 52 week high of $28.28. The business's fifty day simple moving average is $24.04 and its two-hundred day simple moving average is $22.03. The company has a quick ratio of 1.10, a current ratio of 1.82 and a debt-to-equity ratio of 0.69. The firm has a market cap of $3.23 billion, a P/E ratio of 19.82 and a beta of 2.16.

Resideo Technologies (NYSE:REZI - Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.47 by $0.03. The firm had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.82 billion. Resideo Technologies had a return on equity of 10.97% and a net margin of 2.72%. During the same quarter last year, the company posted $0.41 EPS. On average, research analysts anticipate that Resideo Technologies, Inc. will post 1.96 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.