Sei Investments Co. Sells 63,953 Shares of Resideo Technologies, Inc. (NYSE:REZI)

Sei Investments Co. decreased its position in shares of Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 52.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 58,862 shares of the company's stock after selling 63,953 shares during the quarter. Sei Investments Co.'s holdings in Resideo Technologies were worth $1,357,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of REZI. FMR LLC lifted its stake in shares of Resideo Technologies by 22.7% during the third quarter. FMR LLC now owns 165,001 shares of the company's stock valued at $3,323,000 after acquiring an additional 30,538 shares during the period. Holocene Advisors LP bought a new stake in Resideo Technologies during the 3rd quarter worth about $471,000. State Street Corp lifted its position in Resideo Technologies by 2.0% during the 3rd quarter. State Street Corp now owns 8,060,486 shares of the company's stock valued at $162,338,000 after purchasing an additional 159,069 shares during the period. iSAM Funds UK Ltd bought a new position in shares of Resideo Technologies in the 3rd quarter valued at about $520,000. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Resideo Technologies in the 3rd quarter valued at about $589,000. 91.71% of the stock is currently owned by institutional investors.

Resideo Technologies Trading Down 0.5 %

Shares of REZI traded down $0.09 on Friday, reaching $15.50. 1,027,884 shares of the company's stock were exchanged, compared to its average volume of 931,296. The business has a 50 day moving average price of $18.61 and a two-hundred day moving average price of $21.61. Resideo Technologies, Inc. has a 12 month low of $14.18 and a 12 month high of $28.28. The stock has a market capitalization of $2.29 billion, a P/E ratio of 24.60 and a beta of 2.04. The company has a current ratio of 1.82, a quick ratio of 1.10 and a debt-to-equity ratio of 0.69.

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Resideo Technologies (NYSE:REZI - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.51 EPS for the quarter, missing analysts' consensus estimates of $0.59 by ($0.08). The business had revenue of $1.86 billion for 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%. Research analysts anticipate 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.